SCOR Investment Partners (The Partners) announces the launch of SCORLUX High Income Infrastructure Loans II, a sub-fund of SCORLUX SICAV-RAIF.
The fund marks the second vintage of SCOR Investment Partners’ multi-investor high-income infrastructure debt strategy, following the successful deployment of its inaugural fund, SCORLUX High Income Infrastructure Loans.
The new fund offers flexible and innovative unitranche or junior/mezzanine secured debt solutions to infrastructure projects or companies. It provides investors with a diversified portfolio, offering attractive risk-adjusted returns for a sub-investment grade profile.
SCORLUX High Income Infrastructure Loans II will invest in strategically important infrastructure sectors for EU countries, including renewable energy, digital infrastructure and transportation networks. The fund will also support initiatives related to decarbonization, energy efficiency and green mobility.
In line with the Partners’ sustainable investment philosophy, the fund’s investments will focus on financing low-carbon activities and those with a positive environmental contribution, such as circular economy initiatives and pollution prevention. SCORLUX High Income Infrastructure Loans II is classified as Article 9 under the European Sustainable Finance Disclosure Regulation (SFDR) and has been granted the LuxFLAG Environment Applicant label.
A European Long-Term Investment Fund (ELTIF) and accessible to institutional investors, the fund has already secured an investment commitment of EUR 100 million from the SCOR Group, ensuring strong alignment of interest, and is targeting a total fund size of EUR 500 million.
Paola Basentini, Head of Infrastructure Debt at the Partners, commented: “Following the success of our first high-income infrastructure debt vintage, we are proud to offer investors access to a new, carefully selected, portfolio of diversified investments. These investments will provide attractive returns while contributing effectively to the energy transition”.
Louis Bourrousse, CEO of SCOR Investment Partners, added: “We have been an active player in infrastructure debt since 2013. With our second-vintage high-income infrastructure debt fund, we offer access to a valuable niche market that would otherwise be difficult to reach. Our infrastructure team leverages its proven sourcing skills and strong track record to deploy this new fund.”
With EUR 2.4 billion of investments completed across 80 infrastructure debt transactions since 2013, SCOR Investment Partners’ infrastructure team has been a pioneer in offshore wind, fiber networks, and sustainable datacenters investing. The team focuses on building well-diversified portfolios through secured project structures based on stable, predictable, and generally inflation-protected cash flows.
