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Einvestment Fund: The Middle East Ramps up Investments in Renewable Energy

Einvestment Fund: The Middle East Ramps up Investments in Renewable Energy
The Middle East Is Rapidly Developing the Renewable Energy Sector; the Region's Renewable Capacity From Wind and Solar May Increase 18-Fold by 2025; Einvestment Predicts Rapid Market Growth and Highlights Lucrative Investment Opportunities
LISBON, PORTUGAL / ACCESSWIRE / April 14, 2021 / The renewable energy sector is on the rise in the Middle East region. According to the data provided by the research firm Frost and Sullivan, the renewable capacity of the region is likely to expand by 18 times in four years. The expected scope of investment by 2025 surpasses $182 billion. These resources are planned to be used in order to increase the capacity by 57 GW.

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Einvestment Fund reports 253% year-to-year revenue growth and surpasses €100M in Assets Under Management

Einvestment Fund reports 253% year-to-year revenue growth and surpasses €100M in Assets Under Management
LONDON, Jan. 14, 2021 /PRNewswire/ --
Einvestment Fund significantly increased its revenue in 2020: it reached €38.2 million in 2020, compared to €15.1 million in 2019. The company reports a YoY growth of 253%, which was predominantly driven by the health care, green energy, and cryptocurrency sectors.
As of December 31, 2020, the fund has surpassed €103 million in Assets Under Management (AUM). The Fund plans to reach €200 million in AUM by 2022 as a result of expansion to new markets and improved portfolio management strategies.
"Bitcoin finally goes institutional, so crypto rally of 2020-2021 is primarily accelerated by institutional investors that are actively piling into Bitcoin and other digital assets. This is an important milestone in the industry that is attracting more people and new demanded products to the industry and move crypto market to a new level. Therefore, such a type of asset is becoming a serious competitor in the investment circles for traditional asset classes, including equities, commodities, precious metals, and even the traditional gold market with a worth of $9 trillion." - says Einvestment's Executive Director, Martha Vodvik.

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