Institutional Investing in Infrastructure (i3)’s Post

Challenger Energy Group Plc (AIM:CEG, OTC:BSHPF) CEO Eytan Uliel joins Proactive's Stephen Gunnion with details of a £1.5 million strategic investment from Charleston Energy Partners, a New York-based fund connected to a family office since 2005 and involved in energy investments since 2016. Uliel highlighted Charleston's understanding of Challenger Energy’s operations and strategy. The funds are intended to support immediate working capital needs and enable progress on a new block in Uruguay, even before a major deal with Chevron is finalized. This Chevron partnership, pending approval by Uruguayan regulators, promises a £12.5 million influx that will sustain Challenger Energy’s operations for an extended period. Uliel said Charleston Energy’s contribution extends beyond financial investment; it brings industry-specific knowledge and a commitment as long-term investors. Additionally, Robert... Watch at #Proactive #ProactiveInvestors http://ow.ly/lEYE105pSsk

Neos Partners, an investment firm focused on energy transition and critical infrastructure, has raised $1.37 billion for its second fund, in addition to a $350 million co-investment vehicle. Peter Jonna #alternativeassets #connectmoney

We are trying to get this message out: as an investor in green power, you don't always have to buy the asset, with the people and the opex and the capex and the extremely long asset life and the extremely short offtake and the short debt tenor...and...the headaches.... ....you can also just buy the power....via an institutional PPA. We focus on acquiring power exclusively in "green baseload", mainly dispatchable reservoir hydropower and offshore wind (not dispatchable but in some places, definately baseload). This product is now more interesting than ever because: 1. Many markets are increasingly showing zero or negative daily electricity pricing, precisely because of the success of renewables on the grid. We see this most potently in Spain, but you have also seen it in Germany , France, Finland, Poland etc this summer. 2. This means it is harder to apply traditional valuation methodology to the long asset life in your typical project finance model because: (a) your power price forecast is severely affected by this price volatility, what was, at best, a crystal ball is now opaque, and this means you are not escaping merchant risk anymore as any merchant protection you were getting for the ~10 years of the 30-40 year asset life, through traditional PPAs, is much more difficult to get. (b) We can price this volatility in better and at the most, we are exposed 15 years, not 30-40, and (c) We can hedge out volatility, in liquid European power trading markets. As an equity owner of an asset, you can’t do that. Contact any of us if you want to know more: Tristan Elbrick Frederick Carter Abha Doshi Thibault ANCEY

Looking to diversify your investment portfolio? Learn how Principal Securities Inc. recently acquired $69,000 worth of First Solar, Inc.

FUNDRAISING NEWS: Neos Partners, an investment firm focused on second-order investing in the energy-transition and critical-infrastructure sectors, has closed its Neos Partners II with $1.37 billion of commitments. Neos also closed a $350 million committed co-investment vehicle alongside Fund II.

TRANSACTION NEWS: CleanCapital, an independent power producer focused on distributed clean energy, has acquired a portfolio of 40 assets totaling 22.7 megawatts from Kendall Sustainable Infrastructure, LLC. In related news, Manulife Investment Management, along with its institutional co-investors, increased its equity investment in CleanCapital with a new tranche of funding totaling $145 million. 

Global investment firm EQT is making its first American move through its new Transition Infrastructure strategy by acquiring microgrid developer Scale Microgrids.

Private equity firm Partners Group has invested in 'green flexibility', a BESS platform in Germany, with an initial equity commitment of €400 million. #energystorage

Clifford Chance has advised Norges Bank Investment Management on the acquisition of a 49% interest in a 644 MW portfolio of solar plants located in Spain from Iberdrola. The Clifford Chance multidisciplinary team advising on the deal was led by partner Luis Alonso and counsel Javier Hermosilla Rojo, together with associates Íñigo Navarrete and Jimena Garrote Díaz. The team also included partner Jose Luis Zamarro, associates Mónica Romero Martínez, Clara Ortells Sicilia, Paloma Gonzalez Muñoz and Julia Hernández Macazaga. Read the full article >> https://lnkd.in/dD8P3_-F #IberianLawyer #legaladvisor #investment

What can be expected for the US renewable energy sector under the Trump administration? Explore insights from our Schroders expert who addresses the misconceptions and realities surrounding the industry. https://okt.to/rpZdM6 #US #Trump #USPresident #SchrodersSG #SchrodersInsights