Big capital is getting bigger — and it’s still backing renewables.
Copenhagen Infrastructure Partners is reportedly raising €16bn (~$18.2bn) for its next renewables flagship — €4bn larger than the last fund. When the deepest pools of institutional money scale up their solar, wind and storage mandates, the bid for de-risked assets tightens across every market we watch.
What we’re tracking today:
Iberia: Portugal and Spain set daily solar generation records on Friday (~30 GWh and ~235 GWh) — and were the only European markets to dodge negative power prices last week. The midday capture-price squeeze is real, and storage is the answer.
West Africa: the African Development Bank became the first institutional shareholder in the ECOWAS Bank (EBID), with $30M equity plus a $70M line earmarked for renewables.
Distributed energy: IFC invested $10M in CrossBoundary Access for minigrids and batteries in Nigeria and Madagascar; D.light crossed $1bn in cumulative securitized solar financing.
The pattern holds: more capital, deeper storage, and value migrating toward grids that need flexibility. At Persimmon Investments, that’s the map we invest against.