Major hedge fund manager Lansdowne is set to launch a new fund focusing on clean energy companies. Sources familiar with the project said the fund, due for launch in Q4, will have 20-30 -positions.

It will seek mainly mature companies in developed markets – but with some next generation companies – working in clean generation equipment, new energy technologies, electricals, renewable operators and electrical infrastructure. It will include power generation companies if they are on a sustainable development path.