Brunel Pension Partnership commits to Greencoat fund

The British pension pool has backed an unlisted renewables vehicle.

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Institution: Brunel Pension Partnership
Headquarters: Bristol, United States
AUM: £30.00bn
Bitesize: £10-50m

Brunel Pension Partnership has confirmed a commitment to Greencoat Capital’s Europe-focused Renewable Income fund, according to a press release on the pension pool’s website. The vehicle has raised £277 million so far from Brunel and fellow investor SAUL. How the capital raised is split between the investors is unknown.

As illustrated below, the £30 billion Brunel Pension Partnership has committed to three infrastructure vehicles on behalf of its eight member funds since inception.

Previous commitments to NTR Renewable Energy Income Fund II and Mirova Core Infrastructure Fund II indicate a particular appetite for pan-Europe infrastructure investments.

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