Obton presents one of Europe’s biggest solar funds to date with sustainable investments totalling EURO 1,6 billion

The interest in sustainable investments continues to grow and the formation of Obton’s latest solar fund “Impact” provides Danish investors with even more opportunities to make green investments.

“Our newest solar fund will include investments in solar parks worth EURO 1,6 billion (DKK 12 billion) and give investors an opportunity to place their money in a completely green product that will benefit both them and society. Many European countries are lagging behind the EU climate targets, and solar energy is an obvious choice for greener energy production. This is where private investment fits in perfectly and helps push the world in a more sustainable direction,” explains Oliver Peters, Investment Director, Obton.

Green power company
“Impact” is a green power company which owns solar parks in a number of countries, such as Germany, Ireland, France and the Netherlands, and generates green power from solar parks for consumers. A small part of the portfolio will comprise solar parks in North America and Asia where the interest in solar energy is sharply rising at present. The project appeals to professional and semi-professional investors and has an expected equity capital of EURO 401 million (DKK 3 billion).

“Obton has been on the solar energy market for more than a decade, making it one of the first players in the sector. Whereas ten years ago we had to spend time convincing both countries and investors of solar energy’s benefits, we are seeing a completely different interest in this area today. The enormous international awareness of the climate emergency and of the necessity of switching to sustainable power production – together with plunging module prices – has prompted tremendous growth in the solar energy sector in many parts of the world, and we have great expectations for the years ahead,” Oliver Peters says.

Global megatrend
Obton is already experiencing enormous interest in this new solar fund, which replaces Obton’s previous fund “Stabil” (after it raised more than EURO 267 million (DKK 2 billion) and established solar parks worth EURO 1 billion (DKK 8 billion) in eight countries).

“More and more investors are realising that you don’t have to comprise on the return even if you want to make a green investment. Today, sustainability is big business, which is not only true of solar energy. We’re seeing a megatrend with a market potential that exceeds all expectations time and time again,” Oliver Peters says. 

About Impact
Obton’s latest solar fund targets professional and semi-professional investors.
It will contain investments in solar parks for EURO 1,6 billion (DKK 13 billion).
It comprises solar parks in countries such as Germany, Ireland, France and the Netherlands.
A small part of the portfolio will be made up of solar parks in North America and Asia.

 

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