Temporis launches US$170M equity fund
Temporis Investment Management Limited (Temporis) today achieves the first close of its renewable energy development platform, the Temporis Aurora Limited Partnership (the Fund).
The Fund aims to support the development of over 1,000 MW of pre-construction renewable energy projects and associated enabling energy storage infrastructure in Ireland over its 12-year life. It will achieve this objective by working closely with developers, local communities, green energy buyers and strategic partners to the Fund.
The Ireland Strategic Investment Fund (ISIF), Allied Irish Banks plc (AIB) and Encavis AG have committed to the first close with ISIF conditionally committed to increase its investment in the Fund at subsequent closings. The Fund has a target commitment size of EUR100 million (US$110.3 million) and a maximum commitment size of EUR150 million (US$165.443 million).
Country updates
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November 12, 2018
Aviva Investors closes acquisition of Hooton EfW
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November 07, 2018
UK energy authority grants licence for Dudgeon offshore wind farm transmission link
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