We are pleased to announce today the signing of a definitive agreement to purchase the assets of Ecofin, a specialist investor in sustainable infrastructure and environmental solutions.
The Ecofin investment team will join Redwheel under our umbrella structure post the transaction, which is expected to close in the third quarter. As of 31 May 2024, Ecofin had assets under management of approximately $1.4 billion.
The six-member team has proven expertise in the investing of companies that are enabling systematic decarbonisation of the economy. This complements Redwheel's current sustainable & thematic capability set, with the team also benefiting from Greenwheel, our dedicated in-house resource supporting Redwheel’s enhanced integration, transition, and sustainable strategies.
Learn more about the announcement here: https://lnkd.in/g3B5H5KP
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Investment Specialist at Troy Asset Management
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