SUSI Partners has reached the second closing for its SUSI Energy Transition Fund (SETF) adding EUR144 million (US$153.94 million) in investor commitments. The current total size of the fund is EUR441 million (US$471.4 million).
The second closing sees commitments from a group of institutional investors, including several German investors, a Dutch foundation, and a Swedish pension fund. Next closings are planned for 2022, with the aim to reach a target size of EUR1 billion (US$1.07 billion).
Since its first closing in 2020, the SUSI Energy Transition fund has developed five investment platforms covering energy transition infrastructures from renewable energy production to energy efficiency measures as well as behind-the-meter customer solutions. These platforms allow to partner with operators, cover a wider range of asset life cycles, and give access to high-quality investment opportunities.