Renewables

The investors call for the Australian Energy Market Commissioner to pay greater heed to quantitative analysis when making its decision.

The first close figure is the largest amount Omnes has ever raised for renewables, with its previous fund having closed on €245m.

Asterion Industrial Infra Fund I closed on its revised hard-cap and is already close to 60% invested.

The fund manager will focus on the Windlab acquisition before turning to fundraising for a new vehicle, the Sustainable Australia Real Assets Fund.

The firm booked a £66m write-down on its Australian renewable energy assets last year due to changes in marginal loss factors and halted new investment, but is now considering exiting the sector altogether.

The third instalment of the manager's Renewable Energy Income Partnership series sees it pair up with the National Grid UK Pension Scheme.

The creation of an infra-dedicated team is in response to infrastructure’s strong appeal, which made it the fastest-growing asset class in 2019, according to an internal memo.

Segmentation within the infrastructure asset class didn’t emerge in 2019 but it did take on new forms, one being specialist funds.

From resilience-focused strategies to portfolio emissions-reduction targets, 2019 was the year the industry took a more holistic approach to climate change.

The French fund manager will finance its portion of the €2.2bn acquisition through its recently closed European renewables fund and a co-investment vehicle created for this specific transaction.