Skip to content

Advertisement
OOPS. Your Flash player is missing or outdated.Click here to update your player so you can see this content.
Cleantech magazine, a Cleantech Investor publication
Sustainable Technologies Fund: Final Close PDF Print E-mail
First published in Cleantech magazine, September 2008. Copyright Cleantech Investor Ltd. 2008

Target: €58m

Swedish firm Sustainable Technologies Fund (STF) has called time on fundraising by closing its new cleantech vehicle on €58 million. Fund 1 LP took over a year to close following its launch in January 2007, with a target ranging between €50—60 million. LPs committing capital to the fund include the Sixth Swedish National Pension Fund and the Third Swedish National Pension Fund.

Investment focus

STF’s fund will typically target companies focused on the renewable energy, energy efficiency, renewable materials and green chemicals sectors and businesses active in recycling and purification technologies, with backing of €2 million to €7 million per business.  So far, the vehicle has already closed two deals, namely the participation in Swedbo Bioenergy in June 2007 and Suncore AB in June this year.

Contact:

André Heinz

Sustainable Technology Partners Nordic AB

Garvargatan 9C

SE-112 21, Stockholm

Sweden                      

Tel: +46 8 650 77 18

Fax: +46 8 789 29 39
 
[ Back ]