The Taaleri SolarWind II fund, the fifth renewable energy fund managed by Taaleri Energia Funds Management, held a second closing with approximately €275 million ($303 million) in commitments.
The investor base included the European Bank for Reconstruction and Development (EBRD), institutional and high-net-worth investors, the Taaleri Group, and the Taaleri Energia team.
EBRD will commit 10 percent at each closing, up to a maximum of €40 million ($44 million), via a newly established parallel fund, the Taaleri SolarWind II CEE fund. This parallel fund will invest alongside the main fund in investments in the Baltics, Poland and South-East Europe.
With a significant number of institutional investors currently in active due diligence, it is expected there will be continued strong demand in future closings. The Taaleri SolarWind II fund has a target size of €300 million ($330 million) and an agreed hard cap of €400 million ($441 million).
The Taaleri
