Schroders Capital’s infrastructure team in Asia has announced the first close of a China renewable-energy strategy following a $100 million anchor investment commitment from Apple.
The strategy targets renewable infrastructure investments in late-stage development and construction of wind and solar assets across China, aiming to deliver attractive risk-adjusted financial returns and green energy certificates (GECs) for clients. With the anchor investment from Apple, the strategy aims to add approximately an annual 550,000 megawatt-hours of new wind and solar energy generation to China’s electrical grid. This generation is expected to grow as additional clients invest in the strategy.
In addition to contributing to a cleaner power grid in China, the strategy will help advance Apple’s goals to achieve carbon neutrality across its entire carbon footprint by 2030, including its supply chain and product lifecycle.
This China renewable-energy strategy is modeled
