Europe’s leading National Promotional Banks and European Investment Bank announced the launching of Marguerite II, a pan-European infrastructure fund with total commitments in excess of €700 million (US$ 832,29 million); ensuring continued support to key infrastructure investments in renewables, energy, transport and digital infrastructure by the Marguerite platform.
Energy Finance & Investment News in Luxembourg
Conquest has completed an initial close for its renewable power fund (Conquest Renewable Yield Europe), with €115 million (US$124 million) as a result from solicitations and commitments from European institutional investors, including insurance companies, pension funds, banks, and global energy corporates.
Conquest has launched its renewable power fund, Conquest Renewable Yield Europe, dedicated to acquiring and managing renewable power generation real assets.
UBS Asset Management’s Infrastructure and Private Equity business has announced the final close of its inaugural infrastructure debt fund, Archmore Infrastructure Debt Platform, which has raised €570 million (US$640 million).
Cube Infrastructure Managers has announced the first closing of Cube Infrastructure Fund II (Cube II), securing a total of €358.5 million (US$400.6 million) in capital commitments.
Luxcara, a firm that manages €2 billion (US$2.2 million) in renewable energy assets, has launched its third renewable energy fund.
Quercus Assets Selection has announced plans to launch two new renewable energy infrastructure funds, bringing the total number of funds in its portfolio to five.
On 1st October, the European Investment Bank (EIB) increased the 0.500% Climate Awareness Bond (CAB) 11/2023 by EUR 400 million to bring the total amount outstanding to EUR 1 billion.