Clean Energy Pipeline’s Post

“We have to recognise that this private capital is global and we need to compete effectively - making UK projects as investable as possible.” 💬 As part of his article looking at the three megatrends that will shape the investment landscape, David Young, Partner and Head of International Funds & Asset Management at Pinsent Masons, comments on the innovative funding deals into Gresham House Secure Income Renewable Energy & Storage LP (SIReS) he has advised on. He highlights #decarbonisation, deglobalisation and digitisation as the key themes in the development of #sustainableinfrastructure investment globally and the huge need for capital to fund these projects, with over 90% of the finance required coming from the private sector. https://lnkd.in/g89XYUqT #batterystorage | Capital at risk. Not an investment recommendation.

As the tax year comes to an end, BHESCo CEO Kayla Ente MBE explains the security and tax-benefits you can expect from investing in BHESCo's Bond Offer. All details: https://lnkd.in/es43YkyV #ISA #Investing #ImpactInvesting #SocEnt #Coops #ClimateAction #ActOnClimate #CommunityEnergy #ImpactInvesting #Renewables #RenewableEnergy #SolarPV #SolarPower #ImpInv #ClimateAction #ActOnClimate #Brighton #Hove #BondOffer #Investing #ClimateFinance #PrivateEquity #VentureCapital #socialinnovation #impactinvesting #esginvesting #philanthropy #climatetech #esg #climatefinance #funds

The European Investment Fund (EIF) has signed a €150 million cornerstone commitment to the White Summit Capital Decarbonisation Infrastructure Fund II (WDIF II), which has a target size of €500 million. WDIF II aims to accelerate Europe’s energy transition by investing across a range of initiatives, including in clean energy, climate mitigation, security of energy supply, and others. The agreement is backed by the InvestEU programme, which aims to mobilise over €372 billion in additional investment for EU policy priorities over 2021-2027 period. “In line with our objective of accelerating Europe’s energy transition, we are excited to join forces with White Summit Capital,” said Marjut Falkstedt, EIF Chief Executive. “By leveraging the expertise and financial strength of the EIF and with the support of the InvestEU programme, alongside White Summit Capital we aspire to mobilise additional capital, expedite decarbonisation efforts, and contribute to building a sustainable future.” “We are delighted to partner with the EIF as we share many of the same objectives, including the belief that supporting smaller infrastructure companies operating in more complex energy sub-sectors is one of the keys to energy transition,” commented Pablo Pallas, Managing Partner at White Summit Capital. “Moreover, we hope that, together, we can unlock further capital deployment opportunities for the EIF’s partner organisations, such as the European Investment Bank and InvestEU, in order to accelerate Europe’s decarbonisation.” White Summit Capital expects WDIF II to reach a first close by Q1 2024. WDIF II will focus on addressing the funding gap in the energy transition middle market by supporting infrastructure companies across Europe to scale up their asset base and support their development. According to a joint statement, the fund intends to invest in c.10 companies with strong management teams, in three key areas where White Summit Capital has a proven track record: renewables Integration, sustainable transportation, and decarbonisation of industries. White Summit Capital expects the investments made by WDIF II to comprise an initial acquisition, followed by further capital deployment through growth or development. Paolo Gentiloni, European Commissioner for Economy, added: “I am glad that together with the EIF, under InvestEU, we are supporting this fund giving the financial boost that businesses need to contribute to our decarbonisation efforts. It will not only help infrastructure companies to make the necessary investments in renewable energy and energy security, but also bring clear returns in terms of high-quality jobs and sustainable growth for Europe.” #cleanenergy

Copenhagen Infrastructure Partners closed two new #funds at a combined €2 billion ($2.1 billion) to plow #money into producing clean #fuels and #financing #renewables #projects. CIP closed its Advanced Bioenergy Fund I and Green Credit Fund I in what’s been a record year for the Danish #fund #manager, it said in Monday. In July, it reached a €5.6 billion first close on its fifth flagship fund, which it’s seeking to more than double. The funds’ close comes as clean-energy companies face pressure from high-interest #rates and supply chain bottlenecks worldwide. ... Still, trillions of dollars of more #investment is needed as #economies push to hit net-zero targets through things like clean #electrification and green fuel. CIP’s launch of a #private #credit #fund also follows a booming trend in the #debt sector as #investors offer #loans to support #deals and #development projects — often at lower #rates than banks can provide. Todd Gillespie Bloomberg News https://lnkd.in/gHAdMQPP

The Ireland Strategic Investment Fund is allocating substantial funds: €200 million to Copenhagen Infrastructure Partners, €50 million to Impax Asset Management Group, and $30 million to ArcTern Ventures Fund III for early-stage climate-focused companies. 💡 Key Highlights: 🌱 Total climate investments by ISIF exceed €636 million since 2021, progressing towards the €1 billion goal by 2026. 🌱 ISIF's proactive stance mirrors global concerns, evidenced by recent reports such as the Environmental Protection Agency (EPA) Ireland's climate research funding and the EU's Copernicus Climate Change Service's records of consecutive high temperatures. 🌱 Copenhagen Infrastructure Partners' flagship fund aims to become the largest global fund dedicated to greenfield renewable energy infrastructure. 🌱 Impax Asset Management Group's fund focuses on supporting renewable energy developers. 🌱 ArcTern Ventures Fund III targets early-stage companies addressing climate and sustainability challenges through technology. “In 2021, we announced plans to invest €1bn over five years in addressing the climate challenge and we’re on course to hit that amount about two years ahead of schedule,” said ISIF director Nick Ashmore. #ClimateAction #RenewableEnergy #SustainableInvestment #GreenFinance #ISIF #CopenhagenInfrastructure #ImpaxAssetManagement #ArcTernVentures #ClimateTech

Corran Capital takes stake in Vital Energi after SEP exit Scottish private equity firm Corran Capital has acquired a 30% stake in Vital Energi from Scottish Equity Partners. Vital Energi is UK heat infrastructure company specializing in low-carbon heat networks. This move aims to accelerate Vital Energi's growth, allowing it to expand into new markets and technologies, including solar, battery and heat storage, and electric vehicle charging. The investment is part of an £80 million fund by Corran to support UK renewable energy entrepreneurs, with institutional investors like Strathclyde Pension Fund and Lexington Partners backing the deal. Gary Fielding, Founder and Chair, Vital Energi Gary Le Sueur, Founding Partner, Corran Capital Lucy Graham, Partner, Corran Capital

Adenia Partners, a private markets investment firm committed to responsible investing and a sustainable Africa, has completed a majority investment in Enfin, a solar financing solutions provider serving commercial and industrial clients across South Africa, as the first investment from its fifth flagship fund, Adenia V. Adenia is partnering with Heine Herholdt on this transaction, following the landmark success in their collaboration on Herholdt’s, a leading importer and distributor of solar equipment in South Africa. Heine will bring his unparalleled knowledge of the commercial and industrial solar sector. Florent de Boissieu, Partner at Adenia, said, "Enfin’s vision to fund a better future, based on the triple bottom line paradigm of people, planet and profit, aligns perfectly with our long-proven strategy to create sustainable impact while delivering financial returns. We look forward to working with Werner and the rest of the Enfin team to provide more South African businesses with energy savings and preserved capital – and as a result greater freedom to achieve their growth potential at this critical economic and environmental juncture.” Werner Loftus, CEO of Enfin, commented, "We are thrilled to join forces with Adenia Partners, whose track record in sustainable investing speaks for itself. With Adenia’s support and guidance, we will be able to accelerate the reach of our funding solutions that support full independence from unreliable grid energy. Specifically, we will look to better support the commercial and industrial sectors that are most impacted by the current energy crisis, reducing their coal dependance and enhancing their long-term sustainability." Read more: https://lnkd.in/di49FJ3x #RenewableEnergy #Solar #Investment

We recently had the opportunity to work with Praetura Asset Finance and other industry experts to conduct market research into the funding options available for UK SMEs. PMD Director, Tom Brown, spoke alongside a panel of industry leaders at the Fund the Gap launch party on 4th October 2023. He discussed the move to net zero and the challenges faced by UK businesses as well as the funding solutions available for those who are wanting to invest in green projects. "Business owners have lots to think about when it comes to renewables infrastructure. They should carefully evaluate the terms, the potential savings, payback periods and overall return on investment. There is also the question of funding for these types of projects... using asset finance to fund green projects provides business owners with a variety of benefits." You can download the full research piece at: https://lnkd.in/e4mpBAi8 For more information on asset finance and funding solutions to help your business focus on tackling decarbonisation, get in touch with us on - 📞 0161 633 2548 📧 salesadmin@pmdbusinessfinance.co.uk 💻 https://lnkd.in/e8sRDFNV

The NewVest team are very proud to announce today at Abu Dhabi Finance Week (ADFW), that they will be establishing the world’s first Private Energy Transition Funds Index. NewVest intends the Green Energy Transition Private Index Fund (“GET-PIF”) product line to be a capital gateway for private investments critical to successful energy transition and to therefore have an important amplifying effect on the availability of capital from investors globally.   NewVest’s Director of Climate Strategy, Ariel Ezrahi, said “We believe the innovative nature of NewVest as a passive investment tool for “buying the private market” will be a game changer in the climate finance space, providing a much-needed better-access at scale for mobilizing finance to the private companies who are actually coming up with the innovations needed for a successful energy transition.   You can read the full press release here - https://lnkd.in/esk3KPgA

The funds for this year’s edition of the AFM – Casa Verde Fotovoltaice program were exhausted in just a few minutes in each of the regions established by the authorities, and, in total, over 86,600 individuals across the country fully reserved the budget allocated to this project. They will receive funding to become prosumers by installing photovoltaic panels to produce electricity to cover their consumption needs and deliver the surplus to the national grid. The next stage that future prosumers within the Casa Verde Fotovoltaice program have to go through is to choose an installer validated by AFM (Environment Fund Administration). Enel is one of them, having been validated as an installer for the third consecutive year. On its business card are listed over 600 successfully completed projects and efficient management of over 15 million lei within this national project. (P) https://lnkd.in/dQGgvbGm