Finance Fund
Investing in the energy transition with stability, long-term contracts, and infrastructure-backed assets.
Investment Strategy
The Finance Fund is a venture capital fund focused on financing infrastructure in the renewable energy sector, with an emphasis on assets offering operational stability, technological maturity, and long-term power purchase agreements (PPAs) that ensure predictability and security of cash flows.
The strategy aims to accelerate Portugal’s energy transition by mobilising private capital into projects that are either operational or at an advanced stage of development, aligned with the objectives of decarbonisation, energy independence, and territorial cohesion. Portfolio construction prioritises technological diversification, contractual robustness, and a favourable regulatory framework.
The Fund primarily invests through debt or hybrid instruments, with contractualised remuneration and collateral linked to the underlying asset, promoting a disciplined and risk-mitigated approach.
Main areas of activity:
- Solar photovoltaic generation: financing projects for the installation or expansion of solar parks under long-term power purchase agreements;
- Energy storage: supporting the deployment of battery systems that enable supply stabilisation and optimisation of renewable production;
- Other energy infrastructure: initiatives with technical and financial feasibility and a stable contractual framework, integrated into the energy transition strategy.
Key Indicators
- Fund Type Closed-End
- Target Fund Size €100 million
- Fund Launch 2023
- Investment Horizon 10 years (with a 5-year investment period)
- Expected Annual Return 4%
- Estimated Annual Distribution 8%, from the 2nd year onwards
- Estimated Number of Investments 8 to 12
- Average Ticket Size per Investment €6–12 million
- Minimum Subscription Amount €100,000
- ISIN PTBLWSIM0012
