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 €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: onshore 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.

Launched

2009

Raised

€437 M

Investments

14

Geographies

5

Technologies

3

Fund life

10 years

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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.

Launched

2013

Raised

€500 m

Investments

11

Geographies

11

Technologies

3

Fund life

10 Years

Clean Energy Fund III

Glennmont Partners launched its third fund, the Clean Energy Fund III, in 2018. It overachieved its original target of €600m and instead raised €850m.

Fund III will see investments in offshore wind projects across the EEA for the first time. Otherwise, the fund adopts a similar investment strategy to its predecessors, targeting solar photovoltaic, onshore wind, bioenergy and small-scale hydro.

Launched

2018

Raised

€850 m