Renewable Energy

One of our core sectors is renewable energy in Russia and the CIS, spanning from wind to solar and waste-to-energy. A renewable energy supporting mechanism was adopted in Russia in 2013 based on a time-tested primarily capacity driven compensation system previously implemented for traditional power generation. In the CIS countries, governments used feed-in- tariffs as a form of investors’ incentives. We are committed to the region and believe that renewable energy represents an interesting investment class with a bond type cash flow profile at an attractive yield.