Swiss Life Asset Managers announced today the launch of Fontavis ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Renewable Infrastructure Fund II, its fourth clean energy-focused fund, and second to invest globally.
Christoph Gisler, Head Infrastructure Equity at Swiss Life Asset Managers, said:
“We are proud of our strong track record and alignment of interest with our investors as we invest substantial amounts in the fund as well. The fund builds on the success of the predecessor fund while adapting to the everchanging market environments.”
With a targeted size of €750 million Euros, the new fund will in invest unlisted clean energy and infrastructure assets and companies, with the objective to build a globally diversified portfolio of direct infrastructure energy investments.
The fund will invest in assets in OECD countries, with a focus on energy generation from renewable sources such as wind, solar, hydro and biomass, as well as storage and renewable fuels.
Marc Schürch, Head Renewable Energy at Swiss Life Asset Managers, said:
“In line with our strategy we want to apply our deep know-how of the energy sector and invest in all fields of the energy transition. As such we contribute on behalf of our investors to make electricity generation, heat supply and mobility more sustainable.”
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