Strong risk-adjusted returns with global diversification
Korkia Global Renewables Ky invests primarily in late-phase development and construction of renewable energy and battery energy storage projects in EU and OECD countries. It offers access to a carefully selected, globally diversified project portfolio.
Fund at a glance: Korkia Global Renewables Ky
- Investment term: 5 + 2 years
- Target return: 12% p.a. (IRR) after fees
- Diversification: International fund investing across renewables and storage development and construction
- Fund type: Closed-end alternative investment fund (Article 9 under the EU Sustainable Finance Disclosure Regulation, SFDR)
- Target size: €150-200 million
Investment strategy
The fund focuses on the late development and construction phases of renewable energy projects, where the principal risks are substantially reduced, yet return potential remains robust. Korkia Global Renewables is already our fifth international alternative fund with a focus on renewable energy. The fund’s major advantage is access to Korkia’s diversified project pipeline of over 22 GW. This includes 14 GW of solar and wind and 8 GW of energy storage across more than 150 projects in eight countries.
Trusted by Finnish institutions and family offices
“Korkia is an innovative international player offering unique investment products. We are satisfied with the outcome and the smooth collaboration with our contact.”
Jukka Mattila
CFO
Service Union United PAM
“The fund enables us to participate in the green transition and support a more sustainable future. Korkia has proven to be a reliable partner.”
Richard Rosenius
CEO
Thomfinance family office
“Korkia has many years’ experience particularly in solar investing, and a deep understanding of energy-markets. Their unique investment model clearly reflects this expertise – it really stands apart from other offerings in the market.”
Mikko Grönqvist
Finance Manager
The Finnish Construction Trade Union
“Korkia offers excellent responsible-investment products which in addition to significant return potential enable concrete action for biodiversity preservation. Service is personal and professional and takes into account clients’ individual needs.”
Juha Silander
CFO
Helsinki Parish union
“Through Korkia’s fund, we can invest in renewables globally. The projects are geographically diversified, so our investment has a positive impact in multiple parts of the world.”
Petro Poutanen
CEO
The Finnish Research Impact Foundation
“Renewable-energy markets are growing fast and attracting many investors. That’s why we consider especially important that behind the fund there is an experienced team with deep energy-sector understanding that can select the best available projects.”
Timo Kekkonen
CEO
Centre for the Promotion of Electrical Engineering and Energy Efficiency, STEK
Why invest in renewable energy now
Surging electricity demand
Global electricity consumption grew by 4.3% in 2024, and is forecast to expand at about 3.5% p.a. in 2025–2026.
Solar power as the engine of the energy transition
In 2024, a record 597 GW of new solar capacity was installed globally, more investment went into solar than any other form of energy. Solar already supplies around 7% of global electricity, and is expected to surpass windpower in 2025.
Battery storage demand is multiplying
As solar and wind generate intermittently, battery energy storage systems (BESS) are increasingly vital to balance production and consumption. Storage capacity in Europe has grown by 58% annually, while battery prices have fallen over 80% in the last decade. Growth of 46-58% per annum is expected over the next five years.
Data centers accelerate consumption
Electricity usage in data centers worldwide is projected to rise by 150% between 2024 and 2035. In Finland, consumption is forecast to quadruple, and globally AI-server energy use is growing about 47% annually.
Why choose the Korkia Global Renewables Ky fund
Strong risk-adjusted returns
Value creation takes place during the project development and contracting phase, when a project becomes ready-to-build and commercially attractive. The fund exits most projects before the construction phase, avoiding construction and operational risks while capturing value uplift.
Combine returns with impact
The fund is classified as Article 9 under the EU SFDR and aims to mitigate climate change, reduce CO₂ emissions, increase renewable energy production and support energy storage. Impact is measured and reported alongside financial performance. See further details about Korkia Global Renewables Ky’s sustainability-related disclosures (in Finnish).
Exclusive access to a broad global project portfolio
For an investor seeking alternative opportunities, building a diversified project pipeline across eight countries and various technologies would be highly challenging individually. Korkia provides access to this flow of projects, where only the most commercially viable and quality-screened deals are selected.
Extensive experience and trusted partner
Since 2018 we have launched five international renewable energy funds. The first yielded a realized IRR of 12.8%*. Award-winning expertise in the SFR Institutional Investment Services Programme study for two years running and broad references make us a reliable partner for institutional investors and advanced high-net-worth private investors.
*Past performance is no guarantee of future results.
Investment in financial instruments always involves risks. The value of investments can increase or decrease, and the money invested may be lost partly or totally. There is no guarantee that the actual return on investments or that the return of the selected investments would be in line with the presented return assumptions or always positive. Risks are described more fully in the official fund documentation. Alternative fund manager Korkia Capital Oy.
5
Number of Korkia’s renewable energy funds since 2018
22
Over 14 gigawatts of solar and wind generation and 8 gigawatts of storage (BESS) under development.
125
Own team of 50 and 75 local professionals working for our development companies.
Explore our project pipeline
Discover Korkia’s global projects from solar and battery storage to data center energy needs. See the kinds of project companies and their developments the fund finances.
Our portfolio
Successful exit
Korkia’s development company sold a solar and battery storage project in the United Kingdom to a fund managed by NextEnergy Capital. The transaction exemplifies high-quality exit and value realisation for investors.
Read moreMinimum subscription and investor eligibility
Risk management
Responsible investing
Investment horizon
Let’s discuss how you can invest
Send us your information via the form and our experienced professionals will be happy to tell you more about the fund. The fund is suitable as part of an infrastructure allocation for both institutional investors and advanced high-net-worth private investors.
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Get in touch
Jussi Lilja
Executive Vice President, Fundraising and Client Relations
+358 50 376 0653
