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Norges Bank Investment Management NBIM  27.08.2024   New investment in Renewable Energy Infrastructure!

Today we entered into an agreement with Copenhagen Infrastructure Partners to commit 900 million euros to their latest renewable energy fund, “CI V”.
 
This agreement will enable us to invest in renewable energy projects in the development stage. The investment is a valuable addition to the portfolio we are currently building. It will provide further investment possibilities and exposure to other parts of the value chain, as well as the opportunity to continue building knowledge and experience with new markets and technologies!
 
CIP and CI V will invest in renewable energy with a focus on offshore and onshore wind, solar farms, grid and distribution, and storage. The investments will be equally split between three regions: North America, Western Europe, and developed countries in the Asia Pacific region.