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CIP ready with new fund worth EUR 3.5 billion

Danish investment fund Copenhagen Infrastructure Partners (CIP) has secured solid returns on green investments. CIP, founded by "cash cow" figures from then-Dong Energy, has now closed Denmark's hitherto largest capital fund.

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Statoil books best quarter in four years

The stable and recently rising oil price has spelled good news for Norwegian giant Statoil, which emerged from the first quarter with strong revenue. (Article updated)

Ørsted takes over British battery project

The Danish utility wants to join the club of battery owners in the UK and will now follow in the footsteps of firms such as Centrica, EDF and E.on, as the firm plans to have a 20 MW project near Liverpool.

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