Copenhagen Infrastructure Partners (CIP) has held final close at is latest global greenfield renewable energy fund, Copenhagen Infrastructure IV (CI IV) after one year of fundraising.

The fund was oversubscribed and closed at the hard cap of €7bn ($8.44bn), having reached the target fund size of €5.5 billion already in December 2020. Its institutional investors from the pension fund, life insurance and family office sectors are halfway split into existing and new investors in CIP funds.