Skip to main content

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.

Related Content

  • M6 Toll road ‘could open for free’ to ease congestion
    June 27, 2013
    The UK’s underused M6 toll road could be opened free to drivers stuck in congested traffic on the M6, it has been revealed. Toll road operators Midland Expressway have reportedly offered to clear the path to help relieve traffic jams on the M6 if the Government releases it from its commitment to part-finance the M54 link road. The company, a subsidiary of Australian company Macquarie Atlas Roads, has debts of £1.03 billion, which mature in 2015, and as part of its 50-year concession agreement would have to
  • EBRD investment to modernise Serbia's railways
    March 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is continuing to support the modernisation of Serbia’s transport infrastructure and promote further reform of the rail sector with a sovereign-guaranteed loan of up to €95 million (US$125 million) to the Serbian Railways company.
  • Capital markets financing can bridge the infrastructure gap, says EBRD
    April 18, 2016
    Capital markets financing for infrastructure projects can help bridge the infrastructure gap, President of the European Bank for Reconstruction and Development (EBRD) Sir Suma Chakrabarti told the inaugural Global Infrastructure Forum 2016 in Washington. Addressing development partners, Sir Suma said: “Emerging markets and development economies, supported by the multilateral development banks, need to re-double their efforts to create the right conditions for capital market transactions for infrastructur
  • Making the most of Michigan
    January 9, 2018
    Michigan DoT’s Kirk Steudle takes time out from the ITS World Congress in Montreal to talk to Colin Sowman. Thirty years ago, a professional engineer named Kirk Steudle joined Michigan Department of Transportation (MDoT). Today he’s the state transportation director, responsible for more than 16,000km (10,000 miles) of state highways (including 4,000 bridges), some 2,500 employees and a budget of more than $4 billion. We caught up with Steudle during the ITS World Congress in Montreal and asked how he