- Qualitas Energy ends its renewables fund for investments in renewable energy and infrastructure.
- This energy Fund (QE V) attracted over 800 investors globally, including over 30 new institutional investors.
Spanish renewables investor Qualitas Energy today announced the end of its latest flagship renewables energy fund, amassing nearly EUR 2.4 billion (USD 2.54bn). This fund is for investments in renewable energy and infrastructure. According to a statement released today, the over-subscribed Energy Fund V (QE V) had an initial target size of EUR 1.6 billion and eventually exceeded its hard cap of EUR 2.3 billion.
Also, it has been described as the most prominent private markets fund in Spain and one of the most significant renewable energy funds in Europe. The Qualitas Energy Fund (QE V) attracted over 800 investors globally, including over 30 new institutional investors. It also saw strong participation from the management team. The new fund targets investments in renewable energy assets in operation and development.
This includes assets with repowering potential and other infrastructure projects enabling the energy transition, mainly in Europe. The bets will specifically focus on Germany, where Qualitas seeks to expand its portfolio to over 6 GW capacity within the next few years. At the same time, they have already completed several deals. QE V has facilitated entry into the Latin American market by acquiring a run-of-the-river hydro plant and a solar PV portfolio in Chile, which resulted in a new office in Santiago.