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• Renewable energies 1

  The Regenerative Energies 1 (RE1) fund jointly launched by Union Investment and EB-SIM focuses on equity investments in renewable energy projects. It invests in established technologies for generating electricity such as wind power, photovoltaics and hydropower in stable, core European countries.

  • Key data
  • Goal/status

    • Second closing completed, total capital commitments received >EUR 500 million
    • Expected to be fully invested by Q1/2025
  • Diversification

    • Regional: Core Europe
    • Technological: wind power, photovoltaics and hydropower
  • Runtime

    • 18 years (until 31.10.2040)
  • Yield/distributions*

    • Target return: 7 to 8 % p. a. Net IRR
  • Sustainability

    • Pursues the environmental objective of climate protection within the meaning of Art. 9 a) of the Taxonomy Regulation
    • Guided by the principles of the UN Global Compact and the Sustainable Development Goals (including SDG 13 – climate action).
  • Regulation

    • Luxembourg special fund (sub-fund of a SICAV-RAIF in the form of an S.A.)
    • Classification of the fund in accordance with Article 9 of the EU Disclosure Regulation (SFDR)
  • Fees

    • 1.30 % p. a.
    • 1.20 % transaction fee

  * Return calculation based on example portfolio and own calculations. The forecasts shown are not a reliable indicator of future performance.

• EB Clean Energy Debt

  EB Clean Energy Debt (CED) invests debt capital (junior debt and unitranche) in renewable energy generation projects (wind power, photovoltaics and hydropower) and in part (max. 30%) in energy transition projects. The projects are located exclusively within the core EU. Development risks are generally not entered into.

  • Key data
  • Goal/status

    • Second closing completed, first investment made in Q1/2024
    • Target volume: >EUR 100 million
  • Diversification

    • Regional: EU, Switzerland, Norway and the United Kingdom, plus other countries (up to 10 %)
    • Technological: wind power, photovoltaics, hydropower and max. 30 % outside the technologies mentioned
  • Runtime

    • 15 years (until 31.12.2038)
    • Two renewal options of 2 years each
  • Yield/distributions*

    • Target return: >6 % p .a. Net IRR
    • Target yield distribution: approx. 5 % p. a.
  • Sustainability

    • Pursues the environmental goal of “climate protection and combating global warming”.
    • Guided by the principles of the UN Global Compact and the Sustainable Development Goals (including SDG 13 – climate action).
  • Regulation

    • Luxembourg special fund (sub-fund of a SICAV-SIF in the form of an S.A.)
    • Classification of the fund in accordance with Article 9 of the EU Disclosure Regulation (SFDR)
  • Fees

    • 0.69 % p. a.

  • * Return calculation based on example portfolio and own calculations. The forecasts shown are not a reliable indicator of future performance.

• EB Kirchlicher Energiekreislauf

  The EB Kirchlicher Energiekreislauf (KEK) supports the idea of a closed cycle for church organizations and the social economy. The fund uses its own land to generate sustainable energy as well as the energy produced itself, coupled with participation in the overall portfolio by the fund.

  • Key data
  • Goal/status

    • First closing announced for H2/2024
    • Target volume: EUR 250 million
  • Diversification

    • Regional: Germany
    • Technological: At least 50 % wind power and photovoltaics; outside the two technologies mentioned, including renewable heat supply
  • Runtime

    • Unlimited term
  • Yield/distributions*

    • Target return: 6 to 7 % p. a. Net IRR
    • Target yield distribution: 5 %
  • Sustainability

    • Pursues the environmental goal of “climate protection and combating global warming”.
    • Guided by the principles of the UN Global Compact and the Sustainable Development Goals (including SDG 13 – climate action).
  • Regulation

    • Luxembourg special fund (sub-fund of a SICAV-RAIF in the form of an S.A.)
    • Classification of the fund in accordance with Article 9 of the EU Disclosure Regulation (SFDR)
  • Fees

    • 1.16 % p. a.
    • 1.50 % transaction fee

  * Return calculation based on example portfolio and own calculations. The forecasts shown are not a reliable indicator of future performance.

• EB Energiewende Fonds

  The EB Energiewende Fonds (EWF) focuses on sustainable infrastructure issues far removed from traditional energy generation. The spectrum ranges from storage solutions to heating networks. The regional focus is on Europe. Project development risks are excluded in the selection of projects.

  • Key data
  • Goal/status

    • Closing completed, total of EUR 85 million in capital commitments >
    • Second investment made in Q1/2024
  • Diversification

    • Regional: EU, Switzerland, Norway, United Kingdom and Northern Ireland
    • Technological: energy storage (also in combination with renewable energy generation plants), energy efficiency, energy grids, renewable heat supply, hydrogen, replacement of fossil raw materials with synthetic raw materials based on renewable energy generation (“Power-to-X”), electromobility or other energy transition topics
  • Runtime

    • 12 years (until 31.12.2034)
    • Two renewal options of 2 years each
  • Yield/distributions*

    • Target return: 7 to 8 % p. a. Net IRR
    • Target yield distribution: >4 % p. a.
  • Sustainability

    • Pursues the environmental objective of “combating the adverse effects of climate change and associated challenges”.
    • Guided by the principles of the UN Global Compact and the Sustainable Development Goals (including SDG 13 – climate action).
  • Regulation

    • Luxembourg special fund (sub-fund of a SICAV-RAIF in the form of an S.A.)
    • Classification of the fund in accordance with Article 9 of the EU Disclosure Regulation (SFDR)
  • Fees

    • 1.41 % p. a.
    • 1.50 % transaction fee

  * Return calculation based on example portfolio and own calculations. The forecasts shown are not a reliable indicator of future performance.

• Quadoro Erneuerbare Energien Europa

  Quadoro Erneuerbare Energien Europa (QEEE) was created in partnership with Quadoro Investment. Private investors can also use the fund to participate in the expansion of renewable energies in Europe with an unlimited term. Both small savings plan installments and one-off investments are possible for retail and institutional investors.

  • Key data
  • Goal/status

    • Sales launch announced for Q1/2025
  • Diversification

    • Regional: European Economic Area
    • Technological: Focus (at least 75% of the infrastructure share) on renewable energy generation (wind power, photovoltaics, hydropower, biomass and hydrogen), supplemented (max. 25% of the infrastructure share) by energy transmission and energy storage as well as other energy technologies
  • Runtime

    • Unlimited term
  • Yield/distributions*

    • Target return: 5 to 6% p.a. net (BVI method)
    • Target yield distribution: 4 to 5 % p. a.
  • Sustainability

    • Pursues the environmental objective of climate protection within the meaning of Art. 9 a) of the Taxonomy Regulation
    • Guided by the principles of the UN Global Compact and the Sustainable Development Goals (including SDG 13 – climate action).
  • Regulation

    • German open-ended special infrastructure fund
    • Classification of the fund in accordance with Article 9 of the EU Disclosure Regulation (SFDR)
  • Fees

    • Unit class R: 1.85 % p.a.; transaction fee 2 % for purchase and sale, 3 % for development, expansion and repowering
    • Unit class I: 1.67 % p.a.; transaction fee 2 % for purchase and sale, 3 % for development, expansion and repowering
    • Performance fee: 20 % on returns exceeding 6 % (hurdle rate), max. 1 % of NAV
  • Mandatory publications

    • Prospectus
    • Basic Information Sheet Unit Class I
    • Basic information sheet unit class R

  * Return calculation based on example portfolio and own calculations. The forecasts shown are not a reliable indicator of future performance.

This document is a marketing communication and is for marketing and information purposes only. The information is based on sources that we believe to be reliable, but we cannot guarantee its accuracy and completeness. We expressly point out that this does not constitute an invitation to buy or sell fund units. Investment decisions should only be made on the basis of the current sales documents (key investor information, sales prospectus and – if published – the latest annual and semi-annual report) of the investment fund advertised in the marketing communication, which also contain the sole authoritative contractual terms and conditions or investment conditions. The sales documents are available free of charge in German from the launch date at the depositary Evangelische Bank eG (Ständeplatz 19, 34117 Kassel), the management company Universal-Investment-Gesellschaft mbH (Theodor-Heuss-Allee 70, 60486 Frankfurt am Main) and the distribution partner EB-Sustainable Investment Management GmbH (Ständeplatz 19, 34117 Kassel). The sales documents are also available on the Internet at www.universal-investment.com and www.eb-sim.de. The information provided does not constitute investment recommendations or advice. All statements reflect current assessments in in respect of the relevant investment fund. The opinions expressed in this document are subject to change without prior notice. Neither the management company nor its co-operation partners accept any liability whatsoever for the use of this document or its contents. A summary of your investor rights in German can be found at www.universal-investment.com/media/document/Anlegerrechte. We would also like to point out that Universal-Investment-Gesellschaft mbH may, in the case of funds for which it has, as management company, made arrangements for the distribution of fund units in EU Member States, decide to cancel these arrangements in accordance with article 93a of Directive 2009/65/EC and article 32a of Directive 2011/61/EU, in particular by making a blanket offer to repurchase or redeem all corresponding units held by investors in the relevant Member State.