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 energy-transition infrastructure market. The Hamburg-based company acquires, structures, finances and operates energy projects with a long-term buy-build-operate approach. Luxcara’s portfolio includes investments across several European countries and comprises wind and solar PV assets, battery storage systems, charging stations for electric vehicles, and electrolyzers for the production of green hydrogen. With a track record dating back to 2009 and a team of more than 80 energy specialists, Luxcara ranks among Europe’s most experienced asset managers in energy transition infrastructure.
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Media contact for Luxcara:
Marcel Peter, Head of Communications and Stakeholder Engagement
T: +49 1514 1977862
E: press@luxcara.com
