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Categories: infra structure

The recent UN IPCC report has noted, that the world urgently needs investment in efforts to respond to the climate challenge at speed and scale. In Europe alone, according to McKinsey, USD 28 trillion of investment will be needed to reach net zero.

Storebrand Infrastructure Fund invests in Germany's largest planned offshore wind farm

Storebrand Infrastructure Fund is pleased to announce the acquisition of an equity stake in He Dreiht, a construction-ready 960 MW offshore wind farm in the German North Sea. Storebrands strategic infrastructure partner, AIP, has formed a consortium with Allianz Capital Partners (ACP) and Norges Bank (NBIM) acquiring 49.9% of the project.

"The first quarter of 2022 was dominated by the war in Ukraine, with tragic scenes of suffering and loss incurred by victims.", Jan Erik Saugestad, CEO Storebrand Asset Management.  Photo Moen, Kristian Skalland

Storebrand Asset Management announces first quarter 2022 business update

Storebrand Asset Management generated net revenues of NOK 470 million in the first quarter of 2022, ending the period with NOK 1040 billion in Assets under Management (AuM). The quarter was marked by extreme market volatility as a fallout of the Russian invasion of Ukraine, which drove significant macroeconomic shifts, a rise in geopolitical tensions and a new regime of sanctions.

Jan Erik Saugestad, CEO of Storebrand Asset Management "We are delighted to be working with the East Sussex Pension Fund, who share our urgency to tackle climate risk and shift investments in the right direction".

​Storebrand wins £400 million climate mandate from East Sussex Pension Fund

– First UK pension fund client selects Storebrand Global ESG Plus strategy – Significant move for LGPS scheme to add a green revenue tilted fossil-free fund in its passive portfolio – Storebrand is delighted to announce that it has been awarded its first major UK pension fund mandate following a £400 million investment by the East Sussex Pension Fund (ESPF).

"Only forty percent of the global $14tn in alternatives industry AUM is managed by ESG-committed firms. A number we wish to contribute to increasing", Says Jan Erik Saugestad, CEO Storebrand Asset Management.

Strengthened alternative investment commitment to the European market

Storebrand Asset Management is proud to announce that the membership request for Storebrand Alternative Investments S.A. SICAV-RAIF has been approved by ALFI Board of Directors. - By adding alternatives to our ALFI membershipwe once again show our commitment to international clients with interest in sustainable investment strategies.

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