SWEN Capital Partners reaches €440 Million closing for its renewable gas fund

With this third vintage, the fund has reached a key milestone by securing 50% of its fundraising target, with the ambition to exceed the size of its predecessor, SWIFT 2 (€715M). SWIFT 3 builds on the success of the previous two fund vintages and confirms SWEN’s position as one of Europe’s leading investors in renewable gas and renewable molecules.

SWEN has seen significant interest from global investors for the fund, including in Europe and North America, as LPs seek exposure to the energy transition and to investments supporting energy security and sovereignty in Europe. This includes strong demand from large institutional investors, including pension funds, insurance companies and banks. Notable LPs include the European Investment Fund (EIF), the Spanish public fund – COFIDES, a U.S. public pension fund, and the Aéma Group (notably Macif & Abeille Assurances).