LONDON: Fund manager Glennmont Partners said on Monday it had established a joint venture with PGGM Infrastructure Fund to manage a portfolio of Italian renewable energy assets. The new company, called Green Energy Management Services, will develop, build and operate large portfolios of clean energy assets across Italy. It will begin operations with around 400 […]
Glennmont to take 25% stake in German offshore wind project
LONDON: Fund manager Glennmont Partners will take a 25% stake in the Gode Wind 1 project off the coast of Germany, it said on Monday, marking its first investment in offshore wind. London-based Glennmont has 2 billion euros ($2.3 billion) of assets under management and already invests in renewable projects such as onshore wind and […]
Glennmont Smashes Hard Cap Target For Clean Energy Fund III Raising €850m
LONDON: Glennmont Partners has successfully raised €850m at the final close of its Third Fund investing in clean energy infrastructure projects in Europe. It is the largest amount that has ever been raised for a green energy only fund with a European mandate. The over-achievement of the target for Fund III (originally €600m) was achieved […]
