Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Conference Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe Log In

SUSI to launch $1.1 billion dollar wind fund for wealthy countries

Swiss investment firm SUSI has upped the ante on renewables energy investing.

The firm is planning a €1 billion ($1.1 billion) investment in commercial renewable energy infrastructure and offshore wind projects. The Global Energy Transition Fund will target 15 to 20 investments in OECD countries, reports Environmental Finance.

The size of the fund is a big jump for SUSI, which has about $1 billion in assets under management. It recently closed $70 million for an energy storage technology fund and $425 million for a renewable energy fund.

The offshore wind fund is SUSI’s first in the sector McKinsey recently called “the next big thing.” The cost of offshore wind energy production is expected to drop 70 percent from 2010 levels in the next three years.

Improvements in technology will play a big part, but so will the cost of capital, which is falling as investment flows increase.

You might also like...