The newly launched “Fontavis ESG Renewable Infrastructure Fund II” invests in unlisted clean energy and infrastructure assets and companies. The fund’s objective is to build a globally diversified portfolio of direct infrastructure energy investments and is open to qualified investors wanting to invest in a segment with attractive growth prospects. The targeted amount is EUR 750 million.
Swiss Life Asset Managers launched its second dedicated international renewable energy fund “Fontavis ESG Renewable Infrastructure Fund II”, the successor to the first international fund “Fontavis ESG Renewable Infrastructure Fund Europe”.
The newly launched fund compliments the previous clean energy funds. Making it the fourth renewable energy fund and the second fund which invests globally.
“Fontavis ESG Renewable Infrastructure Fund II” will continue the successful strategy of the predecessor fund and will focus on high-quality investments in the renewables and clean energy sector. Targeting investments in OECD countries, it aims to build a diversified portfolio with unlisted assets focused on energy generation from renewable sources such as wind, solar, hydro and biomass, as well as storage and renewable fuels. The fund is open to qualified investors and has a target size of EUR 750 million which the first close targeted in the fourth quarter 2022.
The fund will be advised by a dedicated renewables team which build on strong and long-term partnerships with project developers, energy companies, investors, public authorities, and other stakeholders to provide robust opportunities for investing its clients’ capital.
“We are proud of our strong track record and alignment of interest with our investors as we invest substantial amounts in the fund as well. The fund builds on the success of the predecessor fund while adapting to the everchanging market environments”, comments Christoph Gisler, Head Infrastructure Equity at Swiss Life Asset Managers.
“In line with our strategy we want to apply our deep know-how of the energy sector and invest in all fields of the energy transition. As such we contribute on behalf of our investors to make electricity generation, heat supply and mobility more sustainable”, says Marc Schürch, Head Renewable Energy at Swiss Life Asset Managers.
“Fontavis ESG Renewable Infrastructure Fund II” will be classified as an Art. 8 fund under the Sustainable Finance Disclosure Regulation (SFDR). Swiss Life Asset Managers is a member of GIIA (Global Infrastructure Investment Association), GRESB and is a signatory of the UNPRI.
About Swiss Life Asset Managers Infrastructure Equity
Established in 2011, the Swiss Life Asset Managers Infrastructure Equity platform manages over EUR 9bn in AUM for its clients and partners. The team consists of more than 50 investment specialists, with an average of 20 years industry experience across the senior level members. The platform has made over 60 infrastructure investments, across 8 funds, in both direct and fund opportunities across the Energy, Communications, Transportation, Regulated Utilities, Social Infrastructure and Renewable Energy sectors. Regarding the renewable energy sectors, the Infrastructure Equity Team has invested in a globally-diversified renewable energy portfolio of more than 5.0 GW.