The Solas Sustainable Energy Fund ICAV targets energy efficiency investments and has closed at €140 million. The European Investment Bank (EIB), one of the continent’s largest climate financers committed €30 million to the Solas fund via its Strategic Investments European Fund.  

Solas Capital’s new fund has also signed an agreement with the Private Finance for Energy Efficiency (PF4EE) support scheme, which is led by the European Commission and the EIB.  

The fund is advised by Solas Capital AG. 

Source: https://www.privateequitywire.co.uk/2022/02/22/312302/solas-capital-holds-first-close-solas-sustainable-energy-fund-icav-eur140m