Triodos Renewables Europe Fund

Triodos Renewables Europe Fund offers a well-diversified portfolio of direct infrastructure investments in renewable energy power plants in Europe, allowing investors to participate in the green transition of the energy sector. By contributing to the development of the renewable energy sector the Triodos Renewables Europe Fund aims to increase the share of clean energy in the total energy demand and to reduce CO2 emissions. The fund provides capital through equity or subordinated loans to small and medium sized developers of renewable energy. The fund thus closes the funding gap between micro and utility-size projects.. Triodos Renewables Europe Fund is a sub-fund of Triodos SICAV II. A SICAV is an investment company with variable capital. This particular type of SICAV is a non-UCITS scheme registered in Luxembourg.

Financial description

The fund invests in existing and new privately owned project companies and special purpose companies for the production of renewable energy.
The fund’s main investment focus is on wind farms and solar plants, in Europe (90%) and outside Europe (max 10%).
The fund typically invests up to 20% of net assets in a single project through (quasi-) equity and subordinated debt.
Investment criteria include proven technologies, solid project contracts, adequate insurance cover, qualified project management, irrevocable permits in place, Power Purchase Agreements, grid connection, solid cash flow projections and project financing.