London 2 November 2017: Capital Dynamics, an independent global asset manager, has announced that its Clean Energy Infrastructure (CEI) team has acquired and launched commercial operations of two of the last UK onshore windfarms to receive the UK Renewables Obligation subsidy.
With a combined capacity of 21MW, the Airfield and Red Gap windfarms are the latest additions to the UK team’s rapidly expanding portfolio and cements its position as one of the largest independent managers of operating onshore wind in the region.
Over the past year, Capital Dynamics has onboarded a further six projects across England and Scotland bringing its total UK onshore wind portfolio to 16 individual projects.
Simon Eaves, head of the European Capital Dynamics CEI business, says, “With the support of our development partners, we have demonstrated a strong track record in managing construction and bringing mid-market renewables assets to full operations before the expiry of the UK subsidy regimes. We look forward to continuing to leverage our expertise in developing and managing renewables investments for the long term as we enter a subsidy-free world”.
The team’s European strategy and investments complement the activity of the team based in the US which has invested in over 1.5 GW of solar projects since last year. Their combined strength has positioned the Capital Dynamics Clean Energy Infrastructure team as one of the largest specialized renewable investment managers in the world with over USD 3.5 billion in AUM, 3.1 GW capacity in its current portfolio and one of the longest track records in the space today (all figures as of October 2017).
About Capital Dynamics Clean Energy Infrastructure
Capital Dynamics’ Clean Energy Infrastructure (“CEI”) team holds extensive expertise in investing, financing, owning and operating conventional and clean energy businesses globally. Established to capture attractive investment opportunities in this class of real assets, Capital Dynamics’ CEI mandate is to invest directly in proven clean energy technologies – such as solar, wind, biomass, conventional gas generation and waste gas-fueled power generation – across the globe. Since the establishment of Capital Dynamics’ CEI business, the CEI team has acquired, built and now manages 3.1 GW (as of October 2017) of clean energy capacity in North America and Europe.
About Capital Dynamics
Capital Dynamics is an independent, global asset manager, investing in private equity, private credit and clean energy infrastructure. We are client-focused, tailoring solutions to meet investor requirements. The Firm manages investments through a broad range of products and opportunities including separate account solutions, investment funds and structured private equity products.
Our investment history dates back to 1988. We believe our experience and culture of innovation give us superior insight and help us deliver returns for our clients. We invest locally while operating globally from our London, New York, Zug, Tokyo, Hong Kong, San Francisco, Munich, Birmingham, Seoul and Scottsdale offices.
Capital Dynamics comprises Capital Dynamics Holding AG and its affiliates. Capital Dynamics, Inc. is a registered investment advisor with the U.S. Securities and Exchange Commission (“SEC”). Capital Dynamics Broker Dealer LLC. is a registered broker dealer registered with the SEC and is a member of the Financial Industry Regulatory Authority. Capital Dynamics Limited is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. For residents of the UK, this information is only directed at persons who have professional experience in matters relating to investments or who are high net worth persons, as those terms are defined in the Financial Services and Markets Act 2000. This press release is not an offer of securities for sale. Securities may not be offered or sold in the United States absent registration or an exemption from registration. The information herein should not be considered investment advice and is not intended to substitute for the exercise of professional judgment.