Wednesday, February 8 2023 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Today's News
Yesterday's News
Week of Feb 06
Week of Jan 30
Week of Jan 23
Week of Jan 16
Week of Jan 09
By Topic
By News Partner
Gas News
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    Exus Management launches EUR-50m renewables fund


    November 22, 2022 - SeeNews Renewables

     

      November 22 (Renewables Now) - Madrid-based investor Exus Management Partners said on Tuesday that it has launched a standalone renewables investment fund to pursue the development and acquisition of wind and solar power assets in the Iberian Peninsula and other Western European markets.

      The investment manager expects to close the first round of fundraising at the end of 2022 and reach the closing target of EUR 50 million (USD 51.4m) in the first half of 2023.

      Exus Partners Energy Fund I (EPEF I) will spend 70% of the capital within the Iberian market and the remainder on “carefully selected opportunities” across Europe.

      The fund’s strategy will focus on a co-investment, low-risk, diversified approach to development and acquisition, keeping operational costs down and exploring improvements such as re-powering, or hybridisation, Exus said.

      Exus will be in charge of managing all assets that EPEF I acquires.

      (EUR 1.0 = USD 1.027)

    TOP

    Other Articles - International


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2023 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.