ITALY – EstCapital launches first closed-end alternative energy fund
Asset management firm EstCapital Sgr has launched RealEnergy, the first closed-end fund investing in photovoltaic and alternative energy sources in Italy.
The fund is a one of a family of new infrastructure investment and real estate vehicles managed by EstCapital. The fund will invest mainly in property rights over infrastructure dedicated to the generation of energy from renewable sources. The fund should start operating in September.
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