Pioneer Point Partners LLP has successfully closed its second sustainable infrastructure fund, Pioneer Infrastructure Partners II SCSp, with €1.1 billion in commitments, surpassing its €800 million target. The fund attracted a diverse base of institutional investors, including public and private pension schemes, insurers, asset managers, endowments, and foundations, primarily across Europe and North America. Notably, over half of the capital came from existing relationships, many of whom increased their allocations, demonstrating strong confidence in Pioneer’s strategy.
The fund continues Pioneer’s thematic, research-led strategy, focusing on energy transition and environmental sectors across Western Europe. It has already completed two investments: Yeager Energy, a Dutch geothermal platform serving the horticultural and residential markets, and OG Clean Fuels, which operates a growing network of clean fuel stations across Europe. A third investment is signed and expected to close by the end of Q2 2025.
Classified as an Article 9 product under the EU Sustainable Finance Disclosure Regulation (SFDR), Fund II aligns with top-tier environmental standards and targets investments that support climate mitigation and a circular economy. Pioneer aims to be an important participant in financing and promoting environmentally impactful businesses.
The fund was advised by Campbell Lutyens as placement agent and Fried Frank as legal counsel.
This successful fundraising effort underscores the growing institutional support for sustainable infrastructure investments and highlights Pioneer Point Partners’ commitment to driving the energy transition in Europe.
