Following the recent launch of its new £135 million infrastructure fund, Scottish Equity Partners (SEP) has announced that Peter Bachmann and Andy Low have joined the firm as Director and Principal respectively.

Both will work exclusively on the Environmental Capital Fund (ECF) with a key focus on originating and executing new investments along with fund management.

Peter was previously co-founder and director of the Environmental Infrastructure Development Company (EIDC) and brings significant specialist infrastructure investment and fund management experience from previous roles including at Secondary Market Infrastructure Fund (SMIF) and Land Securities Trillium. Andy was a partner with Melville Financial Partners LLP where he specialised in the provision of project finance advice for the renewable energy sector. A qualified chartered accountant, Andy was with PwC before moving into structured finance roles with Morgan Stanley.

Calum Paterson, Managing Partner of SEP said:

'We are delighted to welcome Peter and Andy to the team at SEP. ECF is another significant fund for us and bringing on board two such seasoned specialists should enable us to quickly identify attractive opportunities for investment within the small scale clean energy infrastructure market.'

Peter will be based in SEP's London office while Andy will primarily work out of Glasgow.

The fund has been backed by SSE plc, the FTSE 100 energy company, as well as a syndicate of financial investors led by Lexington Partners, the world's largest independent manager of secondary private equity and co-investment funds.

The fund has been anchored with the acquisition of an existing SSE infrastructure business. SEP will use the balance of the fund to invest in a diversified portfolio of new, UK-based, clean energy infrastructure projects - such as hydro power, energy efficiency, heat pumps and district heating schemes.