Climate Infrastructure Fund I

Infrastructure investments are typically grouped into three categories based on where they sit on the risk and return spectrum. The category determines how mature the underlying projects are, how returns are generated, and how much climate impact the investment creates.

• Core. Invests mainly in stable, income-generating infrastructure that already exists. Risk and return are lower, with a target net internal rate of return of 4 to 6 percent, mostly delivered as cash yield. Because these projects are already built and operating, the climate impact is more limited.
• Core plus. Invests in projects at earlier stages of development or in upgrades to existing infrastructure. Risk and return sit in the low to moderate range, with a target net internal rate of return of 10 to 12 percent, of which 3 to 4 percent is cash yield. Climate impact is moderate.
• Value-add. Focuses on the development or repurposing of infrastructure projects and investments in developers themselves. Risk and return are moderate, with a target net internal rate of return of 12 to 14 percent and limited cash yield. Climate impact is higher, because the capital directly finances the development and construction of new climate technology projects that deliver concrete greenhouse gas savings.

Climate Infrastructure Fund I focuses on the value-add and core plus segment, where the combination of attractive returns and meaningful climate impact is strongest.

Investing with Carbon Equity is easy and can be completed fully digitally:

1. Explore our funds on the website, or book a call with our team to talk through your options.
2. Create an account on our platform.
3. Reserve your investment. This is a non-binding step that lets you continue onboarding.
4. Complete your onboarding and sign your subscription form. This confirms your commitment.
5. Receive your first capital call after the next close of the fund.

A professional investor is someone who, under European financial regulations, is considered to have the experience and financial capacity to make informed investment decisions without the same level of regulatory protection as retail investors.

Yes, you can request to qualify as a professional investor with Carbon Equity by meeting specific criteria related to your financial portfolio, professional experience, and transaction history. You can learn more on our professional opt-up page.

Because professional investors operate with fewer regulatory protections, regulations allow us to offer them more flexible terms:

• A lower minimum investment than the standard ticket size for each fund.
• A smaller first capital call, expressed as a percentage of your commitment rather than a fixed minimum amount.

If you would like to discuss whether qualifying as a professional investor is right for you, please get in touch with our team.

Our ambassador program rewards you for sharing Carbon Equity with your network. When someone you refer mentions your name while reserving an investment in the same fund, both of you receive a 0,05% discount on your annual management fee, for the lifetime of that investment. There's no limit to how many people you can refer, but you get a maximum 0,25% discount.

All Carbon Equity funds are treated as non-transparent (or opaque) for Dutch tax purposes. The funds qualify as a fiscal investment institution (fiscale beleggingsinstelling), to ensure that there is no taxation at the level of the fund but only in the hands of the investor. This has been confirmed with the Dutch tax authorities. For Dutch individuals, the investment is taxed in ‘Box 3’ as an investment (overige bezitting). Dutch companies who invest into a fund are taxed on profits from their investment when they are realised.

For Belgian and German residents, the investment is typically taxed on distributions in your home jurisdiction. Tax treatment depends on personal circumstances and local rules, so we recommend consulting a tax advisor in your country before investing.

Non-Dutch investors should consult their own tax counsel before making an investment.