GFRI set up in record time

Luxembourg, 10 October 2012

At its first meeting held today, the management board of Growth Fund for Renewable Infrastructure S.A. SICAV-FIS confirmed that this Luxembourg-based investment fund had been established and commenced business. The first sub-fund G-FERE was also established at the same meeting. Its focus on investments into diversified technologies as well as countries with growing power markets is particularly intended to appeal to long-term investors looking for high returns from a secure investment.

"We are pleased to have such experienced partners as Alter Domus, Caceis and Ernst & Young to advise and service the fund", said Jürgen Mortag, Managing Director of the GFRI fund. "We were especially fortunate to have Achim Pütz from DECHERT LLP as our lawyer. With his help and great experience we were able to establish this fund to the highest professional standards in record time.