Alcazar Energy Partners II („AEP II“)

The expansion of renewable energy through funds such as the AEP II plays a vital role in liberalizing electricity markets and is essential to meeting the growing energy demand driven by population growth.

Alcazar Energy Partners II is a renewable energy fund (Luxembourg) from Alcazar Energy that invests in renewable energy projects in the MENAT and EECA regions. Alcazar Energy Partners I, founded in 2014, already invested in solar PV and wind projects. AEP II was founded as a successor with the vision of contributing to improved economic, environmental and social conditions through carefully designed renewable energy projects in selected emerging markets. By combining the synergies of DEG, Proparco, FMO, SIFEM, EBRD, EIB, IFC, AIIB, OeEB and other investors the commitments of AEP II amounts to around USD 500 million.

The fund's focus lies on investments in the renewable energy sector, in particular onshore wind and solar PV projects. These measures are expected to supply more than 235,000 households with electricity every year, create around 7,100 construction jobs and save more than 2.1 million tons of CO2 emissions. The project makes a primary contribution to SDG 7 “Affordable and clean energy” and SDG 13 “Climate action” as well as SDG 8 “Decent work and economic growth”. A key goal of the fund is to avoid and reduce CO2 emissions. The planned investment by OeEB fits the strategic focus (renewable energies and energy efficiency) and is 100% climate-creditable. The fund team's extensive network with local renewable energy companies emphasizes the investment’s connection to Austria.