The European Energy Efficiency Fund (EEEF), a public-private partnership investment vehicle dedicated to funding public energy-efficiency projects across the EU, has appointed SUSI Partners as its portfolio manager.
Alongside the agreement with SUSI Partners, Alter Domus Management has been appointed as EEEF’s alternative investment fund manager.
The European Commission-backed EEEF currently holds a portfolio of 16 investments across 10 countries, representing over €170m in invested capital. The fund’s portfolio includes technologies like LED street lighting, efficient heating, ventilation, and air conditioning (HVAC) systems, electrified transportation, building retrofits and distributed solar generation.
SUSI Partners said its selection as portfolio manager was based on its track record in financing energy transition infrastructure. The firm has operated for over 15 years with a focus on mid-market energy transition infrastructure investments.
Giorgio Chiarion Casoni, director for investment in directorate-general for internal market, industry, entrepreneurship and SMEs at the European Commission, said: “The EEEF plays a vital role in helping European cities and communities transition to a low-carbon future.
“We welcome the appointment of SUSI Partners as the portfolio manager of the fund and are confident that their specialised expertise and strong track record are perfectly suited to achieving the fund’s objectives for the benefit of all stakeholders.”
Alexander Hunzinger, co-CIO at SUSI Partners, said: “With over a decade of experience in credit-financing efficiency improvements to existing infrastructure and other energy transition applications, we are ideally positioned to ensure a seamless transition in the management of EEEF.
“We highly appreciate the trust provided to us and look forward to continuing the deployment of the fund’s capital into profitable and impactful projects that benefit both communities and investors.”
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