Schroders Greencoat, the specialist renewables and energy transition infrastructure manager of Schroders Capital, has unveiled a Global Energy Infrastructure Long-Term Asset Fund (LTAF). This is the first energy transition infrastructure-focused LTAF available to wealth clients, and was launched in response to what the manager called a “growing demand for climate solutions”. The new LTAF will be a feeder fund into the Schroders Capital Semi-Liquid Energy Transition Fund, launched in January 2024, which invests globally and offers exposure to more than 160 individual assets. This includes large scale wind farms, solar parks and other infrastructure supporting the energy transition, such as green hydrogen, battery storage, district and industrial heating. Schroders Greencoat has £9.3 billion (US$11.7 billion) in AUM and has made investments in the UK, Europe, US and Asia. Last February, Schroders Greencoat released the UK’s first LTAF dedicated to renewables and energy transition infrastructure, Schroders Greencoat Global Renewables+. “This launch will provide UK wealth investors access to critical renewables such as wind and solar assets, as well as newer parts of the market like green hydrogen, where Schroders Greencoat has been actively pursuing opportunities, now financing around a third of projects initially approved through the UK’s green hydrogen program,” said Duncan Hale, Portfolio Manager, Schroders Greencoat. “We’re pleased to further unlock access for a broader investor base, and channel new streams of essential capital towards decarbonising and electrifying our energy sources.”
