Eneris Group comprises a fund manager (AIFM or Alternative Investment Fund Manager) - a Luxembourg law vehicle named
Transition Capital S.A.
– prior to renaming Eneris Capital Management S.A. – registered by the Luxembourg regulator CSSF
Eneris SICAR S.C.A. will consist of several compartments – in the fall of 2024 it will launch its first compartment: Energy Transition (article 9, 12-plus-2-year fund) which will invest in three business segments:
-
Waste-to-energy -
District heating and cogeneration -
Renewables combined with energy storage
Eneris SICAR S.C.A. has been developing a pipeline of ventures fulfilling the following criteria:
- Businesses operating in regulated environment or benefitting from contractual arrangements
- Predictable, stable cash flows
- Asset intensive businesses
- Proven technology
- High barriers to entry
- Meeting target IRR
Investment opportunities are currently secured through the link with Eneris Group, recognized as one of the top available investment platforms in this market sector in Central Europe.
Eneris Group provides access to an experienced team, a good pipeline, and significant synergies with other business segments.
If the life cycle of Eneris SICAR S.C.A. compartments fluctuates between 12 and 14 years, then for longer term investments in broad infrastructure related businesses ETC is currently designing an ELTIF fund (European Long Term Investment Fund).