About This Fund
Copenhagen Infrastructure IV (CI IV) is a flagship infrastructure fund managed by Copenhagen Infrastructure Partners (CIP), the world's leading renewable energy infrastructure manager. Launched in 2020, CI IV focuses exclusively on greenfield investments in contracted, large-scale renewable energy infrastructure projects across low-risk OECD markets. The fund closed at its hard cap of EUR 7 billion in April 2021, surpassing its initial target of EUR 5.5 billion and establishing itself as one of the largest renewable energy infrastructure funds ever raised globally at the time of its closing.
CI IV deploys capital across a diversified spectrum of clean energy technologies including offshore and onshore wind, solar PV, transmission and distribution grids, battery storage, waste-to-energy, and advanced biomass projects in Western Europe, North America, developed Asia-Pacific, and Australia. The fund's investment thesis is anchored by long-term contracted cash flows and robust structures that minimize exposure to energy price volatility while maintaining cautious use of financial leverage. CIP targets transformational infrastructure assets with the potential to deliver durable, inflation-linked returns to its institutional LP base while accelerating the global energy transition.
The fund's investor base at final close comprised approximately 100 institutional investors globally, including a 50/50 split between existing CIP LPs and new institutional investors from the Nordics, Continental Europe, the United Kingdom, Israel, North America, Asia, and Australia. Anchor LPs included PensionDanmark (EUR 500 million commitment), AP Pension, and Norwegian pension fund KLP. CI IV is the fourth flagship fund in CIP's series, which collectively managed approximately EUR 32 billion across 13 funds as of 2025, including the subsequent Copenhagen Infrastructure V, which closed at EUR 12 billion.