Commerz Real Capital Management Co. has placed its first offshore wind energy fund, known as the Institutional Infrastructure Offshore Fund.
A number of institutional investors have committed more than €200 million ($224 million) to the Veja Mate Offshore Wind Farm in Germany through the special alternative investment fund in the form of a portfolio management closed-end investment company.
“Sustainable energy infrastructure is the key to attaining the climate protection goals,” noted Johannes Anschott, CEO of Commerz Real. “With products such as the Institutional Infrastructure Offshore Fund our institutional investors are making an active contribution with an optimum yield/risk ratio, which is why we intend to further expand the renewable energies division in the future.”
In February 2019, Commerz Real became the largest shareholder in an investment consortium for the Veja Mate wind farm, the second-largest offshore wind farm in Germany. The farm has
