Swiss fund manager SUSI Partners has launched its new energy efficiency and transition credit fund (SEETCF).

The SEETCF is SUSI’s third energy efficient fund and will be established by the same team that delivered the first two.

The fund invests in energy efficient measures, on-site production of clean energy, and solutions enabling clean energy use.

The aim is for the SEETCF to contribute towards climate change mitigation while supporting the long-term development of economies through building sustainable infrastructure and the provision of clean and affordable energy.

While SUSI’s credit platform originally focused on traditional energy efficiency measures such as LED streetlighting and building retrofits, its structured financing solution is now applicable to more energy transition themes including heat pumps and smart metering.

As a result, the SEECTF aims to build a diversified portfolio across a range of investment opportunities the energy transition offers.

It is set to run for 15 years with a target of investing EUR400 million.

SUSI Partners is a Swiss fund manager founded in 2009 with offices in Switzerland and Singapore. It specialises in sustainable energy infrastructure investments with EUR1.7 billion in capital commitments from institutional investors.