On the Continent, we have continued to observe strong performance of student housing assets. However, the latest academic year marked a material slowdown in operational performance for assets in the UK. Pricing in the sector has reflected changing fundamentals, as yields on the continent have remained stable or shown early signs of compression on a small number of markets, including Spain, Italy and Denmark.
Sosteneo SGR S.p.A. (“Sosteneo”) has acquired the remaining 50% interest in the 151 MW Mineo solar photovoltaic project1, located in the province of Catania, Sicily, Italy, from European Energy A/S (“European Energy”), a Denmark-based independent power producer.
Milan – Sosteneo, a specialist investment manager focused on clean energy infrastructure and part of Generali Investments, today announced the final close of its first flagship fund (Sosteneo Clean Energy Infrastructure Fund or “Fund I”), with more than two-thirds of the portfolio now operational. Fund I raised over €620 million in capital commitments, alongside €80 million in co-investment capital.