$320 B Dubai Investment Fund Picks 5 RE Projects In Australia, Europe For Investments

• Dubai Investment Fund (DIF), among the globe's largest independent worldwide investment funds as well as asset supervisors, announced its investment into 5 projects aimed to establishing renewable energy sources in Australia and also Europe.

The fund has been expanding its investment strategies, to consist of even more environmentally friendly and also clean technologies, whose importance will most definitely rise in the future.

Details of the Investment

The projects that DIF will certainly sustain, encompass different regions and also communities:

• 2 of the start-ups are solar power plants for regional communities of Australia, utilizing the unique climate condition of the area to enhance the power supply in the area. The project will generate about 300 megawatts of solar power in its first phase.
• 2 even more projects will be established in Europe. These are an ingenious wind power plant in Germany and also a solar energy plant in Spain, which are expected to surpass 125 MW each.
• Another one is committed to improving power storage space techniques. Making sure secure as well as effective power storage is the key part of broadening alternative energy sources. The power storage space with an ability of 100 MW will be used together with the wind and also solar power plants mentioned above.

The technical and geographical selection of the projects makes sure, that they will certainly create as well as expand separately, thus boosting the stability of the possible profits.

The investment intends described over belong of the long-term approach of DIF to support appealing and cutting-edge research projects. "Among the core principles of DIF is spending into developing technologies, which will make individuals's lives much better in the future, as well as will create an opportunity for a much safer and also lasting environment,"-- explains Ryan Smith, Head of Global Approach and also Investment Procedures at DIF.

Concerning Dubai Investment Fund (DIF).

Developed in 2001, the Dubai Investment Fund (DIF) is just one of the world's largest independent investment and also asset administration companies founded to effectively take care of financial resources via diversification right into brand-new asset courses and growth oriented investments.

DIF takes part in personal equity, investment and asset management for 7,300+ exclusive and also institutional capitalists in 61 nations with $320+ billion in assets under monitoring.