Former Ørsted CCO Joins Copenhagen Infrastructure Partners
Former Ørsted’s Chief Commercial Officer (CCO) and Deputy Group CEO Martin Neubert will join Copenhagen Infrastructure Partners (CIP) as Partner, Group Chief Investment Officer (CIO), and member of the CIP management board.
Martin Neubert left Ørsted in October last year as the company decided to implement a new organisational structure and changes to executive management in an effort to continue to drive growth under increasingly different local market requirements.
Neubert will be responsible for developing the CIO area to ensure quality, consistency, and governance for CIP’s overall and rapidly growing investment portfolio across funds, geographies, and technologies.
Furthermore, he will work with strategic, long-term market development across new and existing fund strategies, as well as leveraging his extensive experience with offshore wind development.
“After careful considerations I have chosen to join CIP as the next right step for me. It is a very interesting and challenging new role where I can leverage and combine both my industrial and investment experiences and skills from more than 20 years within energy and private equity,” said Neubert.
“The new executive role as Group CIO pans across the entire investment portfolio of CIP and entails important operational, strategic and leadership challenges and responsibilities to ensure the further scaling of the business.”
Establishing the function of a Group CIO at CIP is the natural next step in the scaling of the company in response to several years of portfolio growth, the investor said.
Martin Neubert will join CIP no later than July 2023.
CIP has raised more than EUR 19 billion in the past decade with a target of having EUR 100 billion under management by 2030.
The group is currently preparing the organisation for the effort of raising and implementing the next flagship fund, CI V.
Last month, a spokesperson for CIP confirmed to offshore WIND that the company plans to invest EUR 8 billion in a multi-gigawatt offshore wind project in Portugal.
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