Sustainability conquers tangible asset investments
As far as the implementation of sustainable investments is concerned, classic sustainability projects such as wind farms or solar parks remain in high demand. “As has been shown once again in recent months, this is where sustainability and returns go together extremely well”, Knoblach points out.
Recently, other specific topics have been discussed that would not even have been worthy of attention without the climate debate. “We see enquiries, for example, for the development of charging infrastructures, for the development of decentralised storage solutions for green electricity or for the sustainable processing of sewage sludge”, says Knoblach. “There is often a lot of societal interest that goes hand-in-hand with building these infrastructures.” And private capital is already seeking investment opportunities in broad areas of these projects, even if they are not subsidised by the state.
Both (special) funds and certificates are suitable for making these topics investable and mobilising private capital for these tasks. More and more investors are turning to established securitizations, especially for topics related to tangible assets. “In this way, tangible assets can be issued as investable securities, making them investable, especially for pension funds or other professional investors”, Knoblach says. “Tailoring them with a view to the requirements of the Investment Regulation is particularly important for institutional investors.“