Another day, another Octopus initiative. This one give pension schemes and private wealth investors a new way to invest in the global energy transition.

The CG Octopus Energy Sustainable Growth Fund I (or Astris) provides access to more than 50 renewable energy projects in 15 countries, including wind, solar and large-scale battery projects. Astris launched with a £165m cornerstone investment and is now open to private wealth investors and pension schemes through major investment platforms.

Matt Setchell, co-head of Octopus Energy Generation, said: “For too long, pension schemes and private wealth have had limited investment opportunities in private markets due to a lack of innovative solutions. The launch of this fund changes that. It’s been built from the ground up to remove the structural barriers for investors wishing to participate in the $275tr generational investment opportunity to fund the energy transition and invest alongside professional investors and institutional funds from around the world. Day one investors will own a globally diverse portfolio of renewable projects and companies – delivering genuine impact with no compromise on financial returns.”

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