First closing of Encavis Infrastructure Fund 'Renewables Europe II'

Dow Jones received a payment from EQS/DGAP to publish this press release.

DGAP-Media / 2018-12-19 / 14:06 
 
Neubiberg, 19 December 2018 - Encavis Asset Management AG has completed the 
first closing of its Encavis Infrastructure Fund, SICAV-RAIF Renewables 
Europe II (Renewables Europe II) for two German institutional investors. The 
targeted size of the fund is EUR 200 million. Bayerische Landesbank 
(BayernLB) acts as distribution partner. 
 
"Renewables Europe II" invests in renewable energy plants and relies on a 
balanced diversified portfolio. The investments focus on solar and wind 
parks in Europe, preferably in Germany, Austria and France. 
 
The Encavis special fund has already chosen and secured its first investment 
targets, namely three German wind parks and one German solar park. The 
second closing is expected to take place in the first quarter of 2019. The 
planned investments are under review. 
 
*About Encavis Asset Management AG:* 
 
Encavis Asset Management AG offers institutional investors customised 
portfolios and fund solutions for investments in the growth market of 
renewable energy sources. The company has been investing successfully in 
this sector since 2006, acquiring for institutional investors more than 40 
plants with a generating capacity of around 430 MW. The company covers the 
entire value chain from asset sourcing to operational management of the 
plants. 
 
Encavis Asset Management AG is a fully owned subsidiary of Encavis AG and, 
as part of the Encavis Group, profits from the latter's many years of 
experience and broad industry network. 
 
Encavis AG is one of Europe's leading independent power producers (IPPs) in 
the field of renewable energy sources. The company acquires and operates 
solar power plants and (onshore) wind farms in Germany and nine other 
European countries. The total generation capacity of the Encavis Group is 
currently more than 1.9 gigawatts (GW). 
 
The environmental, social and governance-related (ESG) achievements of 
Encavis AG have been rated by ISS-oekom, one of the world's leading ESG 
research and rating agencies, and were awarded the ISS-oekom's Prime Label. 
 
More information about the company can be found at www.encavis.com [1]. 
 
*Contact:* 
 
*Encavis Asset Management AG* 
Tanja Van den Wouwer 
Head of Marketing & Client Relations Manager 
Tel.: [phone] 
Email: [e-mail] 
 
End of Media Release 
 
Issuer: Encavis Asset Management AG 
 
2018-12-19 Dissemination of a Press Release, transmitted by DGAP - a service 
of EQS Group AG. 
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1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=d58f3f8708e999dbbdcc7231a025c101&application_id=760235&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

December 19, 2018 08:06 ET (13:06 GMT)