Copenhagen Infrastructure Partners’ Green Credit Fund (CI GCF I) was part of a global lending consortium providing $210m financing to Aymium for the construction of an advanced biocarbon production facility in Williams, California.
The facility will be the first in the world to support large-scale coal replacement in power generation with renewable biocarbon, according to a LinkedIn post.
Jakob Groot, Partner at CIP and co-head of its Green Credit Fund, said, “We are proud to be part of this experienced lending consortium that is supporting Aymium in financing the construction of the Williams project and Hokuriku Electric Power Company in their continued decarbonization efforts. This financing represents an attractive opportunity for us and our investors.”
CI GCF provided senior debt jointly with ECP (Energy Capital Partners).
