Energy Infrastructure Partners announces research cooperation with ETH Zurich

  • Energy Infrastructure Partners and ETH Zurich will collaborate to rethink Switzerland’s energy future through data-backed research
  • The project will synthesize ETH Zurich’s Nexus-e modeling platform technology with EIP’s specialist expertise

ZURICH, December 20, 2022 — Energy Infrastructure Partners and the ETH Zurich Energy Science Center have signed a research collaboration. Over the coming months, EIP and ETH Zurich will develop a set of scenarios and assess their impact on the future of Switzerland’s electricity system, including prices, volatility and the need for generation capacity.

The current year has been historic for the energy markets, upending many former paradigms and raising questions about security of supply in Europe and Switzerland. Through their analysis, EIP and ETH Zurich aim to provide decision makers with fresh perspectives. The collaboration will develop data-backed insights to illustrate pathways into a sustainable and secure energy future, while identifying potential risks and opportunities to the Swiss and European energy systems.

“We’re excited to be working closely with the experts at ETH Zurich on this project. We expect the results of our collaboration to support the EIP team to better understand Switzerland’s energy future, as well as to provide asset-specific impacts and opportunities arising from potential scenarios,” commented Roland Dörig, EIP’s co-founder and managing partner.

The project will involve two main stages, the first of which will be used to establish, develop and discuss proposed electricity system scenarios; the second stage will assess the impacts of the previously-defined scenarios, with a particular focus on hourly and seasonal volatility and the consequential revenue effects for operators.

About Energy Infrastructure Partners AG 

Energy Infrastructure Partners AG is a Switzerland-based manager of collective assets focused on long-term equity investments in high-quality, large-scale renewables and system-critical energy infrastructure assets. Our strategy and investment horizon align with the lifetime of the underlying assets and generate visible cash flows. With over CHF 5 billion under management, EIP leverages an extensive industry network, broad transaction experience and partnerships with leading energy companies and the public sector to develop and manage investment solutions for institutional investors globally. EIP’s investor base includes pension funds, insurance companies and large family offices, who are increasingly interested in contributing to security of the energy supply as a pathway to create positive economic, ecological and social developments, and whose long-term funding needs closely match the energy infrastructure asset class.

Media contact

[email protected]

With funding of EUR 1bn, Energy Infrastructure Partners holds first close of its energy transition infrastructure fund

  • Considering strong deal-making momentum and demand from Swiss pension funds, EIP expands focus to global institutional investors and targets EUR 4bn for fund’s final close
  • The first close focused on Swiss pension funds who contributed more than EUR 700m through the Credit Suisse Investment Foundation’s investment group “CSA Energy-Transition Infrastructure”
  • EIP closed two landmark transactions in the first leg of fundraising. Fund’s seed assets include leading French renewables platform Boralex and Repsol’s global renewable energy arm; investment in Fluxys’s global energy transmission network awaits closing

ZURICH, December 13, 2022 — Energy Infrastructure Partners, one of the world’s leading infrastructure investors focused on the energy transition, successfully raised investor commitments of EUR 1bn in collaboration with Credit Suisse Investment Foundation for the first close of its global energy transition infrastructure fund.

Following previous strategies focused on energy transition assets in Switzerland and Europe, EIP’s global fund targets investments in developed economies worldwide. Its investment strategy focuses on three types of system-critical energy infrastructure where its expertise comes into play: assets that generate carbon-free energy; assets that transport energy, like power grids and transmission networks; and assets that store energy, like grid-scale batteries and pumped storage power plants, thus adding flexibility to energy systems.

By creating a diversified portfolio spanning these subsectors, the fund seeks to offer investors attractive risk-adjusted returns and visible cash yield while decarbonizing the energy sector and strengthening the security of supply in every market where it invests.

Historic opportunity to invest in the energy transition

“From households paying higher energy bills to central bankers fighting inflation, our sector is at the top of everyone’s mind right now,” said Roland Dörig, EIP’s co-founder and managing partner. “The need for investments in energy infrastructure globally has rarely been so obvious. As specialists focused exclusively on the energy infrastructure, we offer our investors know-how accumulated across more than 50 infrastructure investments and, among our senior leadership, more than 3 centuries of combined industry experience.”

As with the predecessor funds, EIP will continue to execute its investment mandate alongside strategic industrial partners, including leading global blue-chip energy companies like Repsol S.A., RWE and Iberdrola S.A.

Throughout the first close EIP concentrated on serving the Swiss pension market in close collaboration with the Credit Suisse Investment Foundation. Many Swiss pensions funds are now investing in an EIP-managed portfolio for the second or third time.

Energy infrastructure as an asset class, strong global dealmaking momentum

“The strong demand from our longstanding Swiss client base – especially amid several choppy quarters in public markets and central banks’ movement away from a low-rate environment – is a strong vote of confidence in EIP and energy infrastructure,” said Beat Goetz, EIP’s head of global client solutions. “Considering the unique qualities of system-critical energy infrastructure, this space is seen more and more as its own asset class.”

As of the first close, the fund’s investors will participate in two major investments EIP completed earlier this year: A 30% stake in Boralex Inc.’s French renewables platform, one of the country’s largest renewables platforms with more than 1 gigawatt of installed generation capacity; and the 25% stake EIP shares with Crédit Agricole Assurances in Repsol’s global renewable energy unit Repsol Renovables, with more than 1.6 gigawatts of installed capacity globally.

Both investments come with ambitious growth plans to expand the operating asset base – by 2030 Boralex’s capacity should increase by 3x, Repsol’s by 10x – and expand into new geographies in both Europe and the Americas.

EIP has also reached an exclusive agreement to take a 19.85% stake in Fluxys, a global operator of system-critical energy transmission infrastructure. The group’s portfolio includes liquefied natural gas terminals, gas storage facilities and a network of gas pipelines that serves Europe’s largest markets and provides important arteries between the continent and the rest of the world.

Given the size of the deal pipeline and global investor appetite, EIP is accelerating its fundraising efforts for a second close while expanding its focus beyond Switzerland. Targeting EUR 4bn in total commitment, the fund’s final close is planned for the end of 2024.

Inside the portfolio: Repsol Renovables

Inside the portfolio: Boralex France

About Energy Infrastructure Partners AG 

Energy Infrastructure Partners AG is a Switzerland-based manager of collective assets focused on long-term equity investments in high-quality, large-scale renewables and system-critical energy infrastructure assets. Our strategy and investment horizon align with the lifetime of the underlying assets and generate stable, visible cash flows. With over CHF 5 billion under management, EIP leverages an extensive industry network, broad transaction experience and partnerships with leading energy companies and the public sector to develop and manage investment solutions for institutional investors globally. EIP’s investor base includes pension funds, insurance companies and large family offices, who are increasingly interested in contributing to security of the energy supply as a pathway to create positive economic, ecological and social developments, and whose long-term funding needs closely match the energy infrastructure asset class.

Media contact

[email protected]

Managing partners acquire Credit Suisse’s remaining stake in Energy Infrastructure Partners

  • Energy Infrastructure Partners AG co-founders and managing partners acquire Credit Suisse AG’s 30% stake in EIP, strengthening independence amid global expansion
  • Credit Suisse remains an important partner for raising and managing client capital in the Swiss market

ZURICH, October 21, 2022 — Energy Infrastructure Partners’ managing partners have acquired Credit Suisse AG’s 30% stake in Energy Infrastructure Partners AG, or EIP.

The increase in management control comes as EIP, a leading infrastructure investor focused on the energy transition, continues to grow and expand globally. EIP began in 2014 as a joint venture with Credit Suisse and since 2020 has earned licenses to operate independently as an asset and fund manager in Switzerland and Luxembourg. More recently the company has expanded its investment activity and client offering globally.

Consolidating EIP’s shareholder group around its co-founders and managing partners further strengthens the company’s independence and reinforces its foundation amid this global expansion.

Continued partnership amid global expansion

Following the transaction, Credit Suisse will remain an important partner for EIP through bespoke vehicles serving Swiss pension funds. The transaction will neither affect EIP’s ongoing investment or asset management activity nor existing vehicles.

“Increasing our stake in the business underlines our firm belief in EIP’s team, culture and strategy as well as our strong commitment to our clients,” said Dr. Dominik Bollier, EIP’s co-founder and managing partner.

“This strategic step enables EIP to pursue our ambitious growth plans in times of strong demand for energy infrastructure, which has become more important than ever in today’s world,” added Roland Dörig, EIP’s co-founder and managing partner.

About Energy Infrastructure Partners AG 

Energy Infrastructure Partners AG is a Switzerland-based manager of collective assets focused on long-term equity investments in high-quality, large-scale renewables and system-critical energy infrastructure assets. Our strategy and investment horizon align with the lifetime of the underlying assets and generate visible cash flows. With over CHF 5 billion under management, EIP leverages an extensive industry network, broad transaction experience and partnerships with leading energy companies and the public sector to develop and manage investment solutions for institutional investors globally. EIP’s investor base includes pension funds, insurance companies and large family offices, who are increasingly interested in contributing to security of the energy supply as a pathway to create positive economic, ecological and social developments, and whose long-term funding needs closely match the energy infrastructure asset class.

Media contact

[email protected]

EIP to invest in second German offshore wind farm, Iberdrola’s Wikinger

  • Energy Infrastructure Partners reaches agreement to acquire 49% stake in Iberdrola offshore wind farm with 350 megawatts of capacity in the Baltic Sea
  • Agreement builds on EIP expertise in offshore wind and further increases access to Germany’s highly attractive feed-in tariff regime across client portfolios


ZURICH, September 14, 2022
— Energy Infrastructure Partners, a leading infrastructure investor focused on the global energy transition, has reached an agreement on behalf of its clients to take a 49% stake in Iberdrola S.A.’s Wikinger offshore wind farm.

Wikinger operates under Germany’s feed-in tariff regime, which the country launched to spur clean energy investments and has since closed to new projects. The scheme offers a guaranteed price for all electricity produced by the Wikinger wind farm through 2037.

Unlike other fixed-price offtake arrangements, the wind farm and other assets in the scheme can sell the power they produce at market prices whenever they exceed the tariff.

Partnership with global leader in the renewable energy movement

Iberdrola entered the German market by building Wikinger, which began operations in 2018. Germany has since become a focus market for the Spanish multinational, which has built more than two decades of experience in renewable energy and is on track to amass 60 gigawatts of installed carbon-free generation capacity globally by 2025. Iberdrola will remain Wikinger’s majority shareholder and continue providing operation and maintenance services.

“Opportunities to join global leaders like Iberdrola as investment partners in a wind farm of this caliber – and with access to one of the most attractive regulatory schemes in the world – do not come around that often,” said Roland Dörig, EIP’s co-founder and managing partner. “It’s an especially proud day for our investors and another important moment in our growth story.”

Leveraging expertise in offshore wind

“It’s an honor to partner with Iberdrola, a pioneer and undisputed leader in the offshore wind industry,” said Peter Schümers, EIP’s co-head of Investments. “Adding a second offshore wind farm in the Baltic Sea allows us to continue leveraging our expertise with this technology while enhancing diversification across our clients’ portfolios.”

Since it entered operation, Wikinger’s 70 turbines have contributed 350 megawatts in capacity of carbon-free electricity to Germany’s green energy ambitions, enough to power about 350,000 German homes, according to an Iberdrola analysis.

EIP manages a stake in the adjacent Arkona wind farm with 378 megawatts of capacity in partnership with RWE AG following a 2020 investment.

About Energy Infrastructure Partners AG 

Energy Infrastructure Partners AG is a Switzerland-based manager of collective assets focused on long-term equity investments in high-quality, large-scale renewables and system-critical energy infrastructure assets. Our strategy and investment horizon align with the lifetime of the underlying assets and generate visible cash flows. With over CHF 5 billion under management, EIP leverages an extensive industry network, broad transaction experience and partnerships with leading energy companies and the public sector to develop and manage investment solutions for institutional investors globally. EIP’s investor base includes pension funds, insurance companies and large family offices, who are increasingly interested in contributing to security of the energy supply as a pathway to create positive economic, ecological and social developments, and whose long-term funding needs closely match the energy infrastructure asset class.

Media contact

[email protected]

Energy Infrastructure Partners receives AIFM license, expands client offering

Luxembourg, July 22, 2022 – Energy Infrastructure Partners has secured authorization from Luxembourg’s financial supervisor to operate as an Alternative Investment Fund Manager, the latest step in strategic growth in investments supporting the conversion and expansion of the global energy system.

The Commission de Surveillance du Secteur Financier (CSSF), which is responsible for supervising Luxembourg’s financial sector, has granted Energy Infrastructure Partners’ Luxembourg subsidiary a license as an Alternative Investment Fund Manager (AIFM) following an intensive application process.

Starting now Energy Infrastructure Partners will be able to manage and market alternative investment funds (AIF) in Luxembourg under its own license. The associated cross-border passporting rights will in turn enable the manager to market and distribute its own products across the European Union. Energy Infrastructure Partners will thereby streamline its European activities and further strengthen relationships with European investors.

Stéphanie Pinheiro, Head of Energy Infrastructure Partners Luxembourg, commented, “The AIFM license is the next logical step for Energy Infrastructure Partners. Achieving this milestone enables us to further extend our geographic scope and serve clients anywhere in the European Union now better than ever.”

Dr. Dominik Bollier, co-founder and Managing Partner of Energy Infrastructure Partners, added, “The granting of this license comes at the ideal time as we aim to give our investors access to investment opportunities arising from the conversion and expansion of the global energy system.”

Transitioning the global economy towards a decarbonized energy system while safeguarding the security of supply will require significant levels of investment over the coming decades.

Energy Infrastructure Partners’ new global offering leverages the energy infrastructure expertise of its interdisciplinary team, comprising 70 experts across its offices in Zurich and Luxembourg. Its hands-on investment approach targets long-term, direct investments into high-quality, large-scale renewables and system-critical energy infrastructure with attractive, stable cash flows. Energy Infrastructure Partners works with reputable industrial partners and the public sector, where environmental, social and governance (ESG) matters are thoroughly analyzed and managed.

Constructed in a diversified fashion around one of the most resilient asset classes – and focused on critical subsectors like renewable energy, energy transmission and distribution, power system flexibility and energy storage – the offering is designed to give investors real asset–backed cash flows for decades.

Please direct enquiries to [email protected]

Energy Infrastructure Partners AG
Energy Infrastructure Partners AG (EIP) is a Switzerland-based manager of collective assets focused on high-quality, large-scale renewables and system-critical energy infrastructure assets. With over CHF 4 billion under management, EIP leverages an extensive industry network, broad transaction experience and close partnerships with energy suppliers and the public sector in order to develop and manage investment solutions for institutional investors globally. These clients include pension funds, insurance companies and large family offices who are increasingly interested in contributing to security of the energy supply as a pathway to create positive economic, ecological and social developments. Pension funds in particular appreciate investment opportunities that generate long-term, visible cash flows – a trademark of energy infrastructure and a profile that matches their need to fund the retirement income of their members.

Energy Infrastructure Partners and Crédit Agricole Assurances acquire 25% of Repsol Renovables

Madrid, June 9, 2022 – Crédit Agricole Assurances, the first bank insurance group in Europe, and Energy Infrastructure Partners (EIP), a leading investor in the energy transition, announce the signing of an agreement with Repsol S.A. for the acquisition of a stake of 25% in Repsol Renovables, the Repsol S.A. subsidiary relating to renewable energy, at an implied enterprise value of €4.4bn.

Repsol Renovables has a current installed renewable generation base of 1.6 GW comprised of a mix of wind farms, solar assets and hydropower plants across Spain, Chile and the United States. Alongside Crédit Agricole Assurances and EIP, Repsol will pursue a strategic plan to increase its total installed capacity before the end of the decade, to reach 20 GW by 2030.

The consortium of funds managed by Crédit Agricole Assurances and EIP will hold 25% of Repsol Renovables following the final close, which is set to occur in the fourth quarter of this year, subject to customary closing conditions and regulatory approval.

Philippe Dumont, Crédit Agricole Assurances CEO, said, “Fully in line with Crédit Agricole Group’s commitments in favor of the climate, Crédit Agricole Assurances is actively contributing to a low-carbon economy through its investments in the energy transition. This investment alongside Repsol and EIP is a new step, contributing to reach our objective of 14 GW of installed capacity by 2025.”

“We are pleased to provide our investors with the opportunity to participate in a renewables platform of this size and caliber,” commented EIP Managing Partner, Roland Dörig. “Working together with Repsol will support us in realizing our ambitious growth plans and further expanding EIP’s footprint in the Americas,” added EIP Co-Head of Investments, Peter Schümers.

With nearly 100 years of history, Repsol has leveraged its scale as a vertically integrated, publicly traded oil and gas major with a market capitalization above €20 billion to transform itself into a leader in the renewable energy and decarbonization movement in Europe and North America.

New markets, new technologies and new corners of the energy infrastructure economy

The platform benefits economically from power purchase agreements with blue-chip companies like Microsoft and Amazon. These long-term sales contracts provide the business with protection from volatility in the power markets.

Following the transaction, Crédit Agricole Assurances and EIP plan to support the platform’s further diversification. These plans include entering new markets and incorporating complementary technologies like offshore wind.

Headquartered in Madrid, Repsol is present in more than 30 countries. The company has committed to achieving carbon neutrality by 2050.

The consortium was advised by Crédit Agricole Corporate & Investment Bank and Greenhill & Co. (M&A), and Herbert Smith Freehills and Linklaters (legal).

Crédit Agricole Assurances
Crédit Agricole Assurances, France’s largest insurance Group, unites together Crédit Agricole’s insurance subsidiaries. The Group offers a range of savings, retirement, health, personal protection and property insurance products and services. They are distributed by the Crédit Agricole’s banks in France and in eight other countries around the world by financial advisers and multi-line insurance agents. The Crédit Agricole Assurances companies serve individuals, professionals, farmers and businesses. Crédit Agricole Assurances has 5,300 employees. Its premium income at the end of 2021 amounted to €36.5 billion (IFRS).
www.ca-assurances.com

Press contact
Françoise Bololanik + 33 (0)1 57 72 46 83 / 06 25 13 73 98
[email protected]

Energy Infrastructure Partners AG
Energy Infrastructure Partners AG is a Switzerland-based manager of collective assets focused on high quality, large-scale renewables and system-critical energy infrastructure assets. With over CHF 4 billion under management, EIP leverages an extensive industry network, broad transaction experience and close partnerships with energy suppliers and the public sector in order to develop and manage investment solutions for institutional investors globally. These clients, primarily pension funds, insurances and large family offices, seek investments in long-term, visible cash flow-generating assets that also contribute to security of energy supply, positive economic, ecological and social development, and the retirement provision of the population.

Press contact
Dr. Anna Sexton + 41 (0) 58 330 61 33
[email protected]

Energy Infrastructure Partners and RWE Renewables inaugurate 475 MW onshore project Nysäter Wind in northern Sweden

Zurich, June 9, 2022 – The inauguration of Nysäter Wind marks a significant contribution to the energy transition and security of European energy supply during a year that has shown these topics are more important than ever.

Today, northern Sweden’s Nysäter Wind will be inaugurated by Energy Infrastructure Partners, or EIP, and RWE Renewables, developer and minority co-shareholder of the project, which began construction in 2018. Nysäter Wind is majority-owned by funds managed by EIP and consists of 114 turbines with a combined output of approximately 1.7 terawatt hours of electricity per year. This is enough to supply the equivalent of over 300,000 Swedish homes with electricity, making it one of Europe’s largest onshore wind farms. The project also features a landmark offtake agreement with a blue-chip energy company. This power purchase agreement will run for 15 years and is one of the largest of its kind on record.

“The importance of securing energy supply and reducing reliance on traditional means of generation in Europe is paramount,” commented Roland Dörig, EIP Managing Partner. “We are proud of this accomplishment, made on behalf of our clients, who are supporting the vision of a fossil-free future with their investment.”

Sweden aims to meet 100% of its electricity needs from renewable sources by 2040, which will require continued large-scale investment in renewable technologies. Nysäter Wind supports the achievement of these climate targets by harnessing the excellent wind resource along the coastal area of northern Sweden, feeding the energy produced into the electricity grid.

“Successfully erecting 114 turbines is no small feat,” said Tobias Griesshaber, EIP Co-Head of Investments. “Considering all the phases of such a large project, and especially given the Covid-19 pandemic and related supply-chain issues, as well as the thousands of people who have been involved across all project stages, the result truly is a testament to the might of what we can accomplish when we work together.”

The inauguration will be attended by representatives of the Swedish government, media, industry and other areas of business. Prior to cutting the ribbon, there will also be a panel discussion about Sweden’s management of the climate transition, the significance of successful lighthouse projects like Nysäter Wind, and tackling increasing demand of electricity. The official event will be followed by a celebration open to members of the public, including entertainment, food and an exhibition enabling guests to visit and learn about the wind farm.

Please direct enquiries to [email protected]

Energy Infrastructure Partners AG
Energy Infrastructure Partners AG (EIP) is a Switzerland-based manager of collective assets focused on high quality, large-scale renewables and system-critical energy infrastructure assets. With over CHF 4 billion under management, EIP leverages an extensive industry network, broad transaction experience and close partnerships with energy suppliers and the public sector in order to develop and manage investment solutions for institutional investors globally. These clients, primarily pension funds, insurances and large family offices, seek investments in long-term, visible cash flow-generating assets that also contribute to security of energy supply, positive economic, ecological and social development, and the retirement provision of the population.

Energy Infrastructure Partners to acquire stake in leading French renewables platform from Boralex

Zurich, February 24, 2022 – Energy Infrastructure Partners, a leading investor in the energy transition, will acquire a stake in one of France’s largest renewables platforms, with more than 1 gigawatt of generation capacity. Under the agreement with Canadian utility Boralex Inc., an early mover in the global renewable energy industry, funds managed by Energy Infrastructure Partners will take a 30% share in the company’s French renewables platform and support its further growth as a leader in the French market.

The strategic partnership between Energy Infrastructure Partners, or EIP, and Boralex will build on an existing platform of more than 70 wind and solar plants totaling over 1 gigawatt of generation capacity. Boralex’s French platform also comprises an extensive development pipeline to construct new wind and solar projects across France and upgrade existing sites with best-in-class technology.

Tim Marahrens, EIP Co-Head of Investments, commented, “We look forward to working closely with our partner Boralex to build on their strong track record in the French market. They have established an impressive foundation for continued growth, and we’re excited to work together on its expansion over the coming years.”

Together EIP and Boralex will target a buildout of up to 3 gigawatts of wind and photovoltaic generation capacity by 2030 and support the renewable energy program France launched as part of its commitments through the Paris Climate Agreement, the Programmation pluriannuelle de l’énergie or Multiannual Energy Plan. The government program aims to double the country’s onshore wind capacity and triple its photovoltaic capacity by the end of the decade compared with 2018 levels, while investing more than EUR 70bn in the French renewable energy sector’s continued growth.

Roland Dörig, EIP Managing Partner, commented, “This is an exciting time for our industry, as our clients contribute to supporting the European transition to low-carbon energy generation. Looking at the French government’s plans, onshore wind and solar technology is projected to play an instrumental role in securing the country’s energy supply. Boralex is well-positioned to support France in achieving its renewables targets, thanks to its large and technologically diversified portfolio of assets.”

The closing of the transaction is subject to customary regulatory closing conditions and the approval of Boralex SAS’ Economic and Social Committee (CSE).

Please direct enquiries to [email protected]

Energy Infrastructure Partners AG

Energy Infrastructure Partners AG (EIP) is a Switzerland-based manager of collective assets focused on high quality, large-scale renewables and system-critical energy infrastructure assets. With over CHF 4 billion under management, EIP leverages an extensive industry network, broad transaction experience and close partnerships with energy suppliers and the public sector in order to develop and manage investment solutions for institutional investors globally. These clients, primarily pension funds, insurances and large family offices, seek investments in long-term, visible cash flow-generating assets that also contribute to security of energy supply, positive economic, ecological and social development, and the retirement provision of the population.

Energy Infrastructure Partners closes European fund above EUR 1 billion target

Zurich, July 6, 2021 – Energy Infrastructure Partners’ European fund, Energy Infrastructure 2018, has closed. The Fund, already over three-quarters invested, targets economically relevant energy infrastructure assets.

Energy Infrastructure Partners (EIP) successfully completed fundraising during the first half of 2021, raising total commitments from investors to over EUR 1 billion for its Europe-focused energy infrastructure fund. Closing was achieved through commitments from more than 40 institutional investors in Europe and Asia, predominantly comprising pension funds and insurance companies. Despite strong investor demand, the Fund adhered to its target size of EUR 1 billion to allow for the timely deployment of committed capital.

At closing, the Fund was already over 75% allocated or invested, with a portfolio diversified across investment-grade Europe (excluding Switzerland) comprising Nordic onshore wind farms, an offshore windfarm in Germany, as well as concentrated solar power plants in Spain and photovoltaic power stations in Italy and Slovakia. The Fund’s duration of 25 years with a possible five-year extension enables investors to harvest attractive cash flows for long periods.

Reaching this milestone demonstrates that the Fund’s strategy has proven its value to investors. By investing alongside leading industrial partners and public entities, EIP has been able to create attractive, diversified proprietary opportunities that offer long-term returns for institutional investors.

Beat Goetz, Head Global Client Solutions, commented, “Due to strong demand from our institutional investor base, we will expand our investment platform towards global investment-grade countries while still focusing on Europe. During the energy transition, very high investments in renewables, in transmission-distribution grids and in energy storage will be required to ensure continued security of supply. This creates interesting new global opportunities for our investors.”

Please direct enquiries to [email protected]

Energy Infrastructure Partners AG
Energy Infrastructure Partners AG (EIP) is a Switzerland-based manager of collective assets focused on high quality, large-scale renewables and system-critical energy infrastructure assets. With over CHF 4 billion under management, EIP leverages an extensive industry network, broad transaction experience and close partnerships with energy suppliers and the public sector in order to develop and manage solutions for institutional investors globally. EIP’s clients focus primarily on pension funds, insurances and large family offices seeking investments in long-term, stable cash flow-generating assets that also contribute to security of energy supply, positive economic, ecological and social development, and the retirement provision of the population.

Funds advised by Energy Infrastructure Partners acquire 49% stake in 13 GW global renewable energy platform BayWa r.e.

Zurich, December 9, 2020 – Funds advised by Energy Infrastructure Partners will invest in BayWa r.e. by means of a EUR 530m capital increase. The transaction will result in a 49% shareholding and will create significant value in the renewable energy sector.

The transaction, signed yesterday in Munich, will enable a consortium of investors advised by Energy Infrastructure Partners AG (EIP), including the Versicherungskammer Bayern, to participate in BayWa r.e.’s global renewables platform. A Munich-based global leader in the renewable energy industry, BayWa r.e. has an established photovoltaic and onshore wind project pipeline of over 13 GW that is diversified across more than 20 countries worldwide. Partnering with EIP will allow for an accelerated build-out of BayWa r.e.’s globally and technologically diversified renewables platform.

Aside from maintaining a focus on the successful project development, services and solutions business, the strategic evolvement of BayWa r.e. into an independent power producer (IPP) with an initial 3 GW target capacity by 2028 is the first step to capitalize on the full potential of the platform. The partners envisage deploying additional capital over time in order to extend the owned renewable asset base significantly.

“Our excellent relationship with BayWa as the majority partner, the impressive performance of BayWa r.e.’s management team and our proven record in large-scale renewable investments will allow us to jointly build out and develop this platform in the years to come. The strategic progression will enable institutional investors to profit from stable cash flows while accessing a renewable power generation portfolio of significant size,” commented Roland Dörig, Managing Partner at EIP.

Tim Marahrens, Co-Head Origination and Transactions at EIP, underscored the significance of the transaction given the current period of ongoing market consolidation in the sector. “We are pleased about this unique opportunity to participate in a large-scale global renewable platform.”

 

Please direct enquiries to [email protected]

Energy Infrastructure Partners AG
Energy Infrastructure Partners AG (EIP) is a Swiss manager of collective assets focused on high quality, large-scale renewables and system-critical energy infrastructure assets. With over CHF 3 billion under management, EIP leverages an extensive industry network, broad transaction experience and close partnerships with energy suppliers and the public sector in order to develop and manage solutions for institutional investors globally. Its clients primarily focus on pension funds, insurances and large family offices seeking investments in long-term, stable cash flow-generating assets that also contribute to security of energy supply, positive economic and social development, and the retirement provision of the population.