Energy Infrastructure Partners achieves first closing of its energy transition infrastructure fund
Energy Infrastructure Partners (EIP), in collaboration with Credit Suisse Investment Foundation, has raised EUR1 billion ($1.06 billion) in investor commitments for the first close of its global energy transition infrastructure fund.
The global fund targets investments in developed economies around the world. It invests in three forms of system-critical energy infrastructure: assets that create carbon-free energy, power grids, and transmission networks, and grid-scale batteries and pumped storage power plants, which give flexibility to energy systems. The fund's final closing is scheduled for the end of 2024, with a total commitment goal of EUR4 billion (US$4.26 billion).
As of the first close, the fund's investors will participate in two major investments EIP completed earlier this year: a 30% stake in Boralex Inc., and a 25% stake in EIP shares with Crédit Agricole Assurances in Repsol Renovables.
Country updates
-
-
November 23, 2022
Final close for Swiss sustainable energy fund
The European Investment Bank (EIB) has announced the final close for the Solas Sustainable Energy Fund ICAV (SSEF), an EU-focused fund advised by Solas Capital AG, with investment commitments of EUR22...
Read more -
August 31, 2022
Swiss Life Asset Managers launched Fontavis ESG Renewable Infrastructure Fund II
Swiss Life Asset Managers has launched Fontavis ESG Renewable Infrastructure Fund II, its second international renewable energy fund. The Fund has a target size of EUR750 million (US$748.9...
Read more -
July 08, 2022
Developers commission 900 MW pumped storage power plant at the Vieux Emosson dam
Alpiq Group, the Swiss Federal Railways (SFR), Industrielle Werke Basel (IWB) and Forces Motrices Valaisannes (FMV), after fourteen years, have commissioned the 900 MW Nant de Drance pumped storage po...
Read more -
June 29, 2022
Axpo proposes 15 MW hydrogen project in Brugg
Axpo Holding AG has submitted the building permit application for a 15 MW facility in northern Switzerland that will produce green hydrogen and serve filling stations. About 2,000 tonnes of green hyd...
Read more -
June 27, 2022
Swiss municipalities grant approval for 63 MW wind projects in Vaud
The municipalities of Mauborget and Bullet have granted approval for the 63 MW Grandsonnaz onshore wind projects that will be located in the Jorat woods in the canton of Vaud in Switzerland....
Read more
