Prime Green Energy Infrastructure Fund S.A.
The Prime Green Energy Infrastructure Fund invests in large scale wind-powered energy assets in the Nordic countries, with no reliance on government support and with the lowest levelized cost of electricity in Europe.
Our approach
The fund aims to secure assets in their late development stage and exploit their full return potential by employing a value-add strategy. This strategy includes the optimisation of permits, layouts and technology, together with full contract tendering whilst striking the optimal balance between long-term financing and merchant risk. The Fund has a cooperation understanding with Siemens Gamesa Renewable Energies S.A., a leading wind turbine manufacturer, to identify and secure attractive opportunities at an early stage, and collaborate in the technical optimization of the projects. The objective of the fund is to achieve 8-10% net of fees over the lifetime of the fund of 10 years.
Prime Green Energy Infrastructure Fund at a glance
- Investing in some of the most stable global economies, with a strongly growing demand for electricity and ambitious climate goals
- Geared to superior market returns compared to other renewable energy investments in Europe through a flexible value-add strategy
- Potential for large-scale investments and some of the best wind resources in Europe enhance return potential
- No reliance on government support
- Decreased merchant price risk due to the lowest levelized cost of electricity achievable in Europe
- Concentrated strategy suitable for investors with infrastructure and renewables experience
- The fund received a Second Party Opinion from Sustainalytics, a global leader in ESG research, ratings and analysis
- Team with excellent track record and one of the top 5 renewable investors in the Nordic countries to date
The Fund is a sustainability themed fund pursuant to article 9(3) of the EU Sustainable Finance Disclosure Regulation. It is working towards the SDG 7 (Sustainable Development Goals), “Affordable and Clean Energy”, contributing to the increased share of renewable energy in the production mix and making electricity more affordable by investing in regions with low levelized cost of producing electricity. Large scale wind-powered energy assets in the Nordic countries, the main focus of the fund, produce at some of the lowest levelized cost of electricity in Europe.
The attainment of the sustainable investment objective will be monitored through assessing the following main factors:
- amount of clean energy produced in each calendar quarter
- number of EU28 households supplied with green energy
- levelised cost of energy (LCOE) of the investment portfolio vs. EU28 average
- contributions to local budgets
- volume of CO2 emissions avoided.
Fonds Fakten
| Legal structure: | SICAV RAIF |
| Inception date: | June 2020 |
| Geographic focus: | Nordics |
| Fund currency: | EUR |
Documents
Fonds Teaser (please request directly)
Real Assets Management
Dr. Mathias Bimberg,
Head of Infrastructure
Contact
Bockenheimer Landstraße 51-53
60325 Frankfurt am Main
Germany
client_solutions@primecapital-ag.com
Fonds Fakten
| Legal structure: | SICAV RAIF |
| Inception date: | June 2020 |
| Geographic focus: | Nordics |
| Fund currency: | EUR |
Documents
Fonds Teaser (please request directly)
Real Assets Management
Dr. Mathias Bimberg,
Head of Infrastructure
Contact
Bockenheimer Landstraße 51-53
60325 Frankfurt am Main
Germany
client_solutions@primecapital-ag.com
Disclaimer
This summary does not constitute an offer to participate in any investment or a solicitation to subscribe for shares in any fund. Interests in any investment funds managed by Prime Capital AG or its affiliates will be offered and sold only pursuant to the prospectus (offering memorandum) relating to such funds to professional or accredited investors. An investment in any Prime Capital investment fund carries a high degree of risk and is not eligible to private/retail investors. No assurance can be given that the stated investment objectives will be achieved and the value of investments may fall as well as rise. Past performance is not a reliable indicator of future returns. The information contained in this document was obtained from sources considered to be reliable, but its accuracy and completeness is not guaranteed or otherwise warranted or represented by Prime Capital. Any historical performance included in this document may be based on back testing. Back testing is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance of such strategy would have been. Back tested performance is purely hypothetical and is provided in this document solely for informational purposes. Back tested data does not represent actual performance and should not be interpreted as an indication of actual or future performance. This material was prepared by Prime Capital AG and Prime Capital accepts no liability or loss arising from its use. This material is directed exclusively at persons who are experienced or existing investors in collective investment schemes, who are professional clients or are otherwise eligible to invest according to the applicable offering documentation. In particular, the information or documents herein are not intended for general distribution in the United States or for the account of U.S. persons (as defined in Regulation D under the United States Securities Act of 1933, as amended (the “Securities Act”)) except to persons who are “qualified purchasers” (as defined in the United States Investment Company Act of 1940, as amended (the “Company Act”) and “accredited investors” (as defined in Rule 501(a) under the Securities Act). This material is confidential, is intended only for the person to whom it has been provided and under no circumstance may a copy be shown, copied, transmitted, or otherwise given to any person other than the authorized recipient without the prior written consent of Prime Capital. This material relates to a planned offering being made available by Prime Capital and therefore all of the comments and information provided herein will be subject to the offering memorandum pertaining to that offering as established. The distribution of the information contained herein in certain jurisdictions may be restricted, and, accordingly, it is the responsibility of any prospective investor to satisfy itself as to compliance with relevant laws and regulations. This material is for information purposes, is intended for your use only and does not constitute an invitation, solicitation or offer to subscribe for or purchase or sell any of the products or services mentioned. The information provided is not intended to provide a sufficient basis on which to make an investment decision. The information contained herein is preliminary, is provided for discussion purposes only, is only a summary of key information, is not complete, and does not contain certain material information about the planned fund, including important conflicts disclosures and risk factors associated with any investment in that fund, and is subject to change without notice. There is no obligation to update, modify or amend this material or to otherwise notify a reader in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate. An investment in any Prime Capital product is speculative and entails substantial risks. This information is intended solely for the use of professional investors within the meaning of Annex II of the Directive 2014/6 5/EU ( MiFiD II). The distribution of shares in Switzerland will be exclusively made to, and directed at, qualified investors (the “Qualified Investors”), as defined in the Swiss Collective Investment Schemes Act of 23 June 2006, as amended (“CISA”) and its implementing ordinance. Accordingly, the Fund has not been and will not be registered with the Swiss Financial Market Supervisory Authority (FINMA).”
Source of Data: Prime Capital AG
