SUSI Partners Completes First Closing of Sustainable Investment Fund

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SUSI Partners AG completed the first closing of its SUSI Sustainable Euro Fund I for EUR 15 million.

This initial amount will allow the fund to finance European solar and wind projects totaling approximately EUR 75 million, the group said.


Tobias Reichmuth, CEO of SUSI Partners AG said he anticipates a second closing for March 2011 around EUR 40 million before our final closing December 2011, targeting EUR 100 million.

“This is a very noteworthy achievement for our fund--especially considering the difficult fund raising environment. We successfully reach our first closing after a mere four months of issuing, testifying investor confidence in our investment approach."