Swiss Re closes European Clean Energy Fund

Global reinsurer Swiss Re has announced the successful close of the European Clean Energy Fund, one of the largest funds of this type in Europe.

The fund, a UN accredited investment vehicle, provides capital to European clean energy projects, which are environmentally beneficial, generate carbon credits or tradable renewable energy certificates.

The European Clean Energy Fund raised €329million from institutional investors in Europe, Canada and the United States. It provides mezzanine and equity capital to a host of environmentally-friendly initiatives, including wind, solar, hydro-electric, geothermal and waste-to-energy projects.

Swiss

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