Fund Solutions

AllianzGI Raises €220 Million for Energy Transition Debt Fund

Allianz Global Investors (AllianzGI) has announced the first close of its Allianz Global Infrastructure and Energy transition Debt Fund (AGIETD) at €220 million (US$216.4 million). The AGIETD was launched in mid-January, and is the first of its kind for the firm after raising several billion for renewables and impact investing strategies. It will be classified as an Article 8 fund under the EU’s Sustainable Finance Disclosure Regulation (SFDR). The AGIETD aims to provide investors with diversified access to infrastructure and energy transition assets across multiple vintage years, managers, sectors and geographies, and along the capital structure. Alexander Schmitt, Senior Portfolio Manager at AllianzGI, said: “The safety of energy supply and the energy transition are in focus today. Private investors can play a vital role here. AllianzGI can look back on a long track record of investing into infrastructure, renewables and debt funds. We are delighted that we can offer institutional investors with our first dedicated energy transition fund the opportunity to drive the path towards decarbonisation while aiming to generate stable and attractive cash yields.”

The practical information hub for asset owners looking to invest successfully and sustainably for the long term. As best practice evolves, we will share the news, insights and data to guide asset owners on their individual journey to ESG integration.

Copyright © 2024 ESG Investor Ltd. Company No. 12893343. ESG Investor Ltd, Fox Court, 14 Grays Inn Road, London, WC1X 8HN

To Top