Copenhagen Infrastructure Partners (“CIP”) has established and held closing of Copenhagen Infrastructure Microgrid Electrification I K/S (CI MEF I), a new and fully subscribed pilot fund. Further, CIP and PensionDanmark have launched a microgrid specialist company, Plexar Energy, tasked with the development, instalment and operation of microgrids.
CIP is a Denmark-based global market leader within greenfield renewable energy infrastructure investments. Across its funds, CIP has raised approximately EUR 32bn from more than 180 of the world’s leading institutional investors.
CI MEF I represents a strategic expansion of CIP’s strategy, with CI MEF I allowing industrial customers to install microgrids without upfront investment.
Accura, led by Accura’s Investment Funds team, acted as legal counsel on all aspects of the structuring and fund formation of CI MEF I and the launch of Plexar Energy.