SUSI Partners has secured EUR300 million (US$353.18 million) first close for its SUSI Energy Transition Fund (OECD) (SETF). The Fund is targetted for a total investment of EUR1 billion (US$1.177 billion).

SETF has raised commitments from pension funds, insurance companies, and other institutions from Australia, Germany, the Netherlands, Spain, Switzerland, and the UK. A substantial part of the fund’s investors is new to SUSI Partners.

The investment strategy of SETF builds on the firm’s successful 10-year track record in financing sustainable energy infrastructure, with an evergreen structure enabling continuous and long-term investments that help decarbonize energy production, enhance the energy efficiency, and enable the use of clean energy.