EnergyWatch

Sovereign wealth fund invests EUR 125m in CIP's flagship product

The fund, which aims to start saving for an expected rise in pension costs in New Zealand, has invested in Copenhagen Infrastructure Partners' Energy Transition Fund.

CIP Partner Michael Hannibal is looking forward to the partnership. | Photo: Copenhagen Infrastructure Partners

New Zealand's NZD 58bn (EUR 35bn) Super Fund has made a NZD 208m (EUR 125m) investment in fund manager Copenhagen Infrastructure Partners' (CIP) Energy Transition Fund, the New Zealand Times reports.

The Super Fund is a government superannuation fund founded to make future retirement costs affordable for New Zealand as its population ages.

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