Investors in Clean Energy Fund 2, which has a life of ten years, include the European Investment Bank, which has pumped in €50m – the single clean-energy equity investment it made in 2013.

Glennmont says it has attracted funds from across Europe, the US, the Middle East and Asia.

“We were previously a specialist team working within other institutions, but having established Glennmont we are now a specialist independent partner and our investors value that,” says the UK-based private equity infrastructure investor's managing partner, Joost Bergsma.

“We