Arcano Partners raised EUR215m for its sustainable infrastructure fund
Arcano Asset Management, the asset management arm of Arcano Partners, has reached EUR215 million (US$233.14 million) in its fund of sustainable infrastructure.
The Arcano Earth Fund aims to reach EUR250 million (US$270.77 million) and has already committed more than 80% of its capital in 13 diversified investments in different geographies, sectors and underlying funds in its first year of life.
It is a fund of funds that invests in sustainable infrastructure in the United States and Europe, promoting sustainable criteria through investment in renewable energy projects, water infrastructure, transportation, and telecommunications.
Country updates
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February 17, 2020
EKZ begins construction of 49 MW Algibicos solar project in Torre-Pacheco
Following the acquisition in November 2019 from Aventron, Elektrizitätswerke des Kantons Zürich (EKZ) has started the development of the 49 MW solar PV project in Spain. Algibicos sola...
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February 14, 2020
Iberdrola and Orange sign PPA for 328 MW solar project in Spain
Iberdrola and telecom operator Orange have signed a long-term power purchase agreement (PPA) to support the development of a 328 MW Ceclavin solar PV project in the Spanish region Extremadura. ...
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February 13, 2020
Cantabria government supports the 151.2 MW wind farm of Biocantaber
The Government of Cantabria has extended its support for the planned construction of the 151.2 MW wind farm in the Sierra del Escudo mountains with its developer Biocantaber SL.&nb...
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February 12, 2020
Iberdrola divests stakes in Siemens Gamesa
Spanish power utility Iberdrola SA has divested its 8.07% stakes in the wind turbine maker Siemens Gamesa Renewable Energy to Siemens AG for a total consideration of EUR1.1 billion (US$...
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February 12, 2020
Falck Renewables completes 10 MW Carrecastro wind project in Tordesillas and Velilla
Falck Renewables S.p.A. has reached the commercial operation of the Carrecastro wind farm. The facility, located in Spain’s Castilla y León region, will bring clean energy to approximatel...
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