Investors

The New Energy Fund was created and targeted to financial investors who want to be exposed to the renewable energy market through the participation and implementation of individual projects.
Investors are always informed about relevant updates of the Fund’s activities, through:

  • Monthly disclosure of the portfolio;
  • Monthly Asset Valuation
  • Bi-annual reports.

Currently, the New Energy Fund is closed to investors.

Fund Specifications

  • Initial Value of a Participation Unit – €50,000
  • Minimum Subscription per Participant – €50,000 for initial subscription
  • Fund Duration – 10 years
  • Dividend Policy – The Fund will capitalize on the totality of the income generated until the end of the third effective year of the fund’s activity, after which the Fund Managing entity can proceed to the distribution, either partial or full, and on an annual basis, of the income generated, through the subsequent reduction of the participation units in circulation and the corresponding credit deposits into the participants accounts.
  • Frequency of Calculation and Disclosure of the Participation Unit Value – Monthly, disclosed through this website, and then individually to each participant
  • Subscription Fee – 0.0%
  • Fixed Management Fee – 2.5% per year
  • Variable Management Fee – 20% of the difference between the profitability obtained by the Fund and the 10% rate, as long as the profitability is higher than 10% per year
  • Deposit Fee – 0.375% per year
  • Net assets – Participants may negotiate their participation units, the price of which is determined between seller and buyer.
  • Redemption – As a closed-end fund, redemption is only permitted to participants that voted against postponement/extension of the Fund deadline in the Participant Assembly.
  • Supervisory Authority – Portuguese Securities Market Commission (CMVM)