IPE Staff, IPE Real Assets
Swiss investment manager SUSI Partners has joined forces with Free Energia to finance energy efficiency projects in Italy.
SUSI, on behalf of its energy efficiency funds, has agreed with the energy management firm to initially finance up to €10m of projects. The projects will include LED street lighting, rooftop solar PV, and combined heat and power plants.
The duo said they have closed the financing of a portfolio consisting of three on-site energy generation projects with corporates and two street lighting projects with municipalities.
Stefano Fissolo, transaction manager at SUSI, said: “We are proud to kick off this partnership with Free Energia and are looking forward to expanding the initial volume to fund a project pipeline over the next years.