Press Release June 05, 2019

Glennmont Partners Raises €850 Million for Clean Energy Fund III

The London Private Investment Funds team advised Glennmont Partners on the successful closing of its Fund III, which has raised €850 million to invest in clean energy infrastructure projects in Europe. It is the largest amount that has ever been raised for a green energy only fund with a pan-European mandate. Fund III exceeded its target size (originally €600 million) as a result of a high level of interest in sustainable energy among investors globally, and due to the demonstrated success in investment, operations and divestment in the assets of Funds I and II.

Glennmont Partners is one of Europe’s largest fund managers focusing exclusively on investment in clean energy infrastructure. They raise long-term capital to invest in alternative power generation projects, such as wind farms, biomass power stations, solar parks and small-scale hydro power plants.

The Goodwin team was led by partners Michael Halford, Alexandrine Armstrong-Cerfontaine and Laura Charkin and associates Simon Prosser, Oana Millich and Allison Walsh, with assistance from partners Janet Andolina and Simon Fulbrook, counsel Glynn Barwick and associates Eliza Reed and Ed Saunders.

For additional details on the closing, please read the press release.