Work Detail |
SUSI Partners has been appointed as the new portfolio manager of The European Energy Efficiency Fund (eeef), a public-private partnership investment vehicle dedicated to financing public-sector energy efficiency projects across the European Union. Supported by the European Commission and private institutional investors, eeef focuses on advancing climate goals while enhancing the resilience of public infrastructure. The fund provides financing for projects in energy efficiency, renewable energy, and clean urban transport across EU member states. It targets economically viable initiatives with a defensive risk profile to deliver attractive risk-adjusted returns, while also offering institutional investors the opportunity to commit additional capital. SUSI Partners was selected based on its extensive experience and strong track record in financing infrastructure projects that drive the energy transition. With over 15 years of exclusive focus on mid-market energy transition infrastructure investments, SUSI launched its first credit vehicle in 2014 and has since deployed more than EUR 700 million into energy efficiency and related projects through its credit strategy. The company’s ability to consistently deliver strong risk-adjusted returns alongside measurable reductions in CO2e emissions aligns closely with eeef’s mission and core objectives. SUSI’s appointment ensures continuity for the fund and provides an opportunity to accelerate capital deployment by leveraging its deep sector expertise and well-established networks across Europe’s mid-market energy transition sector. While the management of the fund transitions to SUSI, eeef’s mandate remains unchanged, with a continued focus on sustainable investment strategies. The fund currently holds a diversified portfolio of 16 active investments spread across 10 countries, representing over EUR 170 million in deployed capital. The projects in the portfolio cover a range of applied technologies, including LED street lighting, efficient heating, ventilation, and air conditioning (HVAC) systems, electrified transportation, building retrofits, and distributed solar photovoltaic (PV) generation. Classified under Article 9 of the Sustainable Finance Disclosure Regulation (SFDR), eeef is firmly committed to delivering sustainable investments that contribute to Europe’s climate and energy transition goals. Giorgio Chiarion Casoni, Director for Investment in DG Internal Market, Industry, Entrepreneurship and SMEs at the European Commission, said in a statement, “The eeef plays a vital role in helping European cities and communities transition to a low-carbon future. We welcome the appointment of SUSI Partners as the portfolio manager of the fund and are confident that their specialised expertise and strong track record are perfectly suited to achieving the fund’s objectives for the benefit of all stakeholders.” Alexander Hunzinger, Co-CIO at SUSI Partners, stated, “With over a decade of experience in credit-financing efficiency improvements to existing infrastructure and other energy transition applications, we are ideally positioned to ensure a seamless transition in the management of eeef. We highly appreciate the trust provided to us and look forward to continuing the deployment of the fund’s capital into profitable and impactful projects that benefit both communities and investors.” In addition to SUSI Partners’ appointment as portfolio manager, Alter Domus Management Company SA has been designated as eeef’s Alternative Investment Fund Manager (AIFM), ensuring robust governance and regulatory compliance for the fund’s ongoing operations. |