SUSI Partners acquires majority in Genera Group
SUSI Partners is the new majority owner of the Roman energy service provider Genera Group. For the Swiss fund manager with a focus on sustainable energy infrastructure, this is the first equity investment in the field of energy efficiency.
The Zug-based fund manager SUSI Partners has bought a majority stake in the Italian energy service provider Genera Group through its SUSI Energy Transition Fund. According to a press release from SUSI Partners, this is the first equity investment in the energy efficiency sector. It follows on from a longstanding business relationship between the two parties.
Genera Holding is headquartered in Rome. It is primarily active in Italy, but is expanding increasingly, also outside of Europe. The participation of SUSI and the associated long-term partnership guarantee financing security for the further expansion of the "already considerable project pipeline".
The SUSI Energy Transition Fund received capital commitments of 300 million euros in the first closing in July 2020. He invests in sustainable energy infrastructure to finance the energy transition.