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© Getty Energy efficiency funds are an increasingly popular part of the infrastructure asset class. Four London-listed funds are currently valued at over £1.5bn – going up in value by the month with new placings and fund raisings – and there will surely be more launches in the wings. I’m a non-executive director of one of these, the battery fund Gresham House Energy Storage (LSE: GRID), so I’m not going to make any comment about the attractiveness or otherwise of any individual fund, but here’s a quick run-through of the basics. A new kind of infrastructure These funds look a bit like other infrastructure funds: they are income focused, backed by real assets, and generate inflation-linked dependable cash flows. The average yield over the next few years should be in the 4%-7% range, which explains why all four trade at big premiums to net asset value – 16% for

United kingdomPoint energy efficiency infrastructureGrid energy storageTriple point energy efficiency infrastructureGore street energy storageஒன்றுபட்டது கிஂக்டம்பாயஂட் ஆற்றல் செயல்திறன் உள்கட்டமைப்புகட்டம் ஆற்றல் சேமிப்புமூன்று பாயஂட் ஆற்றல் செயல்திறன் உள்கட்டமைப்புகார் தெரு ஆற்றல் சேமிப்பு