Eaton Partners Acts as Placement Agent for HitecVision''s Energy Transition Strategy
ROWAYTON, Conn., Aug. 16, 2022 (GLOBE NEWSWIRE) -- Eaton Partners, one of the largest capital placement agents and fund advisory firms and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF ), is pleased to have acted as placement agent for the HitecVision New Energy Fund ("NEF"). The oversubscribed fund reached its hard cap of €875 million, exceeding its €500 million target. HitecVision is a leading European energy investor with a proven track record of building and scaling businesses across the Nordics and North Sea region. The New Energy Fund is HitecVision''s first dedicated Energy Transition fund, and is defined as an Article 8 fund under the EU''s SFDR framework. The Fund has already deployed €540 million across three investments in onshore and offshore wind power, district heating with carbon capture, and other energy transition initiatives, illustrating HitecVision''s strength of relationships and ability to execute on its new strategic focus. HitecVision received strong support from existing investors and a number of new blue-chip investors from Europe and the U.S.
Eaton Partners Acts as Placement Agent for HitecVision''s Energy Transition Strategy
ROWAYTON, Conn., Aug. 16, 2022 (GLOBE NEWSWIRE) -- Eaton Partners, one of the largest capital placement agents and fund advisory firms and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF ), is pleased to have acted as placement agent for the HitecVision New Energy Fund ("NEF"). The oversubscribed fund reached its hard cap of €875 million, exceeding its €500 million target. HitecVision is a leading European energy investor with a proven track record of building and scaling businesses across the Nordics and North Sea region. The New Energy Fund is HitecVision''s first dedicated Energy Transition fund, and is defined as an Article 8 fund under the EU''s SFDR framework. The Fund has already deployed €540 million across three investments in onshore and offshore wind power, district heating with carbon capture, and other energy transition initiatives, illustrating HitecVision''s strength of relationships and ability to execute on its new strategic focus. HitecVision received strong support from existing investors and a number of new blue-chip investors from Europe and the U.S.