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.
Parkwind and its partners have completed the installation of final towers and turbines at the 257 MW Arcadis Ost 1 Offshore Wind farm in the German Baltic Sea.
Read moreGreencoat Renewables has agreed to acquire an additional 22.5% stake in the 288 MW Butendiek offshore wind farm in the German North Sea from an affiliate of Siemens Pension Trust.
Read moreRWE has chosen DeepOcean as the preferred supplier for subsea installation services in the Nordseecluster A offshore wind development.
Read moreMasdar has signed an agreement with Iberdrola to invest in the Baltic Eagle offshore wind project in the German Baltic Sea, off the island of Rügen, Germany.
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RWE Supply & Trading and Ocean Breeze Energy have entered into a long-term power purchase agreement for the clean energy produced from the 400 MW BARD Offshore 1 located at the German North Sea.
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