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 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 EV-charging solutions and electric fleets, including electric heavy goods vehicles (HGVs). These technologies will be installed directly on client premises to deliver tailored, on-site renewable-energy solutions, or connected directly to national grids. All inf
