Aviva Investors has partnered with Astatine, an Irish energy infrastructure specialist, to establish a new industrial energy-transition platform targeting €800 million ($929 million) of investment and aimed at supporting emission reductions in some of Europe’s most energy-intensive industries and hard-to-abate sectors.
The new platform will focus on energy-infrastructure projects in the power, heat and transport sectors, assisting with early-stage development, full-asset delivery and the subsequent operation of the assets. This will include acquiring, constructing and operating solar photovoltaic (PV), battery energy storage systems (BESS), substations, industrial heat pumps and heat recovery systems, industrial electric vehicle charging solutions and electric fleets, including electric heavy goods vehicles. These technologies will be installed directly on client premises to deliver tailored, on-site renewable-energy solutions, or connected directly to national grids. All
