Capital Dynamics Raises EUR 521 Million for Clean Energy Infrastructure Fund

Independent private asset management firm based in Singapore, Capital Dynamics has announced the final closing of Capital Dynamics Clean Energy Infrastructure IX (CEI IX), which is the company’s latest renewable energy fund.

The official statement held that CEI IX exceeded its initial target of EUR 300 million by approximately 75% and closed with EUR 521 million in capital commitments. It said that the fund received capital commitments from a large, globally diversified investor base of new and existing investors, including pension funds, insurance companies, family offices and high-net-worth individuals, across Europe, Asia, Australia and the Middle East.

Capital Dynamics has been investing directly in clean energy in Europe since 2013 and currently owns and operates over 30 projects with a combined capacity of over 1 GW. Its clean energy platform makes direct equity investments in carbon-reducing, renewable power generating projects from late-stage development through commercial operations.

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Capital Dynamics mentioned that CEI IX invests in subsidy-free renewables projects across Europe aiming to invest in tomorrow’s power sector and capitalize on the growing demand for renewable energy sources. CEI IX also benefits from Capital Dynamics’ affiliate, Netro Energy, providing investors with the additional value that comes from cost efficiencies and portfolio optimization activities attainable from investing in a vertically-integrated platform.

Simon Eaves, Co-Head of Clean Energy, Capital Dynamics, said, “The fact that the Fund has exceeded its target speaks to the high level of interest and enthusiasm we have seen from our investor base and the increasing demand for investment vehicles with specific renewables expertise to aid the energy transition.”

Dario Bertagna, Co-Head of Clean Energy, added, “We believe that our ongoing pledge to fund the energy transition is helping contribute to the global reduction of CO₂ emissions, while offering stable returns to our investors and creating opportunities for the local communities in which we operate.”

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Capital Dynamics said that it is an early signatory to the United Nations Principles for Responsible Investment (UNPRI) and the entity claims to be a recognized industry leader in responsible investing, receiving the highest marks from the UNPRI in multiple categories, including for Clean Energy. It was also awarded the highest GRESB rating (Global Real Estate Sustainability Benchmark) and has been named sector leader for the third year running.