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Prime Capital holds final close of Prime Green Energy Infrastructure Fund at EUR586m

Prime Capital, an independent asset manager and financial services provider based in Frankfurt, has held the final close of its sustainable multi-investor infrastructure fund Prime Green Energy Infrastructure Fund (PGEIF) with total commitments of EUR586 million, significantly exceeding its target volume of EUR500 million.

Prime Capital, an independent asset manager and financial services provider based in Frankfurt, has held the final close of its sustainable multi-investor infrastructure fund Prime Green Energy Infrastructure Fund (PGEIF) with total commitments of EUR586 million, significantly exceeding its target volume of EUR500 million.

The fund was launched in June 2020 and focuses on onshore wind power in Scandinavia. 

PGEIF is the first infrastructure equity fund to receive a second party opinion from Sustainalytics, a specialist in ESG research, ratings and analysis. The fund also met the strict requirements of the EU’s Sustainable Finance Disclosure Regulation (SFDR), introduced last year, and was classified as an impact fund (Article 9) as it invests in sustainable business activities that also comply with the EU taxonomy.

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