Bringing you live news and features since 2006 

Hazel Renewable Energy VCTs raise GBP41.6 million


Hazel Capital’s two new Renewable Energy VCTs closed to new investment on 10 August, raising GBP41.6 million which, according to Hazel, makes them the most successful ever launch by a new entrant to the market. Shares were allotted to investors on 12 August.

Christian Yates (pictured), partner at Hazel Capital, says: “When we constructed the Hazel Renewable Energy VCTs we were conscious that they should invest in a diversified portfolio of renewable energy projects and not focus on one area. This approach proved popular with advisers and investors many of whom also recognised that this could be their last opportunity to take advantage of a uniquely favourable tax treatment for investment in this sector by VCTs. As a new entrant to the VCT market we view the fund raising for this VCT as a phenomenal success for Hazel Capital and an endorsement of the expertise and track record of our team in managing investments in renewable energy and cleantech.”
The VCTs have already invested in five projects in the UK that qualify for the FIT regime. These investments include; three ground mounted solar projects, one small wind generation project and one rooftop solar project.

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by