Igneo Infrastructure Partners closes EDIF III above hard-cap at €5.3bn

London, 3 December 2025: Igneo Infrastructure Partners (‘Igneo’), a global infrastructure investment manager, has successfully concluded the fourth and final series fundraise for the European Diversified Infrastructure Fund III (‘EDIF III’), closing the fund above its hard cap at €5.3 billion.

This fundraise series, which closed on the 30^th October 2025, has seen the fund accept commitments from 60 leading global institutional investors, including the first investors in the European funds from the United States via a public pension fund as well as the first investors from Taiwan and Singapore. 

Igneo saw a 110% re-up (by capital) from investors who are already invested in EDIF III’s predecessor funds. Some 60% of underlying EDIF III commitments have been made by European institutional investors, with further commitments coming from Asian, Australian and Canadian investors.

To date, the fund has deployed or committed c.90% of total commitments raised across ten portfolio companies.

The fund’s strategy remains consistent with predecessor funds EDIF I and II and targets investments in European middle-market, sustainable, mature infrastructure assets in the energy, transportation, utility and telecommunications sectors. The EDIF III portfolio currently comprises:

• Auto-Estradas do Douro Litoral, a Portuguese a toll-road operator;
• B+T Group, a Franco-German energy-from-waste platform;
• City Green Light, an Italian public lighting and smart city operator;
• DAH Group, a German biogas producer;
• enfinium, the UK’s largest energy-from-waste platform;
• ENSO, a Spanish bioenergy producer;
• EVOS, a pan-European liquid energy storage platform;
• Finerge, a c.2GW Iberian renewables generator;
• Höegh Evi, a Norwegian developer and operator of floating storage and regasification units; and
• Westconnect, a German fibre-optic network owner.

The next iteration of the European strategy, will likely follow shortly, reflecting an extremely attractive environment for the core plus infrastructure market with several thematics supporting a very strong investment opportunity set as demonstrated by EDIF III already c.90% committed with a very strong pipeline ready for swift capital deployment.

Niall Mills, Global Head of Igneo said:

“We are proud that the strength of our offering has enabled us to welcome our first investors into the European funds from the U.S., Singapore and Taiwan, while continuing to benefit from the ongoing support of our investor base, reflected by our 55% re-up rate. Despite the challenges faced throughout 2025, we are pleased that our commitment to our investment philosophy of middle-market, responsible investment-led, proactive asset management has allowed us to deliver long-term sustainable value to our investors.”

Stephen O’Shea, Head of Investor Relations and Consultant Engagement at Igneo said:

“We are extremely grateful to all our investors for their ongoing trust and support in this latest fundraise that enables us to continue to source, acquire and proactively manage high quality middle-market European infrastructure businesses. The increasingly busy transactions market being witnessed across the second half of 2025 will allow us to promptly deploy our investors’ capital.”