The SUSI Energy Storage Fund (SESF) has reached a first closing of €66 million (US$70 million).
Energy Finance & Investment News in Switzerland
Switzerland-based companies EWZ and Fontavis have aquired 25% stake in the 203-MW Trianel Borkum II offshore wind farm in the North Sea.
The SUSI Renewable Energy Fund II (SUSI RE II) has reached final closing at €380 million (US$425.5 million).
The European Investment Bank (EIB) has signed a subscription agreement with Sustainable Sàrl, a subsidiary of SUSI Partners AG, putting into effect the EIB’s investment commitment of up to €62 million (US$68.7 million) in the SUSI Renewable Energy Fund II (SUSI RE II). The Investment is guaranteed under the European Fund for Strategic Investments.
SUSI Renewable Energy Fund II (SUSI RE II), advised by SUSI Partners AG, has plans to achieve final closure by the end of Q2, 2016.
Edmond de Rothschild Asset Management is looking to raise funds fot its second infrastructure debt fund, Benjamin de Rothschild Infrastructure Debt Generation, as part of its ongoing development of the BRIDGE platform.
The European Investment Bank has in its pipelinethe financing amount of €66 million for the SUSI Renewable Energy Fund II, which is a fund investing in renewable energy projects, mainly in Europe, promoted by SUSI Partners.
Quaero Capital an independent, specialist fund management firm has reached the first close of its European Infrastructure fund, with €50 million (US$53.8 million) of commitments.
The SUSI Renewable Energy Fund II has received commitments of €121 million (US$137.7 million), in line with the planned fundraising schedule.
Trans Adriatic Pipeline AG (TAP) has further strengthened its project management team, appointing Gunnar Walter as Chief Financial Officer, effective 1 August 2015. The position is located at TAP’s headquarter offices in Baar, Switzerland.