Kalliope Gourntis
The move comes after the GP raised £243m for its sustainable energy fund, which it successfully floated on the LSE last February.
The roughly €200m the three financial investors have committed, alongside Technip Energies, will be used to construct e-fuel production facilities in Europe and North America.
While the country’s solar PV market has experienced slower growth in recent years, the Swiss firm expects that to change as Italy aims to reduce emissions 33% by 2030.
Third-party investors buying GP stakes is a fairly new phenomenon in infrastructure, and it is picking up steam. But what does it mean for LPs and competition?
The renewables-focused asset manager has already secured €320m in seed capital from a group of investors, including a Danish pension fund and a Singapore-based financial services company.
Take a look at this year's report to see which LPs made the largest commitments in 2021 and which GPs were on the receiving end of these, as well as other insights into investor activity.
The final close comes shortly after the UK-based solar specialist sold its NPII portfolio, generating a net IRR of more than 25%.
The world might not be back to normal but fundraising certainly is with 2021 exceeding 2019 figures.
The digital infra investment firm has already deployed roughly 60% of Fund II and is considering adding new offerings with teams exploring credit, core-plus, growth and venture opportunities.
The German asset manager expects approval timelines for renewable projects to shorten as Germany seeks to generate 80% of power from green sources by 2030.