Zak Bentley
The vehicle - which has invested in Europe, the US and Australia - has garnered over €400m to date but is still open to further fundraising.
Shane Swords will lead efforts to source institutional capital, as the group drives forward its electric vehicle infra plans.
The sales process for the firm’s solar portfolio in Canada is thought to be under way.
The fund’s predecessor is now 95 percent divested, while the new fund has made investments in Germany, France and Norway.
The fund has been seeded with a stake in a 185MW portfolio, with future India-focused vehicle launches under consideration.
Swiss Life and Semperian PPP have also joined the ticket to buy Cory Riverside, planning a new solar, waste, storage and heating plant in London.
A US-based fund of funds has picked up 25% of the €547m vehicle, which closed in 2008.
The vehicle raised more than €500m beyond the hard-cap in its latest round, with a third series in the offing.
The new vehicle has been split into two sub-funds, with one reserved for those targeting higher returns.
A UK parliamentary report reveals some of the country’s top pension funds remain ‘worryingly complacent’ on climate change issues. They are in danger of being left behind.