SCOR Investment Partners Launches Innovative Infrastructure Fund
SCOR Investment Partners has officially announced the launch of SCORLUX High Income Infrastructure Loans II, a new addition to its multi-investor high-income infrastructure debt strategy. This latest sub-fund builds on the success of the first fund and reinforces the company’s dedication to financing sustainable infrastructure projects.
Introducing a New Generation of High-Income Infrastructure Debt
This new offering marks the next phase in SCOR Investment Partners' high-income infrastructure debt funds. Investors can anticipate a well-curated portfolio that highlights flexible solutions, including options for unitranche and junior/mezzanine secured debt tailored specifically for infrastructure development.
Emphasis on Key Sectors
SCORLUX High Income Infrastructure Loans II is set to invest in vital infrastructure sectors across EU nations. This includes areas such as renewable energy, digital infrastructure, and transportation networks. By concentrating on projects that promote decarbonization and green mobility, the fund takes a progressive stance on sustainable investment.
Commitment to Sustainable Investment
The establishment of this fund aligns seamlessly with SCOR Investment Partners' commitment to sustainable investing. It prioritizes projects that demonstrate a dedication to low-carbon practices while positively impacting the environment. The fund will support initiatives related to the circular economy and pollution prevention, satisfying both ecological and financial objectives. Furthermore, SCORLUX High Income Infrastructure Loans II is classified as Article 9 under the European Sustainable Finance Disclosure Regulation (SFDR) and has earned the LuxFLAG Environment Applicant label.
Strong Support and Fund Goals
As a European Long-Term Investment Fund (ELTIF), SCORLUX High Income Infrastructure Loans II is open to institutional investors. The fund has already garnered significant investment commitments, beginning with EUR 100 million from the SCOR Group, which showcases a strong alignment of interests among its stakeholders. With ambitious objectives, the fund targets a total size of EUR 500 million.
Insights from Leadership
Paola Basentini, Head of Infrastructure Debt at SCOR Investment Partners, expressed excitement about this new offering, saying, “After the success of our first high-income infrastructure debt vintage, we are thrilled to provide investors with access to a new, carefully selected portfolio of diverse investments. These investments promise attractive returns while effectively supporting the energy transition."
Experienced Leadership in Infrastructure Debt
Louis Bourrousse, CEO of SCOR Investment Partners, highlighted their extensive experience in the infrastructure debt sector, stating, “We’ve been active in infrastructure debt since 2013. With our second vintage of high-income infrastructure debt fund, we’re providing access to a valuable niche market that would otherwise be hard to enter.” Their expertise is backed by EUR 2.4 billion in completed investments across 80 infrastructure debt transactions.
SCOR Investment Partners is renowned for pioneering investments in sectors such as offshore wind, fiber networks, and sustainable data centers. The team prioritizes a strategy focused on creating diversified portfolios that rely on stable, predictable, and inflation-protected cash flows, ensuring the long-term sustainability of assets.
About SCOR Investment Partners
SCOR Investment Partners is dedicated to financing the sustainable growth of societies through a focused asset management approach. Founded in 2008 and accredited by the French financial regulatory authority in 2009, the firm has expanded to employ over 80 professionals. It manages a diverse range of portfolios across various sectors and demonstrates a strong commitment to institutional investors, overseeing EUR 7.6 billion in assets under management as of June 30, 2024.
For more information or inquiries, interested parties are invited to reach out using the contact details provided below.
Frequently Asked Questions
What is the SCORLUX High Income Infrastructure Loans II fund?
This fund is the second vintage of SCOR Investment Partners’ multi-investor high-income infrastructure debt strategy, focusing on sustainable infrastructure investments.
Which sectors does the fund target?
The fund targets strategically important infrastructure sectors, including renewable energy, digital infrastructure, and transportation networks across EU countries.
What is the investment commitment for the fund?
The fund has already secured an investment commitment of EUR 100 million from the SCOR Group and is aiming for a total target size of EUR 500 million.
How does the fund align with sustainability goals?
The fund's investments are focused on low-carbon activities and projects with a positive environmental impact, aligning it with SCOR Investment Partners' sustainable investment philosophy.
Who can invest in SCORLUX High Income Infrastructure Loans II?
This fund is accessible to institutional investors and is classified as a European Long-Term Investment Fund (ELTIF).
