Copenhagen Infrastructure Partners with senior partners Jakob Baruël Poulsen, Rune Bro Róin, Torsten Lodberg Smed, Christian T. Skakkebæk and Christina Grumstrup Sørensen, have announced the first closing of the new infrastructure fund, Copenhagen Infrastructure III K/S.
Copenhagen Infrastructure III Content
Six institutional investos, PensionDanmark, Lægernes Pensionskasse, Danske Civilingeniørers Pensionskasse, Juristernes og Økonomernes Pensionskasse, Kommunal Landspensjonskasse Gjensidig Forsikringsselskap and T&W Holding ApS, have committed a total of DKK 7.4 billion to Copenhagen Infrastructure III K/S. The fund raising will continue.
Copenhagen Infrastructure III K/S will provide exposure to energy-related assets and activities with infrastructure characteristics, primarily in Northwestern Europe and North America and primarily with regulated and/or contracted cash flows, e.g. assets and activities generating revenue streams fully or partly based on regulated regimes or on long-term contracted income. On the basis of a buy-and-hold strategy, investments will be made in infrastructure assets, such as offshore and onshore wind, solar power generation assets, thermal generation assets etc.
Bruun & Hjejle acted as legal counsel to Copenhagen Infrastructure III K/S, including tax and regulatory advise. In structuring and advising on the structure, compliance and terms for Copenhagen Infrastructure III K/S, Bruun & Hjejle has built on its extensive experience regarding alternative investment structures. Since 2011, Bruun & Hjejle has advised institutional investors and sponsors in relation to the investment in and formation of alternative investment structures with total commitments in excess of DKK 200 billion, including more than DKK 40 billion in the latest 6 months across a wide range of jurisdictions.
Bruun & Hjejle’s fund formation practice includes a team of 11 professionals with market leading knowledge of alternative investment structures and related tax and regulatory aspects and a first class network of advisors in relevant jurisdictions.
