Downing has created a new investment vehicle for the U.K. charity the Human Capability Foundation (HCF) to invest into renewable-energy assets.
Downing said it will acquire and manage a renewable-energy portfolio for HCF that will benefit from long-term predictable revenue streams. The investment vehicle can also provide a regular and inflation-linked return that can be used to support HCF’s ongoing charitable purposes.
Downing has worked closely with HCF to tailor the mandate of this new investment vehicle, which will also have an inherent ESG component. These assets are expected to include operational core renewables in the United Kingdom that have long-standing track records and, in certain cases, receive government-backed and inflation-linked subsidies.
Throughout the past 12 years, Downing’s Energy and Infrastructure team has completed more than 175 renewable energy transactions and currently manages a portfolio valued at £785 million ($868 million). D
