Project Details
Project
Prime Green Energy Infrastructure Fund EU Taxonomy Alignment (2021)
Client
Prime Capital AG
Project Type
Sustainable Banking and Finance Services
Industry Group
Diversified Financials
Use of Proceeds
N/A
Location
Luxembourg
Evaluation Date
May 2021
Evaluation Summary
Sustainalytics has assessed Prime Capital AG’s Prime Green Energy Infrastructure Fund S.A., SICAV-RAIF’s Framework for alignment with the EU Taxonomy, and is of the opinion that the eligible green use of proceeds activity, electricity generation from onshore wind power, is aligned with the applicable Technical Screening Criteria (TSC) and Do Not Significant Harm (DNSH) Criteria in the EU Taxonomy. Five eligible activities were not assessed at this time. Sustainalytics is also of the opinion that the activity and projects to be financed under the Framework will be carried out in alignment with the EU Taxonomy’s Minimum Safeguards.