Private Equity Infrastructure

Impax is one of the longest established private equity fund managers in the large and rapidly growing renewable energy sector. The company manages two private equity infrastructure funds that follow an industrially-focused value-add strategy, investing in renewable power generation and related assets.

The funds we manage:

  • Impax New Energy Investors is a €125 million fund which reached final close in August 2006.
  • Impax New Energy Investors II (NEF II) aims to extend the activities in of Impax New Energy Investors with a similar investment focus. NEF II, which reached final close in August 2011, has €330 million of capital commitments and has a diversified investment portfolio in six countries, with some realisations achieved to date.  
  • The two funds invest in projects and growth companies owning multiple projects across Europe. We back companies that use commercially proven technology, and expect that most of the funds' capital will be deployed in the wind and solar sectors. Our team has relevant sector experience going back to the 1980s, and the team has recently closed transactions in France, Germany and elsewhere in the EU.
  • Our investors come from the UK, as well as the rest of Europe, with some Asian and US investors as well.