About This Fund
The Ardian Clean Energy Evergreen Fund (ACEEF) is an open-ended evergreen infrastructure vehicle managed by Ardian Infrastructure, the infrastructure investment arm of Ardian—one of the world's leading private investment houses headquartered in Paris, with over €125 billion in managed and advised assets across 850 employees in 15 global offices. Launched in April 2022 with AXA Group as cornerstone investor, ACEEF reached €1 billion in commitments at its closing in July 2023, establishing Ardian Infrastructure's first permanent capital vehicle dedicated to the energy transition across Europe and the Americas.
ACEEF targets operational renewable energy assets across mature technologies—solar, wind, and hydroelectric power—as well as emerging technologies including biogas, biomass, battery energy storage, and energy efficiency solutions. The fund pursues an operational optimization approach to maximize value creation across its portfolio of energy assets. Structured as an Article 9 fund under the EU's Sustainable Finance Disclosure Regulation (SFDR), ACEEF meets the highest European sustainability standards and offers institutional investors a permanent solution to grow their exposure to the energy transition. The open-ended structure enables continuous capital recycling, allowing investors to compound returns in a growing asset class without fixed-term wind-down constraints.
Since its launch, ACEEF has deployed capital across a diversified portfolio of renewable energy platforms, reaching 1.5 gigawatts of operating capacity across five platforms in Europe and the Americas. Portfolio investments include solar, wind, battery storage, and diversified renewable platforms across Finland, Spain, Italy, France, and the Americas. Ardian Infrastructure's team brings over 15 years of sector experience, managing more than 10 gigawatts of clean energy capacity across all Infrastructure funds, demonstrating the operational depth and investment discipline applied to each ACEEF asset.