DIF Capital Partners (“DIF”) is pleased to announce the final close of DIF Infrastructure VI (“DIF VI) at €3.03 billion, exceeding its €2.5 billion target.
DIF VI targets equity investments in projects and companies with pre-dominantly long-term contracted or regulated income streams including public-private partnerships, concessions, utilities, and (renewable) energy projects, that generate stable and predictable cash flows as well as attractive risk-adjusted returns. The fund targets both greenfield and operational investments in Europe, the Americas and Australasia.
DIF VI has seen strong backing from existing and new investors to the DIF platform, receiving commitments from leading institutional investors across the globe.
Allard Ruijs, Partner at DIF Capital Partners said: “We are proud of this achievement, especially in the challenging times in which we live, which is a testimony to the strength of the DIF platform and the attractiveness of the DIF VI proposition. Over the past 15 years the team has been able to generate attractive returns for our investors by consistently investing in high quality projects, enhancing project value during our ownership through active shareholder engagement, as well as by achieving successful realisations. We are confident that DIF VI will be a successful continuation of this strategy, leveraging DIF’s unique global office network and dedicated local teams to source and manage attractive investment opportunities and build robust and diversified portfolios. We are thankful for the strong support received from investors for the DIF VI partnership.”
DIF VI has made a strong start, having committed to three investments to date thereby deploying ca. 20% of the fund. This includes investments in (i) BluEarth, a Canadian renewable energy platform, (ii) Cascade, a 900 MW long-term contracted Canadian power project, and (iii) stakes in Norte Litoral and Via do Infante, two Portuguese availability-based PPP roads. Furthermore, the fund has a strong pipeline of investments across its target sectors and geographies, including both greenfield and operational projects.
About DIF Capital Partners
DIF Capital Partners is a leading global independent infrastructure fund manager, with €8.5 billion of assets under management across nine closed-end infrastructure funds and several co-investment vehicles. DIF Capital Partners invests in greenfield and operational infrastructure assets located primarily in Europe, the Americas and Australasia through two complementary strategies:
- DIF Infrastructure funds target equity investments with long-term contracted or regulated income streams including public-private partnerships (PPP/PFI/P3), concessions, utilities, and (renewable) energy projects.
- DIF CIF funds target equity investments in small to mid-sized economic infrastructure assets in the telecom, energy and transportation sectors.
DIF Capital Partners has a team of over 150 professionals, based in nine offices located in Amsterdam (Schiphol), Frankfurt, London, Luxembourg, Madrid, Paris, Santiago, Sydney and Toronto. Please visit www.dif.eu for further information.
Contact: Allard Ruijs, Partner; email@example.com.