COPENHAGEN, Denmark, March 10, 2026 (GLOBE NEWSWIRE) -- CIP's CI Green Credit Fund II (GCF II) has reached first close, raising EUR 1.3 billion in committed capital and is targeting an overall fundraise of EUR 2 billion. This includes commitments to its closed-ended fund, related evergreen vehicle and discretionary co-investments.

GCF II has received commitments from a range of institutional partners across the globe, including sovereign wealth funds, insurance companies and pension funds. CIP has also made a significant commitment to GCF II, demonstrating its conviction in the strategy.

The investment period for the predecessor fund, GCF I, has ended and the team is now actively investing in GCF II. Having made 12 global investments diversified across technologies and debt structures, CGF I has reached 100%1 of capital committed and had its first full realisation in Q4 2025. With ample current opportunities in the pipeline, GCF II has already made the first investment by providing refinancing to a Dutch portfolio of solar and battery storage (BESS) assets, representing 450MW of capacity.

The fund's investment strategy is focused on providing credit solutions to renewable energy projects, energy-transition companies, and adjacent opportunities in OECD jurisdictions, particularly in Europe, North America and selective jurisdictions in the Asia-Pacific region. It targets higher-yielding debt, focusing primarily on senior secured credit investments.

CIP's flagship credit strategy ...