ThomasLloyd’s Sustainable Infrastructure Income Fund (SIIF) has surpassed €100m in assets under management.
The SIIF is the world’s first fully regulated, open-ended public infrastructure fund, listed on the Luxembourg stock exchange’s Green Exchange, a dedicated platform for green, social and sustainable securities.
The SIIF invests directly in a diversified portfolio of privately held, sustainable infrastructure assets. These investments, in high growth and emerging markets, predominately in the Indian subcontinent and south-east Asia.
The portfolio consists of three operational biomass plants in the Philippines totalling 70MW, as well as three solar power plants in the Philippines totalling 80MW.
In India, ThomasLloyd has invested in six operational solar power plants, across four states with a total capacity of 234MW. Capacity for an additional 150MW is already funded.
The fund was awarded the LuxFlag Environment label within a year of listing, which is awarded by an independent expert panel and recognises the rigorous investment strategy by helping investors to identify funds that are true-to-label and genuinely make a positive impact on the environment and are invested in a socially and responsible manner.
The SIIF will also be compliant with article 9 of the Sustainable Finance Disclosure Regulation (SFDR) once it comes into effect on 10 March 2021.
The underlying investment strategy has a successful 10-year track record, and has delivered an annual performance exceeding 12% net of fees.
In 2020 the SIIF delivered 11.69%.