This report shows public data only. Is this your organisation? If so, login here to view your full report.

NTR Asset Management Europe DAC

PRI reporting framework 2019

serch-btn

You are in Organisational Overview » Basic information

Basic information

OO 01. Signatory category and services

01.1. Select the services and funds you offer

Select the services and funds you offer
% of asset under management (AUM) in ranges
Fund management
Fund of funds, manager of managers, sub-advised products
Other
Total 100%

Further options (may be selected in addition to the above)

01.2. Additional information. [Optional]

NTR (www.ntrplc.com) is a renewable energy investment management group that acquires, constructs and manages assets on behalf of itself and third parties. NTR currently has two funds: a €200m onshore wind fund in UK and Ireland, and a €500m on-shore wind, solar and energy storage fund in Western Europe. NTR as an asset manager brings sectoral expertise, financing capability and operational management to its clean energy investments.

Key aspects of our investments are:

On-shore wind, solar and energy storage projects located in Ireland, UK and Western Europe.
Investments are typically in a combination of ready to build and operating assets.
Assessments, acquisition, construction and asset management functions are carried out by a combination of our internal experts (investment, financial and technical), together with the use of outside advisors.
Our funds comprise a diversification of technology and geography.
All investments are independently evaluated by our Advisory Committee who advise each fund’s board on each investment opportunity.
Each fund’s board comprises a combination of fund representatives, senior members of the NTR Asset Management team and independent directors.
All investment opportunities undergo ESG evaluation including an ESG Exclusion Checklist as part of their evaluation.
All investments comply with relevant statutory planning, environmental, labour and fiduciary requirements and best practice.

OO 02. Headquarters and operational countries

02.1. Select the location of your organisation’s headquarters.

Ireland

02.2. Indicate the number of countries in which you have offices (including your headquarters).

02.3. Indicate the approximate number of staff in your organisation in full-time equivalents (FTE).

22 FTE

02.4. Additional information. [Optional]

OO 03. Subsidiaries that are separate PRI signatories

03.1. Indicate whether you have subsidiaries within your organisation that are also PRI signatories in their own right.

03.3. Additional information. [Optional]

OO 04. Reporting year and AUM

04.1. Indicate the year end date for your reporting year.

31/03/2018

04.2. Indicate your total AUM at the end of your reporting year.

Include the AUM of subsidiaries, but exclude advisory/execution only assets, and exclude the assets of your PRI signatory subsidiaries that you have chosen not to report on in OO 03.2
Total AUM
trillions billions millions thousands hundreds
Currency
Assets in USD
trillions billions millions thousands hundreds

04.4. Indicate the total assets at the end of your reporting year subject to an execution and/or advisory approach.

04.5. Additional information. [Optional]

NTR defines Assets Under Management (AUM) as the equity invested at cost. Our AUM on the 31st March 2018 was €203.5m.  Including non-recourse debt, this amount increased to €516.5m broken down as follows:

Fund:   NTR Wind 1 LP Fund 1

AUM (€) as of March 31, 2018            €203.5m

Project Non-Recourse Debt:                €313.0m     Non-Recourse debt includes Term Loan facilities only and assumes an exchange rate of GBP:EUR 0.85

Total:                                                     €516.5m

 

NTR Renewable Energy Income Fund II

Our second fund, NTR Renewable Energy Income Fund II is a €500m equity fund that reached its first close with €145 million of commitments on the 14th of December 2018.  It is not included in this 2018 reporting year.

OO 06. How would you like to disclose your asset class mix

06.1. Select how you would like to disclose your asset class mix.

Internally managed (%)
Externally managed (%)

 

Listed equity 0 0 0 0
Fixed income 0 0 0 0
Private equity 0 0 0 0
Property 0 0 0 0
Infrastructure >50% 100 0 0
Commodities 0 0 0 0
Hedge funds 0 0 0 0
Fund of hedge funds 0 0 0 0
Forestry 0 0 0 0
Farmland 0 0 0 0
Inclusive finance 0 0 0 0
Cash 0 0 0 0
Money market instruments 0 0 0 0
Other (1), specify 0 0 0 0
Other (2), specify 0 0 0 0

06.2. Publish asset class mix as per attached image [Optional].

06.3. Indicate whether your organisation has any off-balance sheet assets [Optional].

06.5. Indicate whether your organisation uses fiduciary managers.

06.6. Provide contextual information on your AUM asset class split. [Optional]

NTR’s funds’ asset class is 100% Infrastructure specifically focused on renewable energy assets (on-shore wind, solar and energy storage in Ireland, UK and Western Europe), using a combination of equity and non-recourse debt funding.

 

NTR does not use fiduciary managers, 100% of our assets are managed internally.

OO 07. Fixed income AUM breakdown (Not Applicable)

OO 08. Segregated mandates or pooled funds (Not Applicable)

OO 09. Breakdown of AUM by market

09.1. Indicate the breakdown of your organisation’s AUM by market.

100 Developed Markets
0 Emerging Markets
0 Frontier Markets
0 Other Markets
Total 100% 100%

09.2. Additional information. [Optional]

As mandated by our funds’ boards, all our AUM are in the developed markets of Ireland, UK and Western Europe.
Next Section
Top