Launch of ‘ThomasLloyd SICAV-Sustainable Infrastructure Growth Fund’, the world’s first Impact ELTIF dedicated to sustainable infrastructure in high growth and emerging markets.
Pre-marketing of a UK-listed ‘Impact Investment Trust’ dedicated to sustainable infrastructure in high growth and emerging markets.
ThomasLloyd, one of the world’s leading specialist impact investors and providers of climate financing, has announced that its Sustainable Infrastructure Income Fund (SIIF) has surpassed €100 million in assets under management.
ThomasLloyd announced today that SolarArise India Projects Private Limited (“SolarArise”) has commissioned a 75 Megawatt (“MW”) Solar PV plant in Khera village, Budaun District, state of Uttar Pradesh delivering clean energy to over 100,000 people in Northern India.
ThomasLloyd announced today that its’ investee company SolarArise India Projects Private Limited (“SolarArise”) has commissioned a 27 Megawatt (“MW”) Solar PV plant in Kerehalli village, Koppal District, State of Karnataka, India on 8 August 2019.
The ThomasLloyd SICAV – Sustainable Infrastructure Income Fund (SIIF) announced today that it has been granted the Environment Label by LuxFLAG, the independent Luxembourg Finance Labelling Agency. The open-ended Alternative Investment Fund (AIF) is domiciled in Luxembourg, structured as a SICAV SA (UCI Part II) and subject to the UCITS V Directive depositary regime. The SIIF represents the world’s first fully regulated, open-ended public infrastructure fund and is available in 26 dedicated share classes for both retail and institutional investors. Options include a choice of nine currencies available as accumulating or distributing share classes.
Launch of ThomasLloyd’s Digital Impact Investment Platform for sustainable real assets.
Listing of the ThomasLloyd SICAV-Sustainable Infrastructure Income Fund on the Luxembourg Bourse.
ThomasLloyd has raised € 339 million from clients through its sustainable investment solutions in the 2019 financial year, representing a considerable year-on-year (2018: € 209 million) increase of no less than 63 per cent. The money acquired from clients came to the company primarily from its core European markets.
ThomasLloyd is proud to have held its inaugural Indian Investment Symposium in New Delhi on 3rd/4th February 2020.
The symposium focused on inward investment from Europe to support the current and future expansion of sustainable infrastructure and renewable energy in India. Attended by 120 European delegates and representatives of the High Commissions and Embassies of the United Kingdom, Switzerland and the Czech Republic.
The global investment and advisory firm ThomasLloyd announced that it is cooperating with Allfunds, one of the world’s leading distributors of investment funds. Following the signing of a global framework agreement relating to ThomasLloyd’s fund suite earlier this year, as of today, the ThomasLloyd SICAV–Sustainable Infrastructure Income Fund (SIIF) is accessible via the Allfunds open architecture fund platform.
ThomasLloyd’s cumulative transaction volume in the infrastructure sector in high growth and emerging markets exceeds 1bn USD.
Acquisition of a significant stake in Delhi-based SolarArise alongside EIB and Kotak Mahindra Bank.
Launch of ‘ThomasLloyd SICAV-Sustainable Infrastructure Income Fund’, the world’s first fully regulated open-ended public infrastructure fund.
ThomasLloyd is visiting Asia with its biggest delegation to date, consisting of more than 100 investors, financial intermediaries, product auditors and decision-makers from across Europe. The diverse travel programme includes attendance at the prestigious ThomasLloyd Investment Symposium in Manila, visits to various projects in the Philippines, and the participation in the groundbreaking ceremony for North Negros BioPower, ThomasLloyd’s most recent biomass power plant with a capacity of 25 megawatts.
From April 21 to 23, high-ranking representatives of ThomasLloyd took part in the internationally renowned Spring Meeting of the International Monetary Fund (IMF) and the World Bank in Washington D.C. As part of an extensive programme, the World Bank subsidiary International Finance Corporation (IFC) presented ThomasLloyd’s infrastructure projects as characteristic examples of IFC funding. “We are delighted to have been here today to give a detailed presentation of our projects and our experience of working with the IFC. Furthermore, we are honoured that our projects were presented in this forum as models for the implementation of IFC funding. The invitation from the IFC to the Spring Meeting of the IMF and the World Bank is a further indication of the standing enjoyed by ThomasLloyd and its sustainable infrastructure projects.”, said Tony Coveney, Managing Director and Head of Project Finance of the ThomasLloyd Group.
From October 18 to 21, senior representatives of ThomasLloyd participated in the historic Philippine Presidential trade and diplomatic mission to China. The diplomatic summit and ceremonial signing of important trade and cooperation agreements in Beijing took place between Xi Jinping, President of the People’s Republic of China, and Rodrigo Duterte, President of the Republic of the Philippines, in the presence of senior politicians and up to 400 businessmen. T.U. Michael Sieg, Chairman and Group CEO of the ThomasLloyd Group sees the Group’s invitation to and participation in the Beijing visit ‘as special recognition of the previous successes of ThomasLloyd Group and its Chinese and Philippine partners. The results of the summit, and the many meetings which took place around it, will form the basis for faster growth and development of Philippine infrastructure.’ To press release
ThomasLloyd becomes accredited project financial sponsor by the IFC (World Bank Group). Signs definitive loan agreements with the IFC for USD 161m for the refinancing of Philippine biomass portfolio.
As part of its ratings update, rating agency Telos awarded the investment process of the ThomasLloyd SICAV-SIF – Cleantech Infrastructure Fund an ‘AAA’ rating and attested to its ‘highest standards of quality’. A further improvement compared with the previous year placed ThomasLloyd in the top group of companies rated by Telos. Other honours
ThomasLloyd laid the foundations for South Negros BioPower, a biomass power plant in the Philippines with output of 25 megawatts (MW). The project, located in the south of Negros Island, is the second power plant for the investment and advisory firm, specialising in the infrastructure sector in Asia. It is scheduled to begin commercial operation, generating renewable electricity for approximately 265,000 people, by the end of 2017, using crop residue from the local agricultural sector. After commissioning, South Negros BioPower will also create more than 3,000 new, permanent jobs, both at the plant itself and in local agriculture, and will reduce carbon dioxide (CO2) emissions by 85,498 tonnes per annum.
Following the sale of San Carlos Solar Energy Inc. (SaCaSol) in June 2015, which included a 45 MW solar facility at San Carlos City, Negros Occidental, ThomasLloyd CTI Asia Holdings Pte Ltd, a wholly owned subsidiary of ThomasLloyd SICAV-SIF-Cleantech Infrastructure Fund, confirmed on 14 September 2015 that it had divested all of its rights to the projects of Negros Island Solar Power Inc. in a second transaction with Philippine Investment Alliance for Infrastructure (PINAI).
‘Highly compatible’ and ‘a stable outlook in the medium term’ – these were the assessments of the Austrian Society for Environment and Technology (ÖGUT). The Fund was examined in detail on the basis of the set of criteria which ÖGUT uses to certify corporate pension funds. Other Honours
Sale of SaCaSol to the PINAI consortium of global institutional investors.
The Bank of the Philippines Islands (BPI) made two loans totalling 1 billion Philippine pesos (around USD 24 million) available to San Carlos Energy Inc. (SaCaSol), a subsidiary of the ThomasLloyd Cleantech Infrastructure Fund, in July 2014. The loans, which will used to build up the Fund’s solar projects more quickly, are the first of their kind to be provided by a Philippine financial institution in this sector and therefore represent an important benchmark transaction in the Philippine capital market. The Bank provided San Carlos Solar Energy Inc. (SaCaSol) with a third loan in May 2015, representing a further PHP 500 million. This transaction brings the total financing volume to PHP 1.5 billion. To press release
Launch of ‘ThomasLloyd Impact Bonds / Green Bonds’
Rating agency Telos has granted a AAA rating to the investment process of the ThomasLloyd SICAV-SIF – Cleantech Infrastructure Fund and attested to its ‘highest standards of quality’. The ‘highly disciplined investment process’ and the ‘optimisation of the risk-return profile’ were two details that were recognised. Other Honours
The International Finance Corporation (IFC), a member of the World Bank Group, the largest global development institution focused exclusively on the private sector in developing countries, provided a senior debt facility of USD 330 million in February 2014 for refinancing both ThomasLloyd’s solar and biomass projects on Negros Island in the Philippines. The final authorisation for the provision of this senior debt facility was given in February 2015.
The volume of the ThomasLloyd Cleantech Infrastructure Fund exceeded the EUR 100 million limit and the pipeline includes projects with an investment volume of over USD 1 billion.
Asia CEO Forum has honoured San Carlos Solar Energy Inc. with the Green Company of the Year award. Asia CEO Forum is the largest regular business event in the Philippines and is considered one of the most important forums in the Asia-Pacific region. It is committed to promoting cooperation between local and international organisations and businesses. Other Honours
The International Finance Corporation (IFC), a member of the World Bank Group, awarded the’ Sustainable Energy Finance Award 2014′ to San Carlos Solar Energy Inc. The Philippine solar investment subsidiary of the ThomasLloyd Cleantech Infrastructure Fund began energy production at the first large-scale solar facility on the Philippines in spring 2014. Other Honours
Frost & Sullivan, a global consulting firm, presented San Carlos Solar Energy Inc., the solar holding company of the ThomasLloyd Cleantech Infrastructure Fund, with the Best Practices Award 2014 in the ‘Philippines Solar Photovoltaic System Integrator of the Year’ category. Other honours
SaCaSol receives the silver Asian Power Award in the ‘Solar Power Proect of the Year’, the IFC Sustainable Energy Finance Award and named ‘Green Company of the Year’.
Licence for special public AIF ThomasLloyd SICAV-SIF – Cleantech Infrastructure Fund in Luxembourg.
Philippine president, Benigno Aquino III, underlines the significance of the major solar facility financed by European investors for his country: In front of 600 invited international guests that included politicians and economists, San Carlos Solar Energy I (‘SaCaSol I’) was commissioned as the first Philippine solar power facility with a total nominal output of 22 megawatts (MW). The plant on Negros Island supplies up to 50,000 people with sustainably generated electricity.
Dextro Group Germany reached the following conclusion: ‘The defined target investment market is convincing with above-average opportunities for return and the advantage that investment projects are financially viable even without subsidies. The standardised investment process used meets the applicable industrial standards of institutional investors for infrastructure investments.’ Other Honours
This was the fourth time ThomasLloyd had organised the Congress. The event was augmented for the first time by a trade fair held parallel to the Congress. Over 3,000 guests from the worlds of politics, business and the financial sector both in Germany and around the world followed keynote speeches and presentations by high-profile international speakers, including President Bill Clinton and former Chief Economist and Vice-President of the World Bank, Prof. Justin Yifu Lin. Cleantech Congress
Establishment of a subsidiary in the Czech Republic as a regional operating hub for the Eastern European market.
Development and construction of SaCaSol, the first utility-scale renewable energy plant in the Philippines. Start of measuring the impact of investments through data such as job creation and tax filings.
Together with Arnold Schwarzenegger, Lord Stern of Brentford and His Highness Sheikh Abdul Aziz bin Ali Al Nuaimi, investors discuss renewable energy infrastructure investments at the leading European congress for Cleantech.
Four more locations opened in Asia, including subsidiaries in Singapore (Regional Operating Hub) and Phnom Penh as well as representative offices in Manila and San Carlos City in the Philippines.
First direct investments by ThomasLloyd Cleantech Infrastructure Fund in Cambodia.
Creation of first feeder fund (public fund) in Germany.
First direct investments by ThomasLloyd Cleantech Infrastructure Fund in the Philippines.
Launch of ‘ThomasLloyd Cleantech Infrastructure Fund
Planning, construction and operation of waste gasification plants using plasma technology for communal waste. ThomasLloyd is responsible for raising equity and financing of the first waste gasification plant in Ontario.
ThomasLloyd has been asked to provide advisory services for Alter NRG, one of the leading suppliers of renewable energy infrastructure solutions in Europe, Asia and North America, and for Navitus Plasma. The company specialises in the planning, construction and operation of waste gasification plants using plasma technology for communal waste.
Consolidation into a specialized, integrated financial group focusing exclusively on the financing, construction and operation of sustainable projects in the infrastructure, agriculture and property sectors.
Alter NRG develops renewable energies infrastructure concepts in Europe, Asia and North America. ThomasLloyd provides advisory services during the sale of the company. The sale includes a coal deposit in Alberta of 468 million tonnes, a 100% stake in Westinghouse Plasma Corporation and 100% stake in Clean Energy.
Finalist Platts Global Energy Awards New York 2009: Infrastructure Project of the Year
The “Platts Global Energy Awards” are considered to be an international seal of quality in the energy industry. The finalists in the individual categories were selected from a record number of nominations. Bronzeoak was a finalist in the “Infrastructure Project of the Year” category.
Projects, companies and individuals who have generated significant momentum in the field of renewable energies have been honoured with the Euromoney and Ernst & Young Global Renewable Energy Awards since 2004. Bronzeoak was honoured in 2009 with the “Project Developer of the Year” award.
Regenerative combined cycle power plants for the production of up to 42 million litres of bioethanol p.a. and 8 MW of electricity from sugar cane (in San Carlos Ecozone, San Carlos City, Negros Occidental, Philippines). ThomasLloyd is responsible for project development, project financing (equity and borrowed capital) and first investor.
Encelium Technologies (Teaneck, New Jersey, USA) produces intelligent and efficient light control systems. Consulting services (sell-side advisory) for existing shareholders during the sale of the company.
Centralisation of global activities in a Group holding company in London
Sole financial advisor for Starwood Solar Sault Ste. Marie, 3rd largest solar facility globally (later acquired by KKR).
ACQ honoured the sale of Schnigge Wertpapierhandelsbank AG by ThomasLloyd to Augur Capital as the Deal of the Year. ThomasLloyd took over Schnigge Wertpapierhandelsbank AG in 2004, restructured it and sold it again in 2007 at a profit of over 600%.Other Honours
Establishment and consolidation of an international hybrid electric vehicle manufacturer from Anaheim, California, USA Consulting, project financing (equity) and first investor. Consulting as exclusive financial advisor until 2009.
Began providing consulting services for project developers, companies and institutional investors by taking over the Illington Fund Management Group.
Consolidation of global activities and orientation towards the two business areas of asset management and investment banking as well as the three regions, Americas, EMEA and Asia/Pacific.
Launch of pioneering investment banking advisory boutique focused solely on clean technologies.
Expansion into North America and Asia.
Takeover of listed Schnigge Wertpapierhandelsbank AG.
Expansion of the range offered to include investment funds and insurance solutions.
Launch of structured investment products with investment focus in North America and Asia.
ThomasLloyd established as a specialized alternative asset manager.