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Impax New Energy Investors Fund II
United Kingdom
Last updated 12 May 2020, by Impactyield.
Fund geography
Impax New Energy Investors Fund II invests in power generation assets and related companies. The Manager defines the core of the New Energy Sector as comprising solar, wind, and other commercially proven renewable power generation (such as hydropower and biomass-to-energy) and infrastructure assets related to renewable energy transmission, storage and distribution. The focus has been primarily on European on-shore wind.
Financial description
The Manager’s objective for the Fund was to build a portfolio of 10 to 15 investments in companies or projects that each typically had enterprise values of EUR50-250 million and equity requirements of EUR20-60 million. The Fund has built on the strategy implemented in New Energy Fund I, driving superior investor returns through its investment in renewable power generation assets and related companies.
14 years
of track record
2010
the year funded
n.a.
AUM
Interested in this fund?
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Gain a deeper and comprehensive understanding of how this fund generates positive impact in the themes and SDGs that matter to you, with insights provided by our dedicated team of expert analysts, and receive notifications about new available impact products, exciting investment opportunities, and relevant updates in the world of impact investing.
Asset manager
Impax Asset Management
Headquarters location: United Kingdom
Other funds managed by this asset manager: Impax Climate Property FundImpax Specialists Strategy
Key performance indicators
Fund overview
Asset manager: Impax Asset Management
Product track record: Fund has 14 years of track record
Target IRR: n.a.
Committed Capital: n.a.
Target return category: Risk-adjusted market-rate of return
Fund domicile: United Kingdom
Product status: Closed - no longer investing
Style/Stage: Growth Stage
Inception year: 2010
Vintage year: 2011
Target region: Developed countries, More developed regions
Target close date: n.a.
Product term: 10
Assets under management: n.a.
Investment size: Min: 1,300,000; Max: 54,300,000; Avg: 17,900,000
Co-investment policy: LPs have priority, With LPs and non-LPs
Currency of investments: EUR (Euro)
Currency for fund / product figures: EUR (Euro)
Fund investments to date: 15
Fund investments to date exited or repaid: 4
Management fee: 1.94%
Carried interest: n.a.
Hurdle rate: 8% net IRR%
GIIN Investors' Council Investment: No
Limited Partners / Investors: n.a.
Limited Partner / Investor Type: Development Finance Institution (DFI), Endowments/Foundations, Family Office, Pension Funds, Other Institutional Investors
Contact
E-mail: n.a.
Website: http://www.impaxam.com
Phone number: 2074322655.00
If you wish to have your details removed from this database please email gdpr@impactyield.com
Nicholas Burlington
Fund Investor Relations Specialist
Peter Rossbach
Managing Director and Head of Private Equity
Impact Performance
n.a.
Impact thesis
Supportive of the drive towards promoting renewable energy consumption and reducing the detrimental effects of fossil fuels on climate change and the environment at large. The fund promotes renewable energy consumption and reducing the detrimental effects of fossil fuels on climate change and the environment at large.
Impact Management
n.a.
Financial benchmark
Term Description:
Keywords