In December 2020, Partners Group signed the acquisition of Careismatic Brands, the world's leading designer, marketer and distributor of high-quality medical uniforms. Following the acquisition, Partners Group will work closely with the management team of Careismatic Brands to broaden the company's reach into adjacent sectors, expand into further markets across Europe and to build capabilities in higher margin, higher growth direct-to-consumer eCommerce channels.
In March 2020, Partners Group invested in VSB Group, an integrated pan-European renewable energy platform. With a 20-year track record in the sector, our vision for VSB is to become the leading European renewables platform via regional expansion, acquisitions and delivering on VSB's sizeable and executable project pipeline. Furthermore, we are thrilled to be contributing significantly to the transition from fossil fuels to clean, renewable energy.
The uncertainty we see today creates challenges, but also opportunities, for companies and their investors. In this climate, we firmly believe that offense remains the best defense. Our thematic investment strategy, which targets transformative trends, combined with hands-on value creation at asset level, is guiding our investment efforts and helping us to steer our portfolios through these choppy waters.
In August 2020, Partners Group invested over AUD 180 million in equity on behalf of its clients to acquire and construct the second stage of Murra Warra Wind Farm ("Murra Warra II") in Australia. The construction is expected to be completed by mid-2022. The wind farm will comprise 38 GE Cypress 5.5MW turbines with a total nameplate capacity of 209MW, located approximately 30 kilometers north of Horsham in the state of Victoria, next to Murra Warra I.
Carmela Mondino from Partners Group's ESG & Sustainability team, discusses the firm's impact-at-scale strategy and explains how Partners Group implemented Principle 3 of the IFC Operating Principles for Impact Management – "Establish the Manager's Contribution to Impact Management" – at portfolio company Techem. Through its active ownership model, Partners Group worked hand-in-hand with Techem's management team to implement initiatives to the benefit of the environment and all stakeholders.
During Partners Group's three-year ownership, Merkur Offshore has been transformed from a construction-ready development site to a utility-scale wind farm within the German exclusive economic zone off the North Sea coast. Now fully operational, Merkur Offshore comprises 66 turbines, which are capable of supplying green energy to approximately 500,000 households.