Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of MRW, please enable cookies in your browser

We'll assume we have your consent to use cookies, so you won't need to log in each time you visit our site.
Learn more

Scottish Equity Partners launches renewable energy fund

Around £135m has been raised for a new infrastructure fund that will invest in small-scale renewable energy projects in the UK, possibly including energy from waste (EfW).

The Environmental Capital Fund has been launched by venture capital firm Scottish Equity Partners (SEP) and backed by energy company SSE and investment giant Lexington Partners.

The fund has been anchored with the acquisition of an existing SSE infrastructure business, SSE Pipelines, which provides low-pressure gas connections for residential and commercial customers across the UK.  

The fund will invest in renewable energy projects, such as hydro power, energy efficiency, heat pumps and district heating schemes. SEP said it could also consider EfW developments.

The firm noted that capital requirements for renewable energy are growing, driven by the need to replace “ageing traditional power assets”.

“The market opportunity for energy infrastructure finance is very attractive, and the new fund fits well with our existing activities,” said SEP managing partner Calum Paterson (above).

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.