Hamburg, August 31, 2022
- Luxcara’s FLAVEO IV fund will reach an equity volume of > EUR 1bn by the end of 2022
- The fund has most recently received commitments from a collection of international investors, including Dutch institutional investor “MN”
- The fund’s portfolio already consists of more than 1 GW with projects in the Netherlands, Denmark, Sweden, Spain and Germany
- FLAVEO IV is classified as an impact fund (“Article 9”) under SFDR and already reports to its investors in this manner
Luxcara, one of the most experienced renewable energy asset managers in Europe, has announced a successful interim close of its impact investing fund “FLAVEO IV Green Energy”. To date, the fund has accepted commitments from European and overseas institutional investors and will reach an equity volume of > EUR 1 bn by the end of 2022. FLAVEO IV was just launched in Q3 2021 and focuses solely on clean infrastructure, such as renewable energy and storage solutions. Furthermore, FLAVEO IV is classified as an impact fund (“Article 9”) under the EU’s Sustainable Finance Disclosure Regulation (SFDR) and is already reporting to investors in this manner.
“The demand for our fifth clean infrastructure fund is significant and continues to increase,” says Alexander Ruesch, Investor Relations Director at Luxcara. “We are particularly happy about welcoming back not only most of our existing investors, but also new investors from several countries, such as “MN” from the Netherlands,” he adds. Luxcara has already secured several attractive projects of more than 1 GW for FLAVEO IV in the Netherlands, Denmark, Sweden, Spain and Germany.
Luxcara’s specialized knowledge, experience and strong understanding of the broader power market is key to identifying attractive opportunities. Being active in the PPA market since 2015 and knowing how to optimally structure and operate projects in this environment is key. With this latest fund, Luxcara’s AuM has increased to over 5 GW and EUR 5 bn in clean infrastructure in Europe.
About Luxcara
Luxcara is an independent asset manager offering equity and debt investment opportunities to international investors in the global renewable energy market. The management-owned company acquires, structures, finances and operates renewable energy and related infrastructure projects as a long-term buy-and-hold investor. Luxcara’s longstanding focus on unsubsidized markets has made the company Europe’s most prominent investor in projects with long-term power purchase agreements.
The company’s portfolio includes clean infrastructure across Europe with a total capacity of more than 5 GW and an investment volume of EUR 5 bn. This track record, dating back to 2009, makes Luxcara one of the continent’s most experienced asset managers for renewable energy investments.
Follow us at www.luxcara.com or on www.linkedin.com/company/luxcara
Contact for Luxcara:
Alexander Ruesch
Investor Relations Director
investorrelations@luxcara.com
+49 40 60 56 41-427
