Kalliope Gourntis
The new firm will seek to raise $1.5bn to invest across a range of subsectors, including water treatment, waste management, decarbonisation ‘anything that leads towards a net-zero economy’ Astarte’s Siokos says.
With a tally that amounted to roughly 40% of 2021’s full-year total, Q1 will be a tough act to follow, setting high expectations for 2022.
‘It should be the first lever pulled in any carbon reduction efforts’ but continues to be overlooked by both the private and public sectors.
A number of macroeconomic factors have led the Australian infrastructure developer to enter the European market for the first time since its founding 18 years ago, says CIO Paul Crowe.
The energy transition may be fuelling inflation but it's also the driver behind emerging sub-sectors within the asset class, the firm's head of research, Gianluca Minella, explains.
The green investment specialist has tapped Iberdrola’s former managing director of offshore wind, Jonathan Cole, to serve as CEO of Corio Generation, which will be a standalone company.
The new fund will be closed-end and have a 25-year lifecycle, but will offer redemption options for those investors wishing to exit sooner, partners Daniel Pérez and Fabian Groene explain.
The move comes after the GP raised £243m for its sustainable energy fund, which it successfully floated on the LSE last February.
The roughly €200m the three financial investors have committed, alongside Technip Energies, will be used to construct e-fuel production facilities in Europe and North America.
While the country’s solar PV market has experienced slower growth in recent years, the Swiss firm expects that to change as Italy aims to reduce emissions 33% by 2030.