FP Lux launched USD 436 Million Energy Transition Fund

FP Investment Partners and re: cap global investors launched a EUR 400 million (USD 436 Million) fund concentrating on energy transition investments in OECD countries with a minimum of 70% of investments in the EU.

FP Investment Partners has expanded its investment options for institutional clients with the launch of the FP Lux Energy Transition Fund. This new fund builds upon the success of its predecessor, the RE Infrastructure Opportunities Fund, which closed in January. Like its predecessor, the FP Lux Energy Transition Fund will invest in a diversified portfolio of renewable energy projects across Europe, with a particular focus on solar and battery storage projects. In addition to solar and wind parks, the fund will also invest in battery storage and electric charging infrastructure. The investor base for this fund includes insurance companies, pension funds, utilities, and savings banks.