COPENHAGEN – Norway’s sovereign wealth fund said on Monday it will commit 900 million euros ($1.01 billion) to the latest renewable energy fund of Copenhagen Infrastructure Partners (CIP).
Norges Bank Investment Management said in a statement it had agreed to commit the sum to CIP’s fifth flagship fund CI V, which will focus on investing in offshore and onshore wind, solar farms, grid and distribution, as well as storage.
($1 = 0.8945 euros)
(Reporting by Louise Breusch Rasmussen, editing by Terje Solsvik)
