Qualitas Energy, a global investment and management platform focused on renewable energy, energy transition and sustainability investments, has held the first close of its flagship fund QE V, which has a target size of €1.6 billion, at more than €1.1 billion.
This equals the entire fund size of QE IV and makes QE V one of the biggest renewable energy funds in Europe.
QE V will primarily invest across Germany, the UK, Spain, Italy, and Poland, targeting renewable energy assets in operation and under development, including assets with repowering potential, and infrastructure projects enabling the energy transition, such as batteries and other energy transition projects. This investment strategy is exemplified by QE V’s first investment, the acquisition of a controlling stake in UK-based bioenergy specialist Acorn. The use of biomethane is particularly critical in “hard-to-abate” sectors in the quest towards a global net zero economy and energy independence.
Campbell Lutyens is supporting Qualitas Energy with the fundraising for QE V as placement agent.
