Project detail - Copenhagen Infrastructure GMF II Levered Fund I SCSp

Copenhagen Infrastructure GMF II Levered Fund I SCSp

Status: Approved investment
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Disclaimer

The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.

Who is our customer?

Copenhagen Infrastructure GMF II Levered Fund I SCSp (the “Borrower”) is a co-investment vehicle established as a special limited partnership under the laws of Luxembourg to invest in renewable energy projects across various low- and middle-income countries (LMICs), with primary exposure anticipated in the Philippines, India and Vietnam, and limited exposure to Mexico and other eligible countries. The Borrower will be funded through a 50% equity commitment from Copenhagen Infrastructure Partners Holding P/S (the “Equity Commitment”) and a 50% debt facility (the “Facility”) provided by FMO. The Borrower will invest in renewable energy projects alongside Copenhagen Infrastructure Growth Markets Fund II (“GMF II”), which is managed by Copenhagen Infrastructure Partners P/S (“CIP”).

What is our funding objective?

FMO has committed a USD 138 million facility to support the execution of a pipeline of large-scale renewable energy projects, including onshore and offshore wind, solar and battery energy storage systems, thereby supporting the energy transition and increasing renewable power generation capacity in the target markets.

Why do we fund this investment?

The transaction offers an opportunity to support CIP’s pipeline execution, deliver catalytic impact, and is expected to contribute to climate mitigation through the increased deployment of renewable energy capacity in the target markets. 100% of FMO’s investment is labelled as Green, as it supports activities that contribute to climate mitigation, contributing to SDG 13, in line with FMO’s methodology to determine the green finance attribution.

What is the Environmental and Social categorization rationale?

The transaction is labeled as environmental and social (E&S) risk category A, as the Borrower aims to fund large and complex renewable energy projects in various emerging markets. Projects may include very large solar, onshore and offshore wind and BESS developments. As such, these projects collectively have the potential to trigger all of IFC PSs 1-8, and several WBG EHS Guidelines. E&S risks at project and portfolio levels will be managed through the GMF II’s E&S management systems and procedures and any gaps are to be addressed via the environmental and social action plan.

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Date Total FMO financing
8/13/2026 USD 69.00 MLN
Website customer/investment
https://www.cip.com/
Country
Global
Sector
Infrastructure, Manufacturing and Services
Publication date
5/22/2026
Effective date
8/13/2026
Total FMO financing
USD 69.00 MLN
Funding
FMO NV
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)
A