64.06 F
London
July 23, 2024
PI Global Investments
Infrastructure

Schroders Greencoat launches new green energy transition infrastructure fund


Schroders Greencoat has launched a “semi-liquid” energy transition infrastructure fund targeted at backing green energy projects around the world, it announced yesterday.

The Article 9 fund is targeted at investing in illiquid infrastructure assets, with a focus on renewable energy investments, which Schroders described as the “backbone of the energy transition”.

The Schroders Capital Semi-Liquid Energy Transition fund is expected to invest in large scale wind farms and solar parks, in addition to other infrastructure that supports the energy transition, such as clean hydrogen, battery storage, district heating, charging infrastructure, power grids and carbon capture and storage projects, it said.

Schroders Greencoat – the specialist renewables and energy transition infrastructure manager of Schroders Capital – said the fund would strategically deploy capital across diverse technologies and project stages globally, with a specific focus on the US and Europe. It aims to provide risk-adjusted returns with a gross return target greater than 10, it added.

Duncan Hale, portfolio manager at Schroders Greencoat, said: “The energy transition represents one of the largest and most relevant investment themes impacting clients’ portfolios and, as a result, it is an exciting and attractive time to be accessing these types of investments.

“This fund highlights our commitment to expanding access to private assets and generating positive returns for our clients through directly allocating to energy transition infrastructure.”

The fund is part of the firm’s expanding semi-liquid portfolio range, which seeks to combine both private assets and energy transition investment solutions exposure.

A version of this article originally appeared at Investment Week

Keep up to date with all the latest green business news by signing up to the free Daily and Weekly BusinessGreen Newsletters.



Source link

Related posts

Pelham city leaders are focusing on improving infrastructure for citizens

D.William

Charter Hall Social Infrastructure reports steady H1 results

D.William

PBOC Added $70 Billion Cheap Credit in 2023 to Fund Housing, Infrastructure

D.William

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.