Siqalane Taho
EDIF III has smashed its €3.5bn target by about 43% to reach its hard-cap, as Igneo prepares to launch EDIF IV.
The sector has been hit by a perfect storm of negative pricing, high financing costs, fading subsidies and an end to easy profits.
The fund resurrects a strategy the manager last employed in the 2000s, with the aim of reaching first close by year's end.
The manager’s value-add fund is poised to hit its revised €750m target but its renewables vehicle has seen slowed demand.
The manager has raised two-thirds of its goal, with final close expected by the end of Q1 2026.
CEIS 3 is poised to be the largest closed-end Swiss infra fund ever raised when it reaches its final close at the end October.
REDI HR 3 has matched the €700m initial target of its predecessor, with a final close expected by the end of 2026.