Alpha Real Capital has announced that Wind Renewables Income Fund (WRIF) has secured a GBP80 million (US$111 million) follow-on subscription from existing investors, such as the Towers Watson Secure Income Fund and Yorkshire & Clydesdale Bank Pension Scheme, but also with new investment from Croda Pension Scheme. 

WRIF invests predominately in sub 5MW onshore Feed-In Tariff (FIT) wind assets in the UK, providing UK pension fund investors with secure inflation-linked income and with a current duration in excess of 20 years. Once fully invested, the Fund will deploy GBP180 million (US$250 million). It is expected to generate 90MWh annually of clean energy, which will power approximately 29,000 homes.