Zurich-headquartered SUSI Partners has been appointed portfolio manager of the European Energy Efficiency Fund (EEEF), a public-private investment vehicle which finances public energy efficiency projects across the EU. Backed by the European Commission and private institutional investors, EEEF aims to contribute to climate targets while promoting the resilience of public infrastructure by financing public-sector projects in energy efficiency, renewable energy, and clean urban transport. The fund seeks to invest in economically viable projects with a defensive risk profile to secure attractive risk-adjusted returns, offering institutional investors the opportunity to commit additional capital into the fund. SUSI Partners has invested in mid-market energy transition infrastructure investments for 15 years. The firm launched its first credit vehicle in 2014 and has since deployed over €700 million (US$764 million) into energy efficiency and other energy transition-related projects through its credit strategy. EEEF’s current portfolio consists of 16 active investments across ten countries, accounting for over €170 million of invested capital. Classified under Article 9 of the EU Sustainable Finance Disclosure Regulation, EEEF has invested in projects spanning LED street lighting, efficient HVAC systems, electrified transportation, building retrofits, and distributed solar PV generation. “The EEF plays a vital role in helping European cities and communities transition to a low-carbon future,” said Giorgio Chiarion Casoni, Director for Investment in DG Internal Market, Industry, Entrepreneurship and SMEs at the European Commission. “We welcome the appointment of SUSI Partners as the portfolio manager of the fund and are confident that their specialised expertise and strong track record are perfectly suited to achieving the fund’s objectives for the benefit of all stakeholders.”
