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Obton to invest EUR 1.6bn in new solar fund

The Danish solar power investor now launches its largest fund to date, aiming to raise EUR 1.6bn in capacity.

Obton seeks to raise a total of EUR 401m for its new fund, Impact. Photo: PR/ Siemens

Obton seeks to raise a total of EUR 401m for its new fund, Impact. The capital will be used for investments in solar farms in, among other places, European countries.

"Our newest solar fund will entail solar farm investments worth EUR 1.6bn and will give investors the opportunity to venture their money in a 100 percent green product for the benefit of both themselves and society. Many European countries lag behind the EU's climate targets, and solar energy is a well-suited option for green energy generation. Private investments make a fine fit and are part of ushering the world into a more sustainable direction," writes Obton Chief Investment Officer Oliver Peters in a press statement.

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