Octopus Energy Group’s fund management arm, Octopus Energy Generation, has launched a fund for pension schemes and private wealth investors investing in the global energy transition.
The CG Octopus Energy Sustainable Growth Fund I (Astris) provides access to more than 50 renewable-energy projects in 15 countries, including wind, solar and large-scale battery projects. Astris launched with a £165 million ($218 million) cornerstone investment, and Carne Group will be responsible for overseeing the fund’s governance.
Unlike most traditional private market funds, Astris gives investors monthly access to the fund alongside some of the world’s largest institutional investors. Awarded the FCA’s new “Sustainable Focus” label, the fund meets the highest standards for green investing.
“For too long, pension schemes and private wealth [investors] have had limited investment opportunities in private markets due to a lack of innovative solutions,” said Matt