Attractive risk-adjusted returns with global diversification
Korkia Global Renewables LP 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 LP
Investment term: 5 + 2 years
Target return: 12% p.a. (IRR) after fees
Diversification: Global fund investing in renewable energy and energy storage development and construction
Fund type: Closed-end alternative investment fund
SFDR classification: 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 binary risks are substantially reduced, yet return potential remains attractive. Korkia Global Renewables is already our fifth international alternative fund with a focus on renewable energy.
The fund’s competitive edge lies in access to Korkia Group’s diversified project pipeline, including a mature portfolio of over 15 GW of solar, wind and BESS projects, with an additional 9 GW in early-stage development. The mature portfolio comprises 14 GW of solar and wind and 9 GW of BESS across more than 160 projects in eight countries.
Trusted by institutions and family offices
“Korkia is an innovative global player offering unique investment products. We are satisfied with the performance of our investments 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 particularly important that 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 2025, a record amount of new solar power capacity was installed, exceeding 510 GW. Solar power generation grew by 27% compared to the previous year. In 2025, solar power was estimated to account for 8.5–9% of global electricity generation.
In recent years, more investment has been directed into solar energy than into all other energy sources combined.
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 LP fund
Attractive 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 LP’s sustainability-related disclosures (in Finnish).
Exclusive access to a diversified 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 a pipeline 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 global 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 trustworthy references make us a reliable partner for institutional investors and qualified 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
15+9
15 GW mature portfolio of solar, wind and BESS projects with additional 9 GW in early-phase
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 has sold a 10.7 MW portfolio of fully permitted solar PV assets in Northern Italy.. The transaction exemplifies high-quality exit and value realization for investors.
Read moreInvestor eligibility
Risk management
Sustainable investing
Fund term
Let’s discuss how you can invest
Send us your contact details via the form and our team will be happy to tell you more about the fund. The fund can be an integral part of an infrastructure allocation for both institutional investors and qualified high-net-worth private investors.
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Get in touch
Jussi Lilja
Executive Vice President, Investor Relations & Fund Management
+358 50 376 0653
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Legal Disclaimer
Korkia Global Renewables LP (the “Fund”) is managed by Korkia Capital Oy, a licensed Alternative Investment Fund Manager (AIFM). This website contains information relating to the Fund and is intended solely for investors in those jurisdictions where the Fund is duly authorised or notified for marketing in accordance with applicable laws and regulations.
The Fund may be marketed in Finland to both professional and non‑professional investors, subject to the terms and conditions set out in the applicable fund documentation. In addition, the Fund has been passport‑notified to Germany and Sweden for marketing to professional investors only and is not marketed to non‑professional investors in those jurisdictions.
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