- Dec. 1, 2012: Vol. 6, Number 11

To read this full article you need to be subscribed to Institutional Real Estate Europe

Union Investment Launches Renewable Energy Fund


Union Investment has launched Specialised Investment Fund, which invests in wind farms and gains exposure to photovoltaic plants, primarily in France, Germany and the United Kingdom. The core fund has already raised 50 million during its first round of financing, enabling the fund to acquire the first wind projects in the pipeline and commence operations on schedule.

At the end of the approximately three-year investment phase, it is expected that the fund will be invested in more than 20 wind farms and in a number of solar parks as per the target allocation. The focus will be on onshore projects, generally large contiguous wind farms on dry land.

Total investment is expected to be around  1 billion. Approximately  300 million is earmarked from the equity capital managed by Union Investment. The rest will be contributed in the form of debt finance by the participating project companies, whic

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy