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February 27, 2024
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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

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