Fri, Mar 29, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Tages Capital closes Helios Fund on €250M

Friday, June 23, 2017

Bailey McCann, Opalesque New York:

Tages Capital SGR has closed its Tages Helios Investment Fund on €253 million. Tages Helios is a renewable energy investment fund focused exclusively on the Italian solar infrastructure sector and represents one of the largest fundraisings dedicated to the sector.

New investors included Aviva, the international insurance group, as well as Equiter, an Italian investor in real estate infrastructure assets and part of the Intesa SanPaolo Group. The rest of the fund's investor base comes from a mix of insurance companies, pension funds, foundations and qualified investors. Other known investors in the fund include Fondazione Cariplo and Italian insurance companies Eurovita, Generali, Intesa Vita, and Unipol.

Banking pensions with Monte dei Paschi di Siena and Banca Consulia have also invested in the fund.

Tages Helios has already invested approximately 60% of the overall committed capital. With a portfolio of 60 solar plants and an installed capacity of 157 Megawatts (MW), Tages Helios is the third largest operator in the Italian solar infrastructure sector.

The Fund now has over €100 million to invest over the coming months to continue building its pipeline of investments.

Tages Helios, together with Delos Power has taken over a significant portion of the Italian solar market. The companies have recently completed a major project to improve the efficiency of the acquired plants which will be managed by the De......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1