13 November 2020  |  Schiphol

DIF Capital Partners bolsters team with senior hires

Continuing to build on the firm’s strong current momentum, DIF Capital Partners (“DIF”) is pleased to announce the hiring of three senior investment professionals to bolster its investment team.

Most recently, DIF hired Caine Bouwmeester as Managing Director in London, further strengthening the global activities in renewable energy. He brings more than 13 years of renewable energy experience and has a track record of developing, acquiring and financing more than 2GW of wind and solar projects globally, enabling over €3 billion of investment.

Prior to DIF, Caine was most recently a senior vice president at Macquarie’s Green Investment Group (GIG) in London where he was responsible for the origination, structuring and execution of renewable energy investments in Europe. He has a Master’s degree in Finance from INSEAD and Bachelor Business Administration and Financial Mathematics degrees from Wilfrid Laurier University (Canada).

In addition, Marcel Beverungen has been hired as a Senior Director in the investment team in Frankfurt and Pierre Boschin as a Senior Director in the investment team in Paris to further expand and strengthen our local practices.

Marcel is an experienced infrastructure specialist, having worked as a Director in the energy, power and infrastructure team at Rothschild in Germany. Prior to Rothschild, Marcel worked at UBS and Dresdner Kleinwort, in their energy and renewables teams, advising many institutional investors and strategics on M&A, ECM and debt advisory type of transactions in German speaking countries. He has Master’s degrees from the University of Erlangen-Nuremberg (Germany) and the University of Sankt Gallen (Switzerland).

Pierre has a broad experience in the infrastructure and energy markets. Prior to joining DIF, Pierre was Managing Director at French leading M&A boutique Messier Maris & Associés, where he advised numerous transactions for major French utilities, blue chips and prime PE houses in the energy and industrial segments, in France and Southern Europe. Prior to that, he worked as an investment banker for Credit Suisse and Lazard. Pierre has Master’s degrees from the Ecole Polytechnique (France) and Oxford University (UK).

Wim Blaasse, Managing Partner: “We are excited to welcome Caine, Marcel and Pierre to DIF Capital Partners. We are delighted to have recruited three such high calibre professionals to strengthen DIF’s investment team. They will play a key role in the further growth of our platform and transacting attractive deals for our funds.”

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; a.ruijs@dif.eu.

27 October 2020  |  Schiphol

DIF Infrastructure VI reaches final close at €3.03 billion

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; a.ruijs@dif.eu.

28 September 2020  |  Schiphol

Building Back Better – DIF Capital Partners achieves A+ UNPRI scores

2020 has been an extraordinary year for all of us. The Covid-19 pandemic has called into question some of the foundations of modern societies, from global supply chains to national health services. But most of all, 2020 has put a spotlight on resilience: the resilience of individuals, of communities, of businesses, of the climate and, in particular of the infrastructure investments of DIF Capital Partners (“DIF”).

Today, DIF is publishing its 2020 ESG Report – Building Back Better. With the publication of the report, DIF shows it has an action-oriented and transparent approach designed to positively engage with all our stakeholders ensuring the resilience of the assets in which it invests and promoting improvement in ESG performance over time.

Furthermore, DIF is pleased to announce that it achieved A+ UNPRI scores for 2020, for both the infrastructure and the strategy & governance modules. This is the result of an integrated approach to ESG across all of DIF’s activities. ESG remains a key strategic priority for DIF, and the awarded UNPRI scores confirm it is fully embedded in DIF’s investment principles, strategy, policies and processes.

DIF welcomes your feedback and is looking forward to continuing this important discussion with its stakeholders – collectively targeting to improve ESG performance and to take to mitigate climate change across the industry.

Please click on the following link to access the full report: DIF Capital Partners – ESG Report 2020.

About DIF Capital Partners

DIF Capital Partners is a leading global independent infrastructure fund manager, with €7.6 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 in projects 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 145 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; a.ruijs@dif.eu.

24 April 2020  |  Schiphol

DIF Capital Partners closes refinancing Finnish district heating network

DIF Capital Partners is pleased to announce the closing of the refinancing of Loimua’s (formerly known as Elenia Heat) acquisition debt facilities.

DIF Capital Partners, together with its partners LPP Infrastructure and Aberdeen Standard Investments, acquired Loimua in July 2019 with DIF Infrastructure V (link to original press release). Loimua is the second largest private supplier of district heating in Finland, providing environmentally sustainable heating to residential, commercial and public sector customers. The company owns and operates 640 MW of heat production capacity across 16 networks, covering circa 500 kilometers and circa 4,600 supply points (85,000 end-users).

Through the refinancing of the acquisition facilities Loimua established a common terms multi tenor debt platform including long term bank debt and 10, 12, and 14 year private placement tranches from institutional debt providers, alongside working capital facilities for general and capex financing purposes. The refinancing further de-risks the company’s long term capital structure and provides operational flexibility to deliver growth in line with the business plan. The transaction was concluded at favourable terms and covenants, emphasizing that there is still strong support from debt providers for stable and sustainable businesses such as Loimua despite the recent capital market developments.

DIF Capital Partners and its partners were advised by DC Advisory (financial) and Shearman& Sterling (Legal).

About DIF Capital Partners

DIF Capital Partners is a leading global independent infrastructure fund manager, with €6.7 billion of assets under management across nine closed-end infrastructure funds and several co-investment vehicles. DIF Capital Partners invests in greenfield and brownfield infrastructure assets located primarily in Europe, the Americas and Australasia through two complementary strategies:

  • DIF Infrastructure funds target equity investments in public-private partnerships (PPP/PFI/P3), concessions, utilities and renewable energy projects with long-term contracted or regulated income streams.
  • DIF CIF funds target equity investments in small to mid-sized infrastructure assets in the telecom, energy and transportation sectors.

DIF has a team of over 140 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; a.ruijs@dif.eu.

7 January 2020  |  Schiphol

DIF Capital Partners appoints a new Partner

DIF Capital Partners (“DIF”) is pleased to announce the appointment of Anne Snel to Partner. Her promotion from Managing Director to Partner is in response to her personal contribution to the success and growth of the firm.

Anne Snel is Head of Risk, Legal and Compliance. She joined DIF in 2018 and was previously Head of Integrated Risk at Rabobank. She also worked at De Nederlandsche Bank as Senior Supervisor and interim Department Head. Before this, she held a variety of roles at ABN AMRO Bank over the course of her 16-year career there, including ~5 years as senior investment manager in the private equity team. Anne holds a Bachelor of Arts in Financial Administration from Michigan State University, a Master’s of Business Administration in General Management from the Erasmus University, and has attended executive education in General and Risk Management at both the London Business School and INSEAD.

Speaking on behalf of the other Partners, Managing Partner Wim Blaasse said, “We are pleased to see Anne being promoted to Partner. She has demonstrated her strength and suitability for leadership and this partner promotion furthermore underlines DIF’s focus on risk management and compliance. She will continue to play a leading role in the further build-out of the DIF platform”.

About DIF Capital Partners

DIF is an independent infrastructure fund manager, with €6.0 billion of assets under management across eight closed-end infrastructure funds and several co-investment vehicles. DIF invests in greenfield and brownfield infrastructure assets located primarily in Europe, the Americas and Australasia through two complementary strategies:

  • DIF Infrastructure funds target equity investments in public-private partnerships (PPP/PFI/P3), concessions, utilities and renewable energy projects with long-term contracted or regulated income streams.
  • DIF CIF funds target equity investments in small to mid-sized infrastructure assets in the energy, transportation and telecom sectors with mid-term contracted income streams.

DIF has a team of over 135 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: a.ruijs@dif.eu

2 October 2019  |  Schiphol

DIF Capital Partners’ investment in Irish Schools PPP project successfully completed

DIF Capital Partners (“DIF”) is pleased to report that the construction of the Irish Schools PPP Bundle 5 project (the “Project”) has been successfully delivered. The comprehensive restructuring was required due to the liquidation of the project contractor Carillion in 2018, which initially led to a standstill of the construction of the new school facilities and uncertainty for many students.

Carlow Campus, including Tyndall college and the institute of Further Education are the last facilities in the Project that opened their doors to students for the start of the new school year. This marks the successful completion of all six facilities within the Project. The other facilities became operational in Q3 2018 and Q2 2019.

The Irish Schools PPP Programme, procured by the National Development Finance Agency (“NDFA”) on behalf of the Department of Education & Skills (“DoES”), represents a major investment in education infrastructure through the delivery of new, state-of-the-art education facilities by way of public private partnership (“PPP”) arrangements. The Project delivered five replacement schools and one replacement Institute of Further Education that will be used by DoES as a template for other projects as a centre of excellence.

DIF had previously confirmed its longstanding commitment to the Project by appointing Omagh-based Woodvale Construction (“Woodvale”) as a replacement contractor in June 2018, following the liquidation of Carillion, a UK construction company and DIF’s original co-shareholder in the Project. This built on Woodvale’s experience in projects to deliver education facilities. Integrated facilities management services and life cycle provisions are provided by Sensori Facilities Management, a joint venture of John Sisk and Son, one of the largest Irish construction companies, and Designer Group, the Dublin-based international electrical and mechanical engineering business.

DIF was able to proceed with the Project and to successfully deliver it due to constructive cooperation and negotiations between all stakeholders. This will secure education in all new facilities over the next 25 years.

About DIF Capital Partners

DIF Capital Partners (“DIF”) is an independent infrastructure fund manager, with €5.6 billion of assets under management across seven closed-end infrastructure funds and several co-investment vehicles. DIF invests in construction and operational infrastructure assets, that generate stable and predictable cash flows, located in Europe, Americas and Australasia through two complementary strategies:

  • DIF Infrastructure V targets equity investments in public-private partnerships (PPP/PFI/P3), concessions, regulated utilities and renewable energy projects with long-term contracted or regulated income streams.
  • DIF Core Infrastructure Fund I targets equity investments in small to mid-sized infrastructure assets in the energy, transportation and telecom sectors with mid-term contracted income streams.

DIF has a team of over 135 professionals, based in nine offices located in Schiphol (the Netherlands), Frankfurt, London, Luxembourg, Madrid, Paris, Santiago, Sydney and Toronto. Please visit www.dif.eu for further information.

Contact:
Allard Ruijs, Partner
Email: a.ruijs@dif.eu

13 September 2019  |  Schiphol

DIF Capital Partners achieves highest ranks in UNPRI’s ESG scoring

DIF Capital Partners (“DIF”) is pleased to report that it achieved strong UNPRI scores for 2019, including an A+ for the infrastructure module and an A for the strategy and governance module.

The connection between the infrastructure assets that DIF’s funds invest in and the positive changes they create for current and future communities is one of the key drivers of DIF’s organisation and culture. As such, strong ESG performance is a critical success factor to the long term resilience of our assets and funds.

Today, DIF is publishing its 2019 ESG Report. With the publication of the report, we show that DIF has an action oriented and transparent approach designed to positively engage with all our stakeholders.

DIF welcomes your feedback and is looking forward to continuing this important discussion with its stakeholders as we collectively look to improve ESG performance across the industry.

Please click on the following link to access the full report: DIF Capital Partners – ESG Report 2019.

About DIF Capital Partners

DIF Capital Partners (“DIF”) is an independent infrastructure fund manager, with €5.6 billion of assets under management across seven closed-end infrastructure funds and several co-investment vehicles. DIF invests in construction and operational infrastructure assets, that generate stable and predictable cash flows, located in Europe, Americas and Australasia through two complementary strategies:

  • DIF Infrastructure V targets equity investments in public-private partnerships (PPP/PFI/P3), concessions, regulated utilities and renewable energy projects with long-term contracted or regulated income streams.
  • DIF Core Infrastructure Fund I targets equity investments in small to mid-sized infrastructure assets in the energy, transportation and telecom sectors with mid-term contracted income streams.

DIF has a team of over 130 professionals, based in nine offices located in Schiphol (the Netherlands), Frankfurt, London, Luxembourg, Madrid, Paris, Santiago, Sydney and Toronto. Please visit www.dif.eu for further information.

Contact:
Allard Ruijs, Partner
Email: a.ruijs@dif.eu

3 September 2019  |  Schiphol

Keynote interview with Wim Blaasse, Managing Partner at DIF Capital Partners, in Infrastructure Investor

DIF’s Managing Partner, Wim Blaasse, was interviewed about the lessons from a decade of infrastructure investments by Infrastructure Investor for their 10th anniversary special edition – The Decade.

For the full article please see: Interview with Wim Blaasse in Infrastructure Investor – September 2019

31 July 2019  |  Schiphol

DIF announces brand name change to DIF Capital Partners

DIF is pleased to announce that we have changed the DIF brand name to DIF Capital Partners. The name change is a result of the global growth of our firm and improves the recognition of DIF as global investment firm, acting as a partnership.

About DIF Capital Partners

DIF Capital Partners is an independent infrastructure fund manager, with €5.6 billion of assets under management across seven closed-end infrastructure funds and several co-investment vehicles. DIF invests in greenfield and brownfield infrastructure assets located primarily in Europe, North America, Latin America and Australasia through two complementary strategies:

  • DIF Infrastructure funds target equity investments in public-private partnerships (PPP/PFI/P3), concessions, regulated assets and renewable energy projects with long-term contracted or regulated income streams.
  • DIF CIF funds target equity investments in small to mid-sized infrastructure assets in the energy, transportation and telecom sectors with mid-term contracted income streams.

DIF has a team of over 125 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:
Thijs Verburg, Director
Email: t.verburg@dif.eu

1 July 2019  |  Schiphol

DIF, Aberdeen Standard Investments and Local Pensions Partnership to acquire Elenia Heat

DIF Infrastructure V (“DIF”), SL Capital Infrastructure II (“ASI”) and Local Pensions Partnership Investments (“LPPI”) are pleased to announce the signing of an agreement to acquire 100% of Elenia Lampö Oy (“Elenia Heat”) from Elenia Oy.

Elenia Heat is the 9th largest district heating company in Finland. The company owns and operates 16 district heating networks across Finland with a total network length of 499km, via which it operates in 10 municipalities and serves approximately 85,000 end-customers. Elenia Heat also owns a gas distribution business, selling gas via 6 distribution networks. In addition, the company holds a 50% stake in Oriveden Aluelämpö Oy, a small district heating network in Central Finland in the city of Orivesi.

The consortium was advised by Jefferies as sole financial adviser.

About DIF

DIF is an independent infrastructure fund manager, with €5.6 billion of assets under management across seven closed-end infrastructure funds and several co-investment vehicles. DIF invests in greenfield and brownfield infrastructure assets located primarily in Europe, North America, South America and Australasia through two complementary strategies:

  • DIF Infrastructure V targets equity investments in public-private partnerships (PPP/PFI/P3), concessions, regulated assets and renewable energy projects with long-term contracted or regulated income streams that generate stable and predictable cash flows.
  • DIF Core Infrastructure Fund I targets equity investments in small to mid-sized infrastructure assets in the energy, transportation and telecom sectors with mid-term contracted income streams that generate stable and predictable cash flows.

DIF has a team of over 120 professionals, based in eight offices located in Schiphol (the Netherlands), Frankfurt, London, Luxembourg, Madrid, Paris, Sydney and Toronto. Please visit www.dif.eu for further information.

Contact: Allard Ruijs, Partner; a.ruijs@dif.eu.

15 May 2019  |  Schiphol

DIF and Aberdeen Standard Investments acquire UNITANK

DIF Core Infrastructure Fund I (“DIF”) and SL Capital Infrastructure II SCSp (“ASI”) are pleased to announce the financial close of its 100% acquisition of UNITANK from the family owners, with ASI and DIF each acquiring a 50% stake. The financial close follows on from the agreement signed on 27 February 2019 and upon receipt of the necessary merger clearance from the German competition authority.

UNITANK is a market leading independent and neutral infrastructure and services provider storing liquid oil products, headquartered in Hamburg, Germany. The company owns and operates five terminals in Germany and one terminal in Belgium, all in key strategic locations. The terminals handle diesel, gasoline, jet fuel and heating oil and have a total storage capacity of c. 1.1 million cubic meters. Servicing both strategic stockholding agencies with product storage as well as commercial clients with product throughput provides UNITANK with a stable and resilient business model.

The acquisition provides ASI and DIF with a strong and differentiated platform in the German liquid bulk storage and throughput market. Its flexible business model, high-quality and state-of-the-art asset base, and operational excellence positions the company well for the future. The consortium will continue to back the company’s long-term and successful strategy for the business.

Willem Jansonius – Partner and Head of Core Infrastructure at DIF

“We firmly believe in the strategy as set by the current shareholder and management team. We are impressed with the commercial re-positioning of the business and its importance in providing essential services in its clients’ supply chains. We appreciate the well-invested asset base and the resulting high standards of operational excellence, which are essential to UNITANK’s current and future positioning.”

Dominic Helmsley – Head of Economic Infrastructure at Aberdeen Standard Investments

“We consider UNITANK to be a highly successful provider of storage capacity for strategic stockholding agencies and a key strategic partner for oil majors. We value the company’s historic growth and see significant future upside. Together with our partner DIF we look forward to working closely with UNITANK management in supporting the business and exploring further business opportunities.”

Jan Westedt – Owner

“Our family has run UNITANK over two generations with a strategy emphasising close and trusted partnerships with our clients and employees, which were key elements of our success story. We are glad that DIF and ASI together with the management team will continue to pursue a long-term investment strategy centred around our philosophy and corporate culture.”

   

About DIF

DIF is an independent infrastructure fund manager, with €5.6 billion of assets under management across seven closed-end infrastructure funds and several co-investment vehicles. DIF invests in greenfield and brownfield infrastructure assets located primarily in Europe, North America and Australasia through two complementary strategies:

  • DIF Infrastructure V targets equity investments in public-private partnerships (PPP/PFI/P3), concessions, regulated assets and renewable energy projects with long-term contracted or regulated income streams that generate stable and predictable cash flows.
  • DIF Core Infrastructure Fund I targets equity investments in small to mid-sized infrastructure assets in the energy, transportation and telecom sectors with mid-term contracted income streams that generate stable and predictable cash flows.

DIF has a team of over 120 professionals, based in eight offices located in Schiphol (the Netherlands), Frankfurt, London, Luxembourg, Madrid, Paris, Sydney and Toronto. Please visit www.dif.eu for further information.

Contact: Allard Ruijs, Partner; a.ruijs@dif.eu.

 

About ASI

  • Aberdeen Standard Investments is a leading global asset manager dedicated to creating long-term value for our clients, and is a brand of the investment businesses of Aberdeen Asset Management and Standard Life Investments. With over 1,000 investment professionals, we manage €562.7 billion of assets worldwide. We have clients in 80 countries supported by 50 relationship offices. This ensures we are close to our clients and the markets in which we invest.  (*as of 31 December 2018)
  • We are high-conviction, long-term investors who believe teamwork and collaboration are the key to delivering repeatable, superior investment performance.
  • Standard Life Aberdeen plc is headquartered in Scotland. It has around 1.2 million shareholders and is listed on the London Stock Exchange.
2 April 2019  |  Schiphol

First DIF ESG conference major success

DIF organised a conference on Environmental, Social & Governance (ESG) factors in the infrastructure sector, focused on road projects. At DIF, we believe our role is to create opportunities for our portfolio investments to communicate and exchange ideas to break barriers to the realisation of ESG initiatives. The aim of the conference was to create the opportunity for these road projects to exchange on ESG initiatives and best practices.

The ESG Road Projects conference was well attended by a variety of representatives from road projects across Europe, including Portugal, France, Germany and Ireland. Attendants also included peers from the investment management industry and service providers. The day was organised around the themes of safety and environment, the two main areas for road projects that were identified in our 2018 ESG Survey (please refer to our 2018 ESG Report for more details https://www.dif.eu/responsible-investment).

The topics that were covered sharing best practice in the following areas:

  • How to increase road safety by facilitating resting areas for heavy goods vehicles and bringing the maintenance staff in contact with the truck drivers;
  • Supporting landscaping and mobility projects in the local communities;
  • Improving safety on adjacent roads;
  • Increasing the employment opportunities for people with a distance to the labour market;
  • Reducing energy consumption through the implementation of a dimming program for street lighting;
  • The success of interactive behavioural health and safety training;
  • Use of social media to send traffic alert and road safety campaigns for road users.

Our key take-aways from the conference are:

  • Infrastructure asset managers are convinced of the added value of sound ESG management for the long-term value and resilience of their assets and are already actively working on ESG topics;
  • Every single asset, small or large, in construction or in operation, has the potential to realise ESG initiatives.

The conference fits well into our conviction that sound ESG management is synonymous with good business and will enhance the ultimate returns from our investments.

As part of its ESG strategy DIF is committed to:

  • Being a responsible company that respects the interests of its environment and its stakeholders, including the investors in its funds, shareholders, business counterparties, employees, workers on and users of the assets in which its funds invest and the surrounding local communities;
  • Promoting organizational behaviour, in line with our ethical beliefs and best industry practice;
  • Adopting a transparent and pro-active approach to ESG and its implementation.

For more information regarding ESG and/or to indicate your interest in participating in future events, please contact Frank Siblesz, Head of ESG (f.siblesz@dif.eu).

 

About DIF

DIF is an independent infrastructure fund manager, with €5.6 billion of assets under management across seven closed-end infrastructure funds and several co-investment vehicles. DIF invests in greenfield and brownfield infrastructure assets located primarily in Europe, North America and Australasia through two complementary strategies:

  • DIF Infrastructure V targets equity investments in public-private partnerships (PPP/PFI/P3), concessions, regulated assets and renewable energy projects with long-term contracted or regulated income streams that generate stable and predictable cash flows.
  • DIF Core Infrastructure Fund I targets equity investments in small to mid-sized infrastructure assets in the energy, transportation and telecom sectors with mid-term contracted income streams that generate stable and predictable cash flows.

DIF has a team of over 115 professionals, based in eight offices located in Schiphol (the Netherlands), Frankfurt, London, Luxembourg, Madrid, Paris, Sydney and Toronto. Please visit www.dif.eu for further information.