Final close achieved for Prime Green Energy Infrastructure Fund
Prime Capital has reached the final close for its sustainable Prime Green Energy Infrastructure Fund (PGEIF) with EUR586 million (US$662.37 million) exceeding the target volume of EUR500 million (US$563 million).
Launched in 2020, the fund intends to focus on wind-powered energy assets in the Nordic countries. In addition to the wind, the fund will also implement related themes, in particular the production of green hydrogen and other carbon-neutral energy sources.
Prime Capital has already commenced the construction works for the first three large-scale projects secured for the fund, with a total capacity of 816 MW.
Country updates
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January 26, 2022
GP JOULE sells 90 MW Klettwitz Nord solar project in Brandenburg
GP JOULE GmbH and its partners are selling its 90 MW solar photovoltaic project in the state of Brandenburg to Wiesbaden-based independent power producer clearvise AG. Klettwitz Nord...
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January 21, 2022
Dutch regulators permit the development of 1.4 GW NeuConnect interconnection project
Dutch authority has awarded a permit for the offshore works of the NeuConnect energy link between the UK and Germany. The NeuConnect interconnector will see over 700 km of subsea cables, forming...
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January 20, 2022
Berenberg launches fourth renewable energy debt fund
Berenberg, a private investment bank, together with BayernInvest Luxembourg S.A. as an alternative investment fund manager, has launched its fourth renewable energy fund, Berenberg Renewable...
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January 13, 2022
Financial close for 171 MWp solar PV project in Germany
Luxcara and UmweltBank AG have achieved financial close for the 171 MWp independent solar PV project in Germany.
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January 13, 2022
Luxcara secures financing for 171 MWp Tramm-Göthen solar project in Western Pomerania
Asset manager Luxcara and UmweltBank have achieved financial close on the under-construction 171 MW Tramm-Gothen solar farm in Germany. Tramm-Gothen is located in the municipalities of Tramm and Lewi...
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