The quality of our funds is rooted in our vast experience in each of the asset classes. Our experts professionally assess risks and potential for value appreciation. They also actively monitor investments throughout the investment term with around 70 on-site specialists and, if necessary, with additional expertise sourced through our joint ventures or strategic partnerships.
Around 20 years of successful asset management by KGAL in the field of renewable energies and sustainable infrastructure - sector coupling and green hydrogen are the next technological step.
With KGAL ESPF 6 investors can make an active contribution to the decarbonisation of Europe with an investment in the attractive growth market of energy transition - diversified across technologies, sectors, countries and life cycles.
Green hydrogen and its derivatives | max. 100 % |
Opportunistic technologies (Power-to-Mobility, Power-to-Heat, Waste-to-Energy) | max. 49 % |
EU-27, EFTA and UK: | min. 75 % |
Other OECD countries: | max. 25 % |
EUR currency: | min. 70 % |
Targeted equity capital: | EUR 250 million |
Leverage: | 50 % targeted, max. 70 % at portfolio level |
Fund currency: | EUR |
Investment period: | 5 years |
Fund term: | 10 years |
ESG: | Impact fund according to Art. 9 SFDR |
Sustainability-related disclosures
Information on transparency when advertising ecological or social characteristics and sustainable investments on websites can be found here:
Summaries in the official languages of additional EU member states where the product is made available:
Information on pre-contractual disclosures in accordance with article 9 SFDR can be found here:
Please contact us to obtain the access password to the respective documents.
T +44 7774 706349
T +49 89 64143-180
KGAL ESPF 5 offers you the opportunity to invest diversified in renewable energies throughout Europe with a core+ strategy. With the successor fund to the successful KGAL ESPF 4, you are participating in the current European energy transition.
Investment and risk management offers value creation potential in all phases of the life cycle of the renewable energy systems to be acquired.
Wind generation: | max. 75 % |
Solar (PV) generation: | max. 75 % |
Hydro generation: | max. 30 % |
Other technologies: | max. 20 % |
EU/EFTA states in OECD: | min. 75 % |
UK & EU/EFTA non-OECD: | max. 25 % |
EU candidates excl. Turkey: | max. 10 % |
EUR-denominated: | min. 60 % |
Target total investment volume (TIV): | ca. EUR 1.0 billion |
Target equity: | EUR 500 million |
Target debt capital: | up to 50 % of TIV |
Fund currency: | EUR |
Investment period: | 5 years |
Term: | 10 years |
ESG: | Impact Fund according to Art. 9 SFDR |
Sustainability-related disclosures
Information on transparency when advertising ecological or social characteristics and sustainable investments on websites can be found here:
Summaries in the official languages of additional EU member states where the product is made available:
Information on pre-contractual disclosures in accordance with article 9 SFDR can be found here:
Information on periodic disclosures in accordance with article 11 SFDR can be found here:
Please contact us to obtain the access password to the respective documents.
T +49 89 64143-317
T +49 89 64143-180
As an impact fund, KGAL Core 5 LIFE offers the opportunity to invest in European residential real estate and markets in a diversified and sustainable manner (dedicated ESG strategy) with a balanced risk strategy (80% core, 20% core +) and country allocation, and to actively take advantage of the new market cycle that has begun.
Target total investment volume (TIV): | EUR 700 million (in build-up phase) |
Target equity: | EUR 400 million (in build-up phase) |
Target debt capital: | up to 45 % (of the value of the fund properties) |
Fund currency: | EUR |
Investment period: | unlimited |
Term: | unlimited |
ESG: | impact fund according to Art. 9 SFDR |
Sustainability-related disclosures
Information on transparency when advertising ecological or social characteristics and sustainable investments on websites can be found here.
Please contact us to obtain the access password to the respective documents.
ESG: classified according to Art. 8 SFDR
The Austrian Retail Park Fund GmbH & Co. geschlossene Investment KG (ARPP) was fully placed as of 27 February 2015, and the investment phase was completed on 31 December 2023. The Fund is invested in Austrian retail parks and supports the of role real estate in climate mitigation to contribute towards the international climate goals of the Paris Agreement.
Product disclosures for financial products that promote ecological or social characteristics or that have sustainable investments as their objective can be found here:
Summaries in the official languages of additional EU member states where the product is made available: n.a.
Please contact us to obtain the access password to the respective documents: Sandra Apelt, T +49 89 64143-180, sandra.apelt(at)kgal.de
ESG: classified according to Art. 8 SFDR
The placement period of Core 3 ended on 31 December 2022; the investment phase ends on 31 December 2023. The Fund is exclusively invested in residential real estate in Germany and promotes environmental and social characteristics. These include an ESG due diligence process for each investment, the regular identification of measures to optimize the environmental performance of the property as well as a preference for properties with a share of state-subsidised social housing, among others.
Product disclosures for financial products that promote ecological or social characteristics or that have sustainable investments as their objective can be found here:
Summaries in the official languages of additional EU member states where the product is made available: n.a.
Information on periodic disclosures in accordance with article 11 SFDR can be found here:
Please contact us to obtain the access password to the respective documents: Sandra Apelt, T +49 89 64143-180, sandra.apelt(at)kgal.de
ESG: classified according to Art. 8 SFDR
ESPF 3 was fully placed as of 31 December 2015, and the investment phase was completed in 2017. The Fund is invested exclusively in onshore wind projects and photovoltaic projects in Germany, France, Italy, Sweden and the UK.
The investments of the Fund promote the avoidance of CO2 emissions through renewable electricity generation.
Product disclosures for financial products that promote ecological or social characteristics or that have sustainable investments as their objective can be found here:
Summaries in the official languages of additional EU member states where the product is made available: n.a.
Information on periodic disclosures in accordance with article 11 SFDR can be found here:
Please contact us to obtain the access password to the respective documents: Sandra Apelt, T +49 89 64143-180, sandra.apelt(at)kgal.de
ESG: classified according to Art. 8 SFDR
The placement period of “MONA Eins GmbH & Co. geschlossene Investment KG” and “MONA Zwei GmbH & Co. geschlossene Investment KG” ended on 21st March 2014; the investment phase was completed on 15th December 2014. Both funds are invested exclusively in a commercial and office building in Munich-Moosach, designed as a local shopping centre. Environmental and social characteristics have been fulfilled both in the construction phase and for the management of the property, e.g., as part of a LEED Gold certification.
Product disclosures for financial products that promote ecological or social characteristics or that have sustainable investments as their objective can be found here:
The disclosure covers both Funds, as they are exclusively invested in the same building.
Summaries in the official languages of additional EU member states where the product is made available: n.a.
Information on periodic disclosures in accordance with article 11 SFDR can be found here:
MONA Eins DE
MONA Zwei DE
Please contact us to obtain the access password to the respective documents: Sandra Apelt, T +49 89 64143-180, sandra.apelt(at)kgal.de
ESG: classified according to Art. 8 SFDR
The Fund holds the sole ownership of Perlach Plaza GmbH, which has built the district centre “Perlach Plaza”. After completing this transaction the Fund was closed to new investments as of 15 December 2022. It promotes both environmental and social characteristics and also observes KGAL’s exclusion criteria.
Product disclosures for financial products that promote ecological or social characteristics or that have sustainable investments as their objective can be found here:
Please contact us to obtain the access password to the respective documents: Sandra Apelt, T +49 89 64143-180, sandra.apelt(at)kgal.de
Since 1968, KGAL Group has been developing attractive financing and investment models for real estate.
KGAL Investment Management is one of the pioneers in the investment market for renewable energies.
From our first aviation fund in 1979, 58 mutual funds have followed, along with 81 private placements.