According to the mandate, StormHarbour will provide the fund with its expertise on the sector and its network of investors.
The fund, dedicated to SMEs in the renewable energies sector in France and Europe, combines capital-type return with infrastructure-type risk to offer an attractive risk-reward ratio for investors especially during market uncertainties.
The fund also supports SMEs by providing equity investment solutions that are ideally suited to the development of their infrastructure projects. Capenergie II has already committed more than €40m to five investments.
Capenergie II is the successor to Capenergie I, which is the first French institutional fund that was launched in 2006. The fund has invested €100m in 16 businesses and infrastructure projects in France and the rest of Europe to date.
According to the European Union, the contribution made by green energies of the European energy mix stands at 20%.
