Danish pension fund P+ has invested DKK750 million (US$109.5 million) in Copenhagen Infrastructure Partner's Green Credit Fund I.
With a comprehensive investment of DKK1.5 billion (US$219 million), the primary objective is to generate appealing returns for members by providing loans for renewable energy initiatives. P+, the Pension Fund for Academics and Doctors’ Pension, contributes DKK 750 million (US$ 109.5 million) to this initiative. The foundation targets both established and novel ventures across various domains, including onshore and offshore wind, solar power, and the storage of green energy, predominantly within Europe and North America. P+ already holds investments in several of CIP’s funds, which have yielded satisfactory results. The Danish asset management company Copenhagen Infrastructure Partners (CIP) spearheads the Green Credit Fund I, a credit fund that seeks to bolster renewable energy projects by offering loans for infrastructure initiatives.