Energy Infrastructure Partners (EIP) has announced the final close for its Europe-focused energy infrastructure fund 2018. The fundraising was completed during the first half of 2021, raising total commitments from investors to over EUR1 billion (US$1.18 billion). 

More than 40 institutional investors in Europe and Asia have committed to the fund, including pension funds and insurance companies. European Energy Infrastructure fund is already over 75% allocated or invested, with a portfolio across investment-grade Europe. It comprises Nordic onshore wind farms, an offshore wind farm in Germany, as well as concentrated solar power plants in Spain and photovoltaic power stations in Italy and Slovakia.

The Fund has a duration period of 25 years with a possible five-year extension.