Sustainable energy infrastructure investor SUSI Partners has launched a new energy efficiency and credit transition fund.

The Swiss fund manager said the newly launched SUSI Energy Efficiency and Transition Credit Fund (SEETCF), which has a target size of €400m, will invest mainly in Europe and some OECD markets.

The 15-year vehicle, which has been classified as an Article 9 fund under the EU’s Sustainable Finance Disclosure Regulation, is the third fund of SUSI’s credit platform and expands its remit to a wider set of opportunities. 

SUSI Energy Efficiency Fund II, the predecessor has invested more than 80% of its capital, the manager said, adding that the first two energy efficiency funds have so deployed around €500m deployed into nearly 3,000 single projects across more than 70 transactions since 2015.

SUSI said SEETCF will contribute towards “climate change mitigation” while supporting the long-term development of economies through the “buildout of sustainable infrastructure” and the provision of affordable and clean energy.

SEETCF aims to invest in a diversified portfolio across the wide spectrum of investment opportunities the energy transition offers.

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