EnergyWatch

German asset manager nears first close of fifth renewables fund eying attractive future returns

Despite a surge in the number of capital-raising strategies tied to green power, German asset manager KGAL's business development team expects renewables to offer sustained opportunities for generating attractive returns as the money manager nears first close of its fifth renewables fund.

KGAL Senior Director of Institutional Business Development for the Nordics Elin Aberg and Head of International Institutional Business Christian Schulte Eistrup | Photo: PR / KGAL

German asset manager KGAL is raising capital for its fifth European renewable energy fund, aiming for EUR 750m.

While the upcoming fund, Enhanced Sustainable Power Fund 5 (ESPF5), is in its preliminary stages, KGAL will continue to deploy the capital from its predecessor, ESPF4.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

EU to address stalled Danish nearshore wind project

Developer European Energy has received a positive response from the EU regarding project Omø Syd, which is currently on hold due to considerations over migratory birds. The European Parliament has now requested that the Commission launch an investigation into the matter.

Board reshuffle to boost Obton

The Danish solar investor has appointed new board members and now aims to quadruple its photovoltaic business ahead of 2025.

Further reading

Related articles

Trial banner

Latest News

See all jobs