Norway's Sovereign Wealth Fund invests €900 million into CIP's CI V renewable energy fund.

Norway's Sovereign Wealth Fund, managed by Norges Bank Investment Management, is investing €900 million into Copenhagen Infrastructure Partners' (CIP) CI V renewable energy fund. The funds will focus on offshore and onshore wind, solar farms, grid and distribution, and storage in North America, Western Europe, and Asia Pacific developed countries. This commitment aligns with NBIM's strategy to diversify its investments in renewable energy infrastructure and supports CIP's CI V target of €12 billion in capital commitments.

August 26, 2024
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