Kobus Renewable Energy III FCR may invest in companies that are active in the power generation sector using solar photovoltaic or wind power technology, or that own electricity production, transformation or distribution facilities that use solar radiation or wind power as their primary source of energy.
The investment objective of the Fund shall be companies owning assets or projects under development, construction or operation which meet the following main characteristics:
Power generation assets using solar photovoltaic or wind power technology
Assets transforming or distributing energy produced through the use of solar photovoltaic or wind power technology
That have passed a due diligence process certifying that their processing and permits have been obtained in accordance with good industry practice
With the objective of obtaining an annual internal rate of return (IRR) for participants equal to or greater than nine per cent (9%), with the highest possible coverage of the main business risks
In terms of geographic areas of investment, the Fund’s objective is to invest in projects located in Spain, Italy and Portugal
Fund Sheet
| Fund size¹ | €130 millions |
| Launch date | 2020 |
| Asset class | Equity, alternative investment |
| Number of investments² | 7-10 |
| Installed capacity³ | 500 MW |
| Technologies | Solar photovoltaic and wind |
| Status | Capital raising / investment phase |
| Legal structure | Private equity fund |
| Address | Spain |
| Management company | Kobus Partners Management SGEIC, S.A. |
| ISIN | Class A1: ES0156547004 Class A2: ES0156547012 Class B1: ES0156547020 Class B2: ES0156547038 |
| Auditor | PwC |
| Custodian | Cecabank |
| Contact | participes@kobuspartners.com |
| Documentation for investors | KID (PDF document) |
(2) Number of target investments of the vehicle (in co-investment with KRE IV SCR)
(3) Target installed capacity of the vehicle (in co-investment with KRE IV SCR)