Renewable Energy

The Italian photovoltaic sector is one of the largest globally, with a total installed capacity in excess of 18,000 MW. It is very fragmented, with the majority of operators managing portfolios of medium/small solar plants. After recent regulatory changes, pressure is growing for a significant consolidation of the sector as well as a rationalisation of its industrial operations.

In 2015 Tages established a business focussed on delivering long-term predictable income from the renewable energy market with an initial focus on the Italian solar market. Since then we have rapidly grown to become one of the main operators in Italy.

Solar Infrastructure Investment

The Renewable Energy Team

Tages’ first Fund is a leading consolidator in the Italian photovoltaic market. It invests in solar power plants located in Italy, typically with up to 4-5 years of operation history with the aim to rationalise management activities and increase plant efficiency. The PV plants will be owned by the Fund until the expiry of state incentives, which last for 20 years

With this latest acquisition (December 2017), the entire portfolio held by Tages Helios now generates around 290 GWh a year, which is an energy output capable of satisfying the electric energy demand of over 100 thousand families and results in an annual saving of around 152 thousand tonnes of CO₂ from being released into the atmosphere.

Tages has established a partnership, through Delos Power S.r.l., with Italian renewable energy plant manager Renam, for the management of the PV plants acquired by Tages Funds.

For further information on any of these products, please contact:

Tages Client Services clientservices@tagescapital.com

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The Tages Capital element of this website (“website” or “site”) is issued jointly by Tages Capital LLP and Tages Capital SGR SpA, collectively “Tages Capital”. Tages Capital LLP is authorised and regulated by the UK Financial Conduct Authority. Tages Capital SGR S.p.A. is authorised and regulated by Bank of Italy and it is enrolled under no. 132 of the Register of the SGR - AIF Managers section. Tages Capital LLP and Tages Capital SGR S.p.A. are controlled by Tages Holding S.p.A. and members of the Tages Group, a banking group enrolled with the Register of Banking Groups held by the Bank of Italy under no.20050. It does not constitute an offer by Tages Capital to enter into any contract/agreement nor is it a solicitation to buy or sell any investment.

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Performance Data

Information on performance follows UK and Italian standards. The performance figures refer to the past and past performance is not a reliable indicator of future results. The base currency of the funds may be Euro (EUR) or US dollars (USD), and unless otherwise indicated, performance figures are calculated in the base currency. The return of investors in non-base currency share classes may increase or decrease as a result of currency fluctuations.

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handling policy and procedures in accordance with which it handles complaints, including complaints made by complainants who are eligible to bring a complaint before the Financial Ombudsman Service, the independent statutory dispute-resolution body for the financial services industry in the United Kingdom.

Tages makes every effort to ensure that the information on the Website is accurate and complete at the time of its publishing. Although all the information is obtained from reliable sources, Tages does not guarantee that it is accurate, reliable, up-to-date or exhaustive. Any view or opinion expressed on this website is subject to amendment without notice. Tages cannot guarantee that the information on this website has not been altered as a result of technical malfunctions .

Tages accepts no liability for any loss or damage of any nature whatsoever, whether direct arising from accessing, using, consulting or navigating its website, or from links to other websites.

Tages Capital is a registered trademark. It is forbidden to reproduce (in full or in part), amend, create a link to or use this website for any public or commercial purposes without the prior consent of Tages.

Please read the specific legal notices to individual sections of the Website.

By clicking accept below, I confirm I am an Investment Professional.