Octopus Energy Generation, the fund management division of Octopus Energy Group, has launched a new investment fund aimed at providing pension schemes and private wealth investors with greater access to the global energy transition.
The CG Octopus Energy Sustainable Growth Fund I, also known as ‘Astris’, offers exposure to a diversified portfolio of more than 50 renewable energy projects across 15 countries, spanning wind, solar, and large-scale battery storage infrastructure.
The fund launched with a cornerstone investment of £165 million (€194 million) and is now available through major investment platforms. Unlike most traditional private market vehicles, Astris provides monthly access, allowing retail and pension investors to invest alongside major institutional funds.
Astris has been awarded the UK Financial Conduct Authority’s ‘Sustainable Focus’ label, meeting the regulator’s highest standards for green investing.
Matt Setchell, Co-Head of Octopus Energy Generation, said: “For too long, pension schemes and private wealth have had limited investment opportunities in private markets due to a lack of innovative solutions. The launch of this fund changes that. Day one investors will own a globally diverse portfolio of renewable projects and companies—delivering genuine impact with no compromise on financial returns.”
Octopus Energy currently manages over £7 billion in green energy assets and powers approximately 2.4 million homes annually. The company has set a goal of deploying £20 billion (€23 billion) in clean energy projects by 2030.
Jeremy Soutter, Managing Director at Carne Group, the fund’s independent governance provider, said: “The fund is an important enabler of private wealth and pension fund exposure both to private infrastructure as an asset class and to the energy transition as an investment opportunity. We believe our partnership with Octopus exemplifies the benefits of collaboration in bringing innovative private markets products to investors.”
