Posts Tagged ‘SSE’

Keeping the Lights On

Monday, March 6th, 2017
Keeping the Lights On

Keeping the Lights On

Hot on the heels of World Book Day, Keeping the Lights On is a children’s book aimed at 4-7 year olds, about where energy comes from. The book has been produced in aid of Children 1st, Scotland’s national children’s charity, with all proceeds going directly to the charity. (more…)

SEP Launches Infrastructure Fund

Monday, September 1st, 2014

£135 million raised to invest in UK energy projects
GLASGOW (UK), 1 September 2014 – Scottish Equity Partners (SEP) announces that it has raised £135 million for a new infrastructure fund to invest in UK-based clean energy projects.
The Environmental Capital Fund (ECF) has been backed by SSE plc, the FTSE 100 energy company, as well as a syndicate of financial investors led by Lexington Partners, the world’s largest independent manager of secondary private equity and co-investment funds.
The fund has been anchored with the acquisition of an existing SSE infrastructure business (SSE Pipelines), which provides low pressure gas connections for residential and commercial customers across the UK.
SEP will use the balance of the fund to invest in a diversified portfolio of new, UK-based, clean energy infrastructure projects – such as hydro power, energy efficiency, heat pumps and district heating schemes.
The UK clean energy infrastructure market is growing rapidly, with a substantial requirement for new capital. Demand for capital is driven by the need to replace ageing traditional power assets, to increase the cost competitiveness of renewable power, and the requirement for increased security of energy supply.
ECF marks the first move into the infrastructure market for SEP, but complements the Environmental Energies Fund (EEF) launched in 2011, which acquired a portfolio of venture capital and private equity cleantech investments from SSE.
SEP has recruited a new team to manage the fund, headed by existing SEP partner Gary Le Sueur.

(more…)


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