SUSI Partners mandated for second renewable energy infrastructure fund

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
SUSI Partners mandated for second renewable energy infrastructure fund

Building on the successful strategy of SUSI’s first Renewable Energy Fund the successor fund invests in a geographically diversified portfolio of operational and fully permitted solar and wind power plants across Europe.

The SUSI Renewable Energy Fund II caters to institutional investors with a target return of 6-7% (net IRR) and regular annual distributions, and has a fund duration of 10 years with a defensive exit strategy.

Compared to the predecessor fund, Power Purchase Agreements will be negotiated more extensively. This together with the lower feed-in tariffs for new projects reduces regulatory risks significantly. Besides direct equity investment via the SICAV-SIF fund structure of Sustainable Sàrl (LUX) a securitization option is also being offered, which allows investors to book the fund in their fixed income quota.

The experienced SUSI investment professionals, already having acquired twelve project portfolios across five European countries for the first SUSI Renewable Energy Fund (IRR of the portfolio >8%), have managed to secure exclusivity on the initial project pipeline for the new fund, a portfolio of five large solar PV installations in France.

Dr. Tobias Reichmuth, CEO of SUSI Partners:

We have been able to establish strategic partnerships with project developers and energy companies in various European markets. This allows us to acquire attractive projects for our second fund which are not appearing on the market.

The fund, with a capacity of €300-400 million, has already been subscribed by investors of the first SUSI Renewable Energy Fund. The fundraising period will last until mid 2015.

List of country news

Country news

  • October 10, 2014

    EIB considers financing for German offshore wind farm

    The European Investment Bank (EIB) is currently considering financing the construction of the 111MW Nordergründe offshore wind farm in coastal waters of the North Sea in Germany. Read more
  • October 14, 2014

    EIB considers debt for Sandbank offshore wind farm

    The European Investment Bank (EIB) is considering financing €500 million debt for the offshore wind project Sandbank located approx. 90 km west of the island of Sylt in the German sector of the North Sea. Read more
  • October 15, 2014

    Norway approves subsea cable interconnectors

    Norwegian Ministry of Petroleum and Energy has granted Statnett licences to construct interconnectors to Germany and the UK. Read more
  • October 20, 2014

    MVV Energie to acquire a 51 % stake in juwi

    MVV Energie intends to acquire a 50.1 % stake in Juwi AG, the German renewable energies market leader. The transaction is conditional on successful implementation of financing, as well as on approval by the Federal Cartel Office. Read more
  • October 24, 2014

    First State's EDIF acquires grid network in Germany from E.ON and VNG

    The First State European Diversified Infrastructure Fund (EDIF) managed by First State Investments, the asset management arm of the Commonwealth Bank of Australia, has acquired 100% of Erdgasversorgungsgesellschaft Thüringen-Sachsen mbH (EVG) from E.ON and VNG – Verbundnetz Gas Aktiengesellschaft (VNG) in Germany. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.