Backed by the European Commission and private institutional investors, eeef aims to contribute to climate targets while promoting the resilience of public infrastructure by financing public-sector projects in the areas of energy efficiency, renewable energy, and clean urban transport.
The fund targets to invest in economically viable projects with a defensive risk profile to secure attractive risk-adjusted returns and offers institutional investors the opportunity to commit additional capital into the fund.
SUSI was selected as portfolio manager based on its extensive track record in financing energy transition infrastructure. Active for over 15 years with a sole focus on mid-market energy transition infrastructure investments, SUSI launched its first credit vehicle in 2014 and has since deployed over €700 million into energy efficiency and other energy transition-related projects through its credit strategy. Its proven ability to deliver strong risk-adjusted returns while driving measurable CO₂e emission reductions is fully aligned with eeef’s core objectives.
SUSI’s appointment ensures continuity for the fund and marks an opportunity to accelerate capital deployment through SUSI’s deep sector expertise and long-standing networks in Europe’s mid-market energy transition infrastructure segment. Importantly, eeef’s mandate remains unchanged, with SUSI’s capabilities ideally suited to deliver on its mission.
The fund’s current portfolio consists of 16 active investments across 10 countries, accounting for over €170 million of invested capital. With applied technologies spanning LED street lighting, efficient HVAC systems, electrified transportation, building retrofits, and distributed solar PV generation, eeef delivers sustainable investments and is classified under SFDR Article 9.
Giorgio Chiarion Casoni, Director for Investment in DG Internal Market, Industry, Entrepreneurship and SMEs at the European Commission, said, “The eeef plays a vital role in helping European cities and communities transition to a low-carbon future. We welcome the appointment of SUSI Partners as the portfolio manager of the fund and are confident that their specialised expertise and strong track record are perfectly suited to achieving the fund’s objectives for the benefit of all stakeholders.”
Alexander Hunzinger, Co-CIO at SUSI Partners, commented, “With over a decade of experience in credit-financing efficiency improvements to existing infrastructure and other energy transition applications, we are ideally positioned to ensure a seamless transition in the management of eeef. We highly appreciate the trust provided to us and look forward to continuing the deployment of the fund’s capital into profitable and impactful projects that benefit both communities and investors.”
In addition to SUSI Partners’ selection as portfolio manager, Alter Domus Management Company SA has been appointed as eeef’s Alternative Investment Fund Manager.
