Spanish insurance group MAPFRE has launched its first renewables fund – MAPFRE Energías Renovables I FCR – further leveraging the ongoing strategic alliance with Spanish energy company Iberdrola towards creating sustainable investment products.
Dominic Garcia has joined CBRE Global Investors as Chief Pension Investment Strategist. This is a new role focused on developing solutions for pension funds looking to expand their investments in infrastructure.
Dogger Bank Wind Farm and GE Renewable Energy have finalised contracts for the supply of turbines and a five-year service and warranty agreement for Dogger Bank C, confirming a total of 87 units of the 14MW Haliade-X turbine for the third and final phase of the world’s largest offshore wind farm.
Manulife Investment Management has appointed Christoph Schumacher as global head of real assets, private markets.
Elston has launched a Liquid Real Assets Index for UK investors looking for strategies that provide inflation protection.
Octopus Renewables, the specialist clean energy investor arm of Octopus Group, has announced the acquisition of two operational UK biomass power plants, with a combined capacity of 85.7MW, from a joint venture by Copenhagen Infrastructure Partners (CIP) and Burmeister & Wain Scandinavian Contractor (BWSC), in one of the largest deals of its kind in the UK.
Morrison & Co has appointed Gary Sugarman, Principal of Richfield Associates Inc, to drive its infrastructure investment activities in the digital sector.
Prestige Funds, a UK-based specialist private debt investment manager, has launched the ‘Premium Alziraea Fund’, a Shariah-compliant real assets and project financing fund targeted at the renewables and agriculture sector in the UK.
Sennen has announced the technical build of its new Project Acquisition module to expand and complement its infrastructure management platform. The new module is a CRM system specifically designed for energy/infrastructure investment teams.
Appetite for renewable energy infrastructure has been extremely strong, buoyed by ESG agendas as well as broader demand for infrastructure as an asset class.