CIP buys 1.6 GW in storage capacity

A large part of the firm's new fund will be well hydrated with the acquisition of two projects carrying an aggregated development cost of USD 2.8 billion.

Photo: Snowy Hydro

It's quite like the rising action leading up to the big championship fight in Rocky IV showing Sylvester Stallone running up a snowy mountain in stark contrast to his opponent, who instead trains for the bout with the sole use of high-tech gear.

Normally, it's also the most nascent technology that Copenhagen Infrastructure Partners involves itself with, however, the first investment of the firm's Copenhagen Infrastructure IV is once again relying on the old-fashioned method of running weight up a hill.

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