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Signature(s)

Amount
€ 75,060,987.02
Countries
Sector(s)
Denmark : € 75,060,987.02
Energy : € 75,060,987.02
Signature date(s)
1/07/2015 : € 37,529,990.49
1/07/2015 : € 37,530,996.53
Link to source

Summary sheet

Release date
20 April 2015
Status
Reference
Signed | 01/07/2015
20140769
Project name
Promoter - financial intermediary
COPENHAGEN INFRASTRUCTURE II
COPENHAGEN INFRASTRUCTURE PARTNERS I K/S,COPENHAGEN INFRASTRUCTURE PARTNERS II PS
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
DKK 560 million (EUR 75 million)
DKK 15000 million (EUR 2011 million)
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

Infrastructure fund investing in large energy-related projects, with a focus on offshore wind, biomass and transmission.

The fund targets mezzanine and equity-type investments primarily in greenfield energy-related projects with a focus on offshore wind, biomass, and electricity transmission, mainly in Northern and Western Europe.

Environmental aspects
Procurement

Most of the projects to be financed by the fund are expected to fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU, leaving it to the national competent authority to determine on the basis of Annex III of that directive whether an environmental impact assessment is required. If an underlying investment is subject to an EIA, the fund manager will be required to obtain the non-technical summary of it, and, where relevant, written confirmation from the competent authority that the investment will not have any significant negative impact on sites of nature conservation.

The fund’s investment guidelines will be required to ensure that procurement procedures applied by the underlying investments financed by the fund are in line with the provisions of the relevant directives.

Comments

Total project cost: Hard cap: DKK 15,000 million (EUR ~2,000 million) Target: DKK 12,000 million (EUR ~1,600 million)

Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - COPENHAGEN INFRASTRUCTURE II
Publication Date
3 Jul 2015
Document language
Main Topic
Lending
Document Number
60140390
Document Focus
Environmental Information
Project Number
20140769
Sector(s)
Publicly available
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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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