Glennmont

 

Alternative energy investment. Absolute returns.

Funds Under Management

Alternative energy attracts established investors

Clean Energy Fund I

Glennmont Partners launched its first fund, the Clean Energy Fund, in 2009. Despite a period of unprecedented economic uncertainty, we raised EUR 437m within 18 months – making it the largest pure-play clean energy investment fund in Europe.

The range of institutional investors, including a cornerstone commitment from BNP Paribas Investment Partners, reflects the strong demand for clean energy infrastructure.

The fund focuses on proven alternative energy technologies: on-shore wind, small-scale hydro, solar photovoltaic and biomass. It achieves a solid risk/return profile by investing in fixed assets with underwritten cash flows, and the potential for capital enhancement over time.

 

Clean Energy Fund II

Glennmont Partners launched its second fund, the Clean Energy Fund II in 2013, reaching the fundraising hard cap of €500m within 12 months.

As with the first fund, Fund II invests predominantly in wind, solar and biomass assets in Western Europe, with a preference for Eurozone investments. The fund is building on the success of Fund I by working with existing partners and closing projects from the pipeline identified during Fund I.

‘Privileged asset management
provider’ of BNP Paribas IP

Under management

€1.3bn+

Aggregate enterprise value of investments

€2bn+

Percentage of investors from outside Europe

35%

Number of investments

25

Number of years in operation

11 Years