Renewable Energy Infrastructure
The SUSI Sustainable Euro Fund invests in turn-key and operational solar and wind farms in EU-countries. It is closed over 7 years and has achieved a successful first closing in November 2010 with several family offices, a large Swiss utility, pension funds and UHNWIs among the corner-investors. The SUSI Sustainable Euro Fund is a closed-end SICAV/SIF fund domiciled in Luxembourg. SUSI Sustainable SARL serves as general partner; SUSI Partners AG is the fund advisor. Investment Committee decisions are overseen by a seasoned Advisory Board, providing additional project finance, fund management and technical experience critical to wind and solar investment success. Banque Privée Edmond de Rothschild (Europe) serves as custodian and administrator and is also responsible for NAV calculations. Deloitte (Luxembourg) is the auditor. Legal advice is provided by Loyens & Loeff (Luxembourg). Projects in German, French, Italian, and Belgian solar and wind power infrastructure are carried as investments for the life of the Fund. Distinct from traditional private equity investments, the SUSI Sustainable Euro Fund aims to provide stable year-on-year distributions to investors (no “J-Curve”). Diversification has resulted immediately after the successful first closing, with committed capital sufficient to finance the 8 projects. Key features of SUSI Sustainable Euro:
- Attractive returns – target annual distributions of 10-14%; significant upside at fund-end (total expected IRR: 16-20%)Very low correlation with stock markets – securities of projects are not publicly listed; returns are not influenced by short term market sentiment
- Sustainable investment – solar and wind power produces CO2 neutral energy and contributes to the control of global warming
- Risk minimization – projects benefit from long-term power purchase agreements with large utilities and feed-in-tariffs guaranteed by the state; each investment is in a Euro-denominated country, hedging against currency risk; and the fund advisor only examines projects that either have all required permitting or are fully operational, removing development exposure
- Transparency – fund investors can track investments at all times and analyze returns. There are no hidden fees.
- Industry experienced – Investment Committee with a combined track record of more than 20 years in solar and wind infrastructure




