Ardian targets €1 billion for new energy infrastructure fund
Ardian has launched its first open-ended "evergreen" fund that will invest solely in the energy transition as an Article 9 fund under the EU’s Sustainable Finance Disclosure Regulation (SFDR) regime, meaning it meets the highest social and environmental standard in Europe.
The Ardian Clean Energy Evergreen Fund (ACEEF) is targeting €1 billion to allocate to mature renewable technologies including solar, wind and hydroelectric, as well as emerging technologies such as biogas, biomass, storage and energy efficiency. More than half of its target asses have already been put to work in a seed portfolio of 12 . . .
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