Clean energy fund, SAF financing, and battery storage venture lead renewables updates
Sosteneo closed initial external commitments for its second European clean-energy infrastructure fund, bringing total backing above €450 million and platform capital past €1.1 billion. LanzaJet obtained at least $20 million in committed financing to expand sustainable aviation fuel output at its Georgia facility, with a first close on October 14 and remaining funds expected by December 2026. Premier Energies signed a shareholders' agreement with RCT Nexor Energy for a planned 12 GWh battery storage manufacturing plant in Telangana.
EXPANDED:
Sosteneo's first external close for its second European clean-energy infrastructure fund added over €150 million in commitments and co-investment, lifting total backing past €450 million and platform capital beyond €1.1 billion. Backers include Generali insurers and institutional investors. The vehicle focuses on construction-ready European assets in renewable generation, storage, grid flexibility and industrial decarbonisation. Its first fund holds 39 projects, about three-quarters operational, and began paying investment income in Q2 2026.
LanzaJet's at least $20 million committed financing, first closed October 14 with the rest due by December 2026, supports its Soperton, Georgia, ethanol-to-jet SAF plant. LanzaTech, Vinod Khosla and the board back it; LanzaTech's stake will rise. Premier Energies and Germany's RCT Nexor signed a shareholders' agreement for a 12 GWh Telangana battery storage factory, starting with 6 GWh annual capacity targeted for fiscal 2027–28.
Count words? First para: Sosteneo's(1) first2 external3 close4 for5 its6 second7 European8 clean-energy9 infrastructure10 fund11 added12 over13 €15014 million15 in16 commitments17 and18 co-investment,19 lifting20 total21 backing22 past23 €45024 million25 and26 platform27 capital28 beyond29 €1.1 30 billion.31 Backers32 include33 Generali34 insurers35 and36 institutional37 investors.38 The39 vehicle40 focuses41 on42 construction-ready43 European44 assets45 in46 renewable47 generation,48 storage,49 grid5