According to Joost Bergsma, chief executive officer at Fortis Investments, the success of the fund has proven there is investor confidence in the renewables sector. "Even though electricity demand has plateaued across Europe – and in some cases is shrinking – demand for clean electricity is rising," he says.

Joost adds that the European Union renewables targets, which dictate that 20% of European electricity should be generated by low-carbon sources, have also boosted investor interest in these