About This Fund
Copenhagen Infrastructure Green Credit Fund I (CI GCF I) is the inaugural infrastructure debt fund managed by Copenhagen Infrastructure Partners (CIP), a leading global specialist in energy infrastructure investments with over EUR 30 billion under management. Launched in February 2022 with EUR 320 million in seed commitments from sovereign wealth funds, insurance companies, and pension funds, the fund reached its EUR 1 billion final close in August 2023 after exceeding its original fundraising target. CI GCF I is co-headed by CIP Partners Jakob Groot and Nicholas Blach Petersen, who lead the firm's Green Credit platform.
The fund deploys private project finance debt with subordinated risk characteristics, supporting renewable energy and clean energy transition projects globally. Target asset classes include offshore wind, onshore wind, solar PV, biomass, battery storage, and transmission infrastructure. The strategy executes direct investments and risk-sharing transactions across Europe, North America, and selective Asia-Pacific jurisdictions, providing flexible capital solutions to energy developers at critical inflection points in the energy transition. The subordinated debt structure offers an attractive risk-return profile between senior infrastructure debt and infrastructure equity.
As of March 2026, CI GCF I has committed over 100% of its capital across 12 diversified investments spanning multiple energy technologies, geographies, and investment structures. Notable recent transactions include an EUR 80 million platform financing facility for Elements Green's 13 GW renewable energy portfolio across the United Kingdom, Germany, Italy, and Australia, and participation in TagEnergy's EUR 570 million green bond issuance. The successful deployment of CI GCF I has catalyzed the launch of its successor, Copenhagen Infrastructure Green Credit Fund II (GCF II), which reached a EUR 1.3 billion first close targeting an overall fundraise of EUR 2 billion.