Investment Funds
Since 2015, Summa has managed infrastructure funds focused on investing in both economic and social infrastructure in Iceland. The funds are authorized to invest in new infrastructure developments as well as existing assets. They are intended for professional investors and are primarily financed by Icelandic pension funds.
Alongside its managed funds, Summa has engaged co-investors, often drawn from the funds’ investor base, allowing the firm to participate in large-scale projects. In total, Summa has been involved in infrastructure projects amounting to approximately ISK 200 billion.
Summa’s first infrastructure fund, Innviðir fjárfestingar slhf., was established in 2015 with an initial size of approximately ISK 7 billion. The fund invested in equity of economic infrastructure companies. Its investment period concluded in mid-2021, though it continues to support its existing holdings.
Its principal investments include shares in Verðbréfamiðstöð Íslands hf. and HS Veitur hf., a utility company providing heating, water, and electricity distribution.
Summa’s first infrastructure fund, Innviðir fjárfestingar slhf., was established in 2015 with an initial size of approximately ISK 7 billion. The fund invested in equity of economic infrastructure companies. Its investment period concluded in mid-2021, though it continues to support its existing holdings.
Its principal investments include shares in Verðbréfamiðstöð Íslands hf. and HS Veitur hf., a utility company providing heating, water, and electricity distribution.
Summa also manages dedicated investment projects through separate entities on behalf of its investors. These include, among others, pension fund investments in the PCC silicon metal plant in Bakki, Húsavík (through Bakkastakkur slhf.), and in solar silicon technology (through Sunnuvellir slhf.). These projects share a common feature: they are complex and technically demanding ventures where Summa’s specialized market expertise provides significant added value.
