{"id":37855,"date":"2014-10-30T07:16:46","date_gmt":"2014-10-30T06:16:46","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/edf-and-amundi-set-up-a-partnership-in-asset-management-aimed-at-financing-energy-transition\/"},"modified":"2014-10-30T07:16:46","modified_gmt":"2014-10-30T06:16:46","slug":"edf-and-amundi-set-up-a-partnership-in-asset-management-aimed-at-financing-energy-transition","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/edf-and-amundi-set-up-a-partnership-in-asset-management-aimed-at-financing-energy-transition\/","title":{"rendered":"EDF and Amundi set up a partnership in asset management aimed  at financing energy transition"},"content":{"rendered":"<p>The prime purpose of this company will be to raise funds from institutional and retail investors and to manage on behalf of third parties funds intended to finance projects relating to energy transition.<\/p>\n<p>EDF will contribute to this project its privileged access to investment opportunities within the energy sector thanks to its world-renowned expertise in the field. The Group will be a driving force behind investment for project<br \/>\ndevelopment, implementation and operation. Amundi will provide its investment structuration skills as well as its fund-raising capabilities. <\/p>\n<p>The partnership set up between these two leaders in their relevant scopes of expertise will benefit from the wide range of activities developed by EDF with respect to energy transition, while targeting the critical mass required for<br \/>\nstreamlined investment solutions. EDF and Amundi intend to offer the market two theme-based specific investment products. The first will be dedicated to renewable energy (wind power, photovoltaic, small hydro, etc.). The second<br \/>\nwill focus on energy saving strategies for B-to-B (including electro intensive industries). EDF and Amundi have set the fund-raising goal at 1.5 billion euros. <\/p>\n<p><strong>This unique partnership between an asset manager and an industrial company seeks to develop a new alternative asset class, decorrelated from the volatility of traditional investment markets, in order in particular to draw long term investments for the benefit of the real economy.<\/strong><\/p>\n<p><quote>The joint asset management company between EDF and Amundi is expected to create in parallel an investment fund based on high yield real estate[[Through EDF Invest, the entity in charge of managing non-listed investments within the portfolio of assets dedicated to the decommissioning<br \/>\nof EDF\u2019s nuclear plants]]\n. This approach could be extended eventually to non-energy related<br \/>\ninfrastructures.<\/quote><\/p>\n<p>Yves Perrier, Amundi\u2019s CEO, said: <em>\u201cThis partnership with EDF is part of Amundi\u2019s strategy to design innovating<br \/>\ninvestment solutions for its clients whilst addressing investment challenges faced by corporates\u201d.<\/em><\/p>\n<p>Thomas Piquemal, EDF Group\u2019s Senior Executive Vice President in charge of Finance, said: <em>\u201cAfter our inaugural<br \/>\nGreen Bond issuance in November 2013, a reference in the developing green bond market, this partnership with<br \/>\nAmundi demonstrates once again EDF\u2019s ability to innovate for the benefit of energy transition financing.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EDF Group, a leader in low carbon energy, and Amundi, the European leader in asset management, are pleased to announce their partnership for the creation of a joint asset management company[[P\u00e9rim\u00e8tre Amundi Group \u2013 Donn\u00e9es au 30 juin 2014.]]. <\/p>\n","protected":false},"author":20,"featured_media":37853,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1655,1651,2094,2007,1686,2139],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/37855"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=37855"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/37855\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/37853"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=37855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=37855"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=37855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}