Alpha Real Capital has launched a new fund that focuses on medium size wind energy investments. The Wind Renewables Income Fund (WRIF) will predominantly invest in sub 5 MW onshore wind assets in UK with a target size of £150-200 million (US$253.1 million) in equity. During the first close of the Fund, it has secured an investment totalling GBP100 million (US$126.56 million) from two investors - Towers Watson Secure Income Fund, a multi-manager fund managed exclusively for UK pension funds, and the Yorkshire and Clydesdale Bank Pension Scheme.
WRIF has recently acquired two portfolios consisting of four operating assets with a total value in excess of GBP11 million (US$13.92 million).
WRIF is part of Alpha’s renewables platform and Alpha’s wider stable of CDI assets including UK ground rents, long lease property and social long income.
Alpha is an investment services group focussed on income security from real assets. We invest in asset-backed income from real estate, infrastructure, and lending, with an emphasis on long income and inflation protection.