Schroders adds energy transition LTAF

Schroders Greencoat has announced the launch of their Global Renewables+ Long-Term Asset Fund.

Schroders say the fund is the UK’s first LTAF exclusively dedicated to renewable energy and energy transition infrastructure. The fund will target infrastructure including wind and solar assets, hydrogen, heating and storage supporting energy transition across the UK, US, and Europe.

Duncan Hale, Portfolio Manager at Schroders Greencoat, said, “We are pleased to be introducing this groundbreaking LTAF, which, will offer investors a powerful combination of strong returns potential with a unique risk profile, while directing essential capital towards decarbonising and electrifying our energy sources.

“This new LTAF reflects Schroders Greencoat’s consistent track-record of being at the forefront of innovative private market offerings, which in this case also includes a diversified portfolio base. Alongside wind and solar, a dedicated portion of this portfolio also taps into newer technologies associated with energy-transition-related infrastructure, like hydrogen and district heating, which have the potential to generate superior returns across a longer period.”

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