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Investors in the vehicle, which is targeting a €250m close by the year end, include French pension funds and the European Investment Bank.
A fifth vehicle, which could secure commitments of about €1bn, may follow before the end of the year.
The country’s renewables sector offers potential for above-average returns, but this high-growth story is not without risks. Megan Raynal, Australian infrastructure and renewables valuation specialist, reports
In 2018, the volume of corporate PPAs more than doubled compared with 2017. With strong demand and many investors chasing the same buyers, what at the risks involved for all parties?
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