Swiss fund manager SUSI expands Danish renewables portfolio

SUSI Partners has expanded its Danish renewables portfolio with the acquisition of turbines in the Lønborg Hede onshore wind farm.

The Swiss fund manager’s Renewable Energy Fund II has bought ten turbines in the Lønborg Hede onshore wind farm from Local Energy for an undisclosed sum.

The project is located in the municipality of Ringkøbing-Skjern, Denmark and has a total capacity of 68.3MW, of which SUSI partners has acquired 36.0MW.

Local Energy and residents of the surrounding area will retain 10 turbines.

CIO at SUSI Partners, Marco van Daele, said: “The acquisition of Lønborg Hede represents SUSI’s third investment in the Danish renewables market, which we continue to deem attractive and are fortunate to now have built a sizeable platform in.

“We highly value the opportunity to work together with local developers and surrounding communities and look forward to a fruitful cooperation.”

Owner of Local Energy, Jens K Pedersen, said: “SUSI Partners have been chosen among several interested buyers as the new owner of the 10 wind turbines due to their commitment to respect and involve the local communities.

“SUSI Partners, with its 3 pillars of investment [clean power generation, energy efficiency enhancements and integrated energy storage solutions] is a perfect match for the future of renewable energy in our region. 

Related images

  • Wind Farm

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2559

    Asset class: Multi Assets.
    Asset region: -.
    Size: EUR 15m (may be split into two mandates EUR 7.5m).
    Closing date: 2019-09-06.

  • QN-2560

    Asset class: Private Equity.
    Asset region: Global.
    Size: $40m.
    Closing date: 2019-08-30.

  • QN-2561

    Asset class: Infrastructure.
    Asset region: Global.
    Size: $40m.
    Closing date: 2019-08-30.

Begin Your Search Now