Radiant Fund announces the acquisition of a solar PV portfolio and

Transcript

Radiant Fund announces the acquisition of a solar PV portfolio and
Radiant Fund announces the acquisition of a solar PV portfolio
and Cash on Cash distribution above 10%
London, June 22st 2016
Radiant SICAV-SIF, through its sub-fund Radiant Clean Energy announces the acquisition of a solar PV
portfolio from EAM Solar ASA, listed on the Oslo Stock Exchange. Radiant, through its subsidiary Renewable
European Investment Italy 2 - REI II S.r.l., completed the transaction benefiting from the expertise of its
investment advisor Green Arrow Capital.
The acquisition - the fourth made by the Fund in less than 12 months - represents a further step in the
Fund’s strategy focused on the acquisition, optimisation and aggregation of medium-scale solar PV plants in
Europe. Radiant continues its €500Mln target investment program in renewable energy
infrastructures, characterized by an industrial oriented investment strategy.
"Radiant continues its acquisitions’ program, bringing the portfolio to approximately 20MW and 45Mln of
AUM. The first distribution yield is the result of the Fund’s focused acquisition strategy as well as the assets’
optimisation, through active portfolio management" says Mr. Daniele Camponeschi, CIO and Partner of
Green Arrow Capital.
Radiant SICAV-SIF - Clean Energy Fund is managed by BGB Weston, a London based alternative investment
management firm, founded by Lorenzo Gallucci, with over €.1 Billion of assets. The Fund has the objective of
raising funds from institutional investors, pension funds and family offices.
Green Arrow Capital is a specialist in the renewables sector, with an extensive experience in investments
both in assets and energy efficiency that operates on a global scale with strong local execution capacity. The
multidisciplinary team of partners has been operating in the sector for the past 10 years and has invested
over €.2 billion. The founding members are Eugenio de Blasio, Board Member of AssoRinnovabili and former
CEO of a number of listed companies; Daniele Camponeschi, founder and CIO of a top european
independent power producer; Stefano Russo, former CEO of Renaissance Institutional Management and
managing director for Europe and Middle East of Morgan Stanley Investment Management; and Alessandro
Di Michele, the Group's CFO, who was executive director of the London Stock Exchange Group, CFO and
board member of all its italian subsidiaries.
For further information, please contact:
Green Advisory
Federica Lombardi
Phone: +39 06 94354400
Email: [email protected]
Transaction Advisors for Radiant
Legal: Orrick
Technical: Studio Tecnico BFP
Tax: PwC