Cube Infrastructure Managers (Cube) has held the final close of the Cube Infrastructure Fund III (Cube III) with total fund commitments of EUR1.35 billion (US$1.45 billion) and additional co-investment commitments of approximately EUR150 million (US$161 million).
Cube III is set to pursue consistent yield and substantial long-term capital growth by directing investments into established infrastructure projects in Europe. This fund has effectively garnered support from a diverse global investor community, encompassing both existing stakeholders and new institutional investors hailing from North America, Europe, Asia, and the Middle East.
The fund made its first investment in October 2021 and has since invested approximately EUR700 million (US$752.30 million) in 11 assets. Current portfolio companies include: energy transition companies ENETIQA, Norsk Vannkraft and GRECO; datacenter operators firstcolo and GleSYS; waste management companies Sepur and RiverRidge; transport logistics platforms Dispam and Müller Transporte; and EV charging network operators Kople and Stations-e. Cube III has also recently signed an agreement to acquire Urbaser Nordic, a leading waste collection platform in Scandinavia.
Europe’s leading National Promotional Banks and European Investment Bank announced the launching of Marguerite II, a pan-European infrastructure fund with total commitments in excess of €700 million (US$ 832,29 million); ensuring continued support to key infrastructure investments in renewables, energy, transport and digital infrastructure by the Marguerite platform.
Read moreConquest has completed an initial close for its renewable power fund (Conquest Renewable Yield Europe), with €115 million (US$124 million) as a result from solicitations and commitments from European institutional investors, including insurance companies, pension funds, banks, and global energy corporates.
Read moreConquest has launched its renewable power fund, Conquest Renewable Yield Europe, dedicated to acquiring and managing renewable power generation real assets.
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