Encavis Infrastructure II raises EUR 200 million (US$ 224.96 million)

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Encavis Asset Management AG has raised EUR 74.5 million (US$ 83.79 million) equity for the Encavis Infrastructure Fund II (EIF II), a special fund marketed exclusively by BayernLB. The fund managed by HANSAINVEST Lux S.A. now has a fund volume exceeding EUR 200 million (US$ 224.96 million).

Nearly two-thirds of the fund are currently invested in solar parks, the rest in wind farms. All these renewable energy plants generate stable returns and are located in mature regional markets with reliable investment conditions. 60 percent of the photovoltaic and wind power plants are based in Germany, 35 % in The Netherlands, and an additional 5 % in France. With a total generation capacity of currently 232 megawatts, more than 200,000 tons of climate-damaging CO2 emissions are saved every year.

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