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Ecofin makes sustainable investment fund available to investors

News Team, 09/06/2022

Matt Breidert, senior portfolio manager, Ecofin

Sustainable investment firm Ecofin has made its global renewables infrastructure UCITS fund (EGRIU) available to investors, having launched it in December 2021.

The fund focuses on the movement of investments into renewable and clean electricity infrastructure to help reduce global CO2 emissions.

EGRIU invests in listed companies that own, develop, or operate renewable electricity technology plants and systems, as well as related infrastructure investments.

It aims to generate long-term total returns by investing in sustainable initiatives in low-carbon power generation assets. These are derived from a combination of capital appreciation over time.

Matt Breidert, a senior portfolio manager at Ecofin, said: “In contrast with electricity costs generated with conventional fuels, renewable and clean electricity costs remain in a structural downward trend and are a key element of the solution to the energy crisis the world is experiencing.

“This Strategy offers investors an opportunity to capitalize on the long shift towards clean electricity growing its share within the global energy mix.”

Ecofin currently has £7.5 billion assets under management, while the EGRIU fund is managing £18 million.

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