The fund was established in 2015 and it targets off-market compelling green opportunities.
The fund seeks to obtain total return exposure to the green energy sector, through solar, wind, hydro projects predominantly in core Europe.
The advantages for investors derive from uncorrelated investments in real assets, predictable income, exposure to the new energy sector and low volatility.
In June 2016 the iAM Capital Group (previously known as "Integrated Asset Management Group") has acquired a majority interest in the Econergy Solar PV portfolio, a Euro 127m transaction. The acquisition, which has been financed also through a senior loan from Mediocredito Italiano (Intesa Group), comprises a portfolio of 30 solar photovoltaic plants with a total capacity of 34.2Mw based in southern and northern Italy.
The fund currently has a strong presence on the ground in Italy. We are continuing to evaluate further opportunities.