Pioneer Point Partners, the specialist sustainable infrastructure investment firm, has reached a final close of €575m on its maiden institutional fund, Pioneer Infrastructure Partners.
The Fund is targeting a 15+% IRRover a ten-year term, including an annual cash yield of 4-6%, through a diversified portfolio of 8 to 10 investments.
Since the first close in December 2020, The Fund has committed €120m in two investments, including €60m to Stream BioEnergy Limited, a developer and operator of biogasplants in the Republic of Ireland and Northern Ireland, and €60m to Altano Energy, which is building a renewable energy portfolio in Spain.
Read more: Renews
