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UK finance house to invest in renewable energy projects

Following new research from specialist finance house Aurium Capital Markets (Aurium), which reveals that between 2014 and 2015, the number of pension schemes with investments in infrastructure increased by 36 per cent, the company has raised £270 million (US$385.5 million), which includes over £100 million (USS$143 million) from institutional pension funds. It is particularly targeting the pensions sector as it says it is increasing its exposure in infrastructure. Its analysis found 136 pension schemes
February 19, 2016 Read time: 2 mins
Following new research from specialist finance house Aurium Capital Markets (Aurium), which reveals that between 2014 and 2015, the number of pension schemes with investments in infrastructure increased by 36 per cent, the company has raised £270 million (US$385.5 million), which includes over £100 million (USS$143 million) from institutional pension funds.

It is particularly targeting the pensions sector as it says it is increasing its exposure in infrastructure.  Its analysis found 136 pension schemes with direct investment in infrastructure projects in 2014, which increased to 185 in 2015.  Those schemes identified as investing in infrastructure last year included Australian Government Future Fund; Canadian Forces Pension Plan, John Lewis Partnership; Pensionskasse Post; Ontario Municipal Employees Retirement System and The Pension Protection Fund.  
 
According to Aurium Capital Markets partner Steven Blase, the company is seeing more and more pension schemes investing in infrastructure, and it believes green energy projects here are very attractive for them.  Not only do they improve the ‘green’ impact of their portfolios, they can pay an attractive return and there is very little correlation with mainstream asset classes.

Aurium has already helped raise £200 million (US$286 million) to help build and acquire a portfolio of major biomass and Energy from Waste (EfW) plants in the UK, and is looking to raise further funds for more projects in this area.

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