The joint company will raise funds from institutional and retail investors, and manage them on behalf of third-party funds to finance “energy transition” projects, said the partners.
EDF will help steer investments for project development, implementation and operation, it said.
The asset management partnership will focus on renewables including wind power, PV and small-hydro, said the partners.
Part of the fund will also be dedicated to energy-saving investments, the two added.
