Irbisio Green Fund Launches With $100M Target
The Irbisio Green Energy Fund is officially launching, aiming “to provide an integrated approach to clean technology infrastructure investing.”
A spokesperson said, “Irbisio Green Energy Fund is launching today to provide an integrated approach to clean technology infrastructure investing. With an initial target of $100 million to be deployed in two years, Irbisio will finance sustainable projects that support the goal of carbon net-zero while providing predictable returns to investors.
“Irbisio’s integrated investment approach will benefit both investors and investees through a coalition of deep technology specialists, financial professionals, and experienced clean tech project managers.
“Based in Bermuda and in stealth operation for the past year, Irbisio will invest across Europe, the Americas, and the Middle East. It has been founded by a team with a successful track record of managing over $1 billion in clean technology investments. The Irbisio Green Energy Fund will specialise in investment opportunities that deliver a significant impact on CO2 reduction and other beneficial environmental metrics, offer a reliable route to financial return and can adhere to a rapid completion timetable.”
Sergey Buchin, Irbisio Founder and CEO, said, “Clean tech is one of the fastest-growing investment sectors but needs financial precision and deep technology understanding to deliver results.
“We aim to promote sustainable development by identifying opportunities for our clients that align with major technology trends and offer de-risked investments. COP28 highlighted methods for enhancing our fund’s financial model to improve both impact and return for our investors. It also reinforced the notion that the green energy sector is poised to be a key investment trend in the upcoming decades, a perspective affirmed by the United Nations.”
The spokesperson said, “Irbisio will focus on projects encompassing energy conservation, sustainable energy generation, and usage optimization. Backed by an extensive project pipeline valued at several hundreds of millions of dollars, Irbisio will invest in high-return projects with well-defined exit strategies, ensuring swift capital turnaround.
“Through its integrated approach, Irbisio also ensures adherence to industry best practices, while guaranteeing robust and accountable investment operations.”
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Category: All, Business, Environment
How many people are actually in the Bermuda office?
uh, oh. lots of buzzwords and phrases.
sustainable
optimization
green fund
clean tech
clean technology
CO2 reduction
fastest-growing
carbon net-zero
sustainable development
robust…
again, go for zesty instead of robust.
Perhaps someone can fill in the missing information/clarify/correct what I found. Just curious. Some quick research shows:
Sergey Buchin lives in Monaco.
No mention of the number of employees or contractors actually working in the Irbisio Bermuda office. No employees are listed on the Irbisio website.
Irbisio’s website lists the office address as Innovation House, 46 Reid Street, Hamilton HM 12, Bermuda.
Innovation House offers 20 hotdesks on the 2nd Floor at $875 per desk, per month. Sub-basement, Basement 2, Ground Floor, 1st Floor, 2nd Floor, 3rd Floor, and 4th Floor are options for businesses.
No tenants are listed on the Innovation House webpage but I know they have tenants.
Irbisio’s website portfolio page states: “Our project pipeline, valued in the order of a hundred million dollars, encapsulates a diverse range of opportunities.” But not one project in the pipeline is named. What is actually in the “pipeline?” Is the pipeline a vision thing or actual projects?
Bernews story says: “With an initial target of $100 million to be deployed in two years,…” “to be deployed in two years” No projects are named. Vision thing? Semantics?
Thanking everyone in advance for your comments.