Midsized European Hydropower Assets
Real assets with long lifespan (>80 years)
Hydropower plants benefit from very long operating lives (>80 years) and stable cash flows, with low correlation to equity and bond markets.
The Climate Endowment Hydropower Fund provides unique access to a diversified portfolio of mid-sized European run-of-river hydropower plants. The fund invests in brownfield plants with the aim of expanding capacity as well as in new hydropower plants in Europe.
Hydropower is a highly efficient and mature technology with a highly untapped market forecasted to grow annually at >2.5% globally through 2030 (Source: IEA).
THE CLIMATE ENDOWMENT HYDROPOWER FUND TARGETS ANNUAL CO₂ REDUCTION OF MORE THAN 630,000 TONS
WHICH CORRESPONDS TO...
CO₂ emissions by
136,000
passenger vehicles driven per year.
CO₂ emissions through
0.2
coal-fired power plants in one year.
CO₂ sequestered by
800,000
hectare of US forests annually.
INVESTMENT COMMITTEE
Dr. Gilbert Frizberg
Former Chairman of the supervisory board at Verbund AG, the second largest hydropower operator in Europe, overseeing 15.1GW. Owner & CEO of the F-Energies Group, which operates hydropower plants since 1902. Former member of Parliament & spokesman in the Austrian Energy Legislation.
Dr. Günther Rabensteiner
Former COO and CTO at Verbund AG (board member), 42 years experience in construction and management of 165+ hydropower plants with 25GW/ 65TWh installed production capacity. Former chairman of the Exchange councils of EEX.
Markus Bodenmeier
30 years successful serial entrepreneur in various industries, co-founder of AQAL AG, a multi-family office for UN SDG plants and co-founder of Climate Endowment; private owner of renewable energy assets
Frank Trauboth
>20 years experience in Green Tec, former board member at GLS Beteiligungs AG and GLS Energy AG (GLS Bank), founder & managing partner at Envisory, a financial advisory focusing on renewable energy.
WHAT WE CAN OFFER
DEEP INDUSTRY NETWORK, SOLID RETURNS, LIMITED DOWNSIDE, CO₂ REDUCTION
DUAL TARGET
Targets high yields of 8% p.a. and favourable environmental effects, investment focussed on lower CO₂ emissions in the long term, better grid reliability and storage solutions than the average power plant.
MULTIDISCIPLINARY EXPERIENCED TEAM
Unique team of hydropower industry experts comprising of former Verbund AG board members and multi-disciplinary team of investment professionals, entrepreneurs and technical experts with active network in business, politics and science (EIF, KfW, IFC, Club of Rome, YPO, WEF, Project Drawdown, PIK).
DURABLE INFRASTRUCTURE INVESTMENTS
operational lifespan of >80 years; monopolistic business opportunity due to limited number of suitable sites and long-term power purchase agreements.
BENEFITS FROM EU CLIMATE TARGETS
EU climate targets favour the expansion of reliable renewable energy; brownfield plants (capacity expansions) have a positive impact on the environment and are receiving regulatory support.
POSITIVE CLIMATE IMPACT
Generating energy from hydropower produces only ~1% of the CO₂ emissions that are produced from energy production in the European Union average energy production mix. For each investment the external effects and relevant ESG factors are actively monitored.
LOW RISK
At least 50% to be invested into brownfield plants that have no construction risks & offer stable cash flows from the 1st day; at least 50% of the plants in Scandinavia and European Union; greenfield investments only if construction permits are in place.