A&G, one in all Spain’s main monetary establishments with a strong monitor document in wealth advisory and asset administration, introduced it’s launching a sustainable infrastructure fund with an funding goal of over €150 million.
Based in 1987, A&G is as soon as once more betting on sustainable investing with the launch of the brand new personal fairness infrastructure A&G Sustainable Infrastructure II fund. The agency had 14.621€ billion in belongings underneath administration on the finish of August 2024.
Miguel Lizaso, at present a director in A&G‘s Vitality Transition workforce and liable for the agency’s investments in infrastructure tasks, will lead this new technique, reporting to Alejandro Núñez, head of A&G’s various investments.
“A&G is taking this step as a part of its dedication to industrial decarbonisation and vitality safety, specializing in verticals equivalent to biogas, hybridisation of renewable belongings and battery storage,” stated Núñez.
That is A&G’s third initiative on this subject, becoming a member of A&G Renewables Iberian Photo voltaic I, which manages greater than 300 MW in photovoltaic vitality, and A&G Vitality Transition Tech Fund, which invests in technology-based firms accelerating the vitality transition, with six European firms in its portfolio and the help of ICO (Spain’s Official Credit score Institute) as a benchmark investor.
A&G manages various investments targeted on the Vitality Transition and Actual Property sectors, in addition to Non-public Fairness Buyout methods. Via extremely specialised groups, A&G continues to create institutional options tailor-made to buyers’ preferences.
A&G has been advising clients on various investments for greater than 25 years, and its Luxembourg fund supervisor was the primary representing a Spanish group to realize AIFMD authorisation, thus having the ability to handle various funds in Luxembourg.