Omnes secures EUR800mn first close of Capenergie 5 fund

Paris-based private equity and infrastructure specialist, Omnes, had secured the first closing of Capenergie 5, its fifth-generation renewable energy fund, which has secured commitments of EUR800 million (US$863.12 million) out of a EUR1.35 billion (US$1.46 billion) target size.

Since 2006, Omnes has made over 60 investments in renewable energy companies across Europe, spread over 4 funds which have yielded best-in-class returns, deploying more than EUR2.5 billion (US$2.7 billion) and consistently applying the same investment thesis: investing in renewable energy developers to transform them into independent power producers. Capenergie 5 is following this same investment strategy.

Capenergie 5 has attracted both existing and new French and international investors. LPs include among others AG Insurance, AkademikerPension, Bpifrance, Caisses du Crédit Agricole, Golding, and Industriens Pension as well as other French and European insurance companies, pension funds, foundations, funds of funds, and family offices.