Arcano raises EUR292m for infrastructure fund

Arcano Capital has raised EUR292 million for its sustainable infrastructure fund.

The Arcano Earth Fund is a Spanish fund of funds that invests in sustainable infrastructure in Europe and North America, focusing on the energy transition, water, digital infrastructure, and sustainable transport sectors. To date, the Fund has already deployed over 86 per cent of its capital to 18 investments, 13 of which are investments in funds and five of which are direct co-investments.

Pierre Sáenz, Managing Director of the Fund, says: “We are extremely pleased with the outcome of our fundraising and the strong support from our investors. The market timing is favourable for sustainable infrastructure investments and our fund is well-positioned to capitalsze opportunities in our target sectors. Post-Covid-19 stimulus packages and industry megatrends (energy transition and digital infrastructures) will enable AEF to deliver long-term value to our investors.”