ENVIRIA , a German C&I decentralised energy solutions provider, has entered into a definitive agreement on an equity investment of over $200 million from BlackRock, through its Global Renewable Power IV (GRP IV) fund. ENVIRIA said the additional capital will support the expansion of its already existing portfolio of 500 C&I solar projects across Germany as part of the company’s growth plan. “We are delighted to have found such a strong partner in BlackRock, who so enthusiastically supports our vision of empowering companies to harness the potential of solar,” said Melchior Schulze Brock, Founder and Chief Executive Officer of ENVIRIA. “BlackRock brings exactly the resources we need to continue our growth – both financially and in terms of knowledge." ENVIRIA is also supported in its goal by its Series A investors Galileo Green Energy, Redalpine, Alter Equity and BNP Paribas Développement. In addition to its 500 C&I solar portfolio, ENVIRA boasts a development pipeline that includes c.2,000 C&I projects totalling more than 2.3 GW, with a plan to deploy 1.7 GW by 2029. ENVIRIA represents the second investment that BlackRock’s GRP IV has made following the fund’s investment in Recurrent Energy in January. “Our investment in ENVIRIA adds to our strong track record of staying ahead of the curve in investing into infrastructure assets that are aligned with the energy transition, an investment theme that continues to show its growth and scalability,” commented Keith Mangan, Head of EMEA for Climate Infrastructure at BlackRock. Dirk Schmitz, Country Head of BlackRock in Germany, Austria, and Eastern Europe, added: “Germany’s shift to a low-carbon economy requires significant investment in renewable power infrastructure. “We are pleased to provide our clients access to this investment in a promising macro-economic environment for climate infrastructure in Germany." J.P. Morgan SE acted as exclusive placement agent to ENVIRIA on this transaction, while White & Case LLP acted as the legal advisor. #cleanenergy
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ECP (Energy Capital Partners) is in advanced discussions to acquire UK-based renewable energy developer Atlantica Sustainable Infrastructure Plc. The American private equity firm is finalising the terms of the potential acquisition, with a deal to be announced in spring or early summer 2024. Atlantica initiated a strategic review process aimed at enhancing shareholder value. Algonquin Power & Utilities Corp. is a significant stakeholder with 42% of the company. The outcome of the ongoing discussions remains uncertain, and there is a possibility that an agreement may not be reached, or that Atlantica could opt not to proceed. #MergersAcquisitionsDivestitures #PrivateEquity #Energy
ECP Is in advanced talks to acquire Atlantica Sustainable.
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SUSI Partners has secured a €25 million commitment from the European Investment Fund (EIF) for its SUSI Energy Efficiency & Transition Credit Fund (SEETCF). The investment aims to leverage SUSI’s extensive experience in financing energy efficiency and energy transition solutions at scale. Marjut Falkstedt, Chief Executive of the EIF, commented: “The EIF, with the backing of the InvestEU programme, is delighted to be able to contribute to SEETCF, which carries out specialist financing to accelerate decarbonisation in all segments of the economy. “This is closely aligned to the main priorities of both the EU and the EIB Group – namely, accelerating the energy transition in Europe by attracting more private investment into this field.” Launched in 2022, SEETCF is the third fund in SUSI’s credit series and features an investor base that includes European institutional asset owners, such as pension funds, insurance companies, and other private and public investors. SEETCF’s focus on energy efficiency and transition solutions delivered by small and mid-sized companies aligns well with the EIF’s mandate. SUSI’s network of approximately 60 energy service companies and project originators will further support the fund’s mission of delivering positive climate impact, as classified under SFDR 9. To date, SUSI Partners has invested approximately €700 million in “as-a-service” energy transition solutions through its senior-secured, asset-backed financing. The solutions address a wide range of energy transition needs, including industrial decarbonisation, deep building retrofits, LED streetlighting, smart meters, and solar PV self-consumption. #cleanenergy
SUSI Partners Secures Commitment from European Investment Fund
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BrightNight, a NYC-based renewable power producer led by Chairman and CEO Martin Hermann, has raised $440 million in strategic equity investment from Goldman Sachs Alternatives. This funding will fully finance BrightNight’s five-year business plan and advance its 31-gigawatt renewable power project portfolio, which includes solar and energy storage solutions. The company also increased its corporate credit facility from $375 million to $400 million, structured as a Green Loan to support its U.S. projects. BrightNight utilizes its AI platform, PowerAlpha®, to optimize renewable project design and operation, providing clean, dispatchable power solutions to customers across the U.S. Current investors include Global Infrastructure Partners and CPP Investments-backed Cordelio Power. Learn More: https://lnkd.in/gwg2P3u2 INVESTORS: Goldman Sachs Alternatives, Global Infrastructure Partners & CPP Investments AMOUNT: $440,000,000 HQ: #NewYorkCity #VentureCapital #MartinHermann #GoldmanSachsAlternatives #GlobalInfrastructurePartners #CPPInvestments #TradedVC
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♻️ 💡 #ColliersPoland with a new service in which experts advise investors looking to diversify their property portfolio by expanding it with #RES projects. "The creation of the Renewable Energy Investment service was a natural extension of Colliers' investment consultancy in response to market needs. By offering investors the option to purchase projects fully prepared for the construction of Renewable Energy Source (RES) farms, we aim to enable them to diversify their portfolio and invest in energy sources that will form the basis of the future energy sector due to numerous EU regulations," explains Piotr Mirowski, Senior Partner, Investment Services at Colliers. Contact Piotr Mirowski, Dariusz Chrzanowski, Tomek Czerniak and find out more. More details can also be found here ➡️ https://ow.ly/I31u50SaHF8. #RealEstate #EnergyAdvisory #Investment
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Discover Dixcart Guernsey’s must-read article: Why are Guernsey Funds Attractive to Renewable Energy Investments?👉 https://lnkd.in/eUi5_PUQ For more insights on the establishment and administration of a private investment fund and their relevance to corporates operating in the renewable energy sector, please don’t hesitate to reach out to 👉 advice.guernsey@dixcart.com #Dixcart #GuernseyFunds #PrivateInvestmentFund #RenewableEnergy
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Too many renewable energy investment options? Now that’s the kind of dilemma the planet loves! 🌎😜 Private equity funds are making major moves in the renewable energy sector, with a staggering $15 billion flowing into clean energy projects globally. ⚡️ PE giants like Apollo, KKR, Carlyle, and Brookfield are seizing the opportunity to invest in solar, wind, and energy storage technologies, driven by both the promise of strong returns and the growing demand for sustainable investments.💰 These firms are not only backing large-scale infrastructure projects but are also pushing the renewable energy industry forward with innovation, tech integration, and a focus on carbon credits 🤝 Our commitment to impactful, scalable renewable energy projects aligns perfectly with the goals of these investors. As more PE funds embrace clean energy, the world moves closer to a sustainable, low-carbon future. 🌱 PS: At WElink, we have an ambitious pipeline of Solar and Wind! 🙂 #PrivateEquity #RenewableEnergy #ImpactInvesting #Apollo #KKR #Carlyle #Brookfield #CleanEnergy #GreenInvestments #CarbonCredits #Sustainability #WElinkGroup
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Generating long-term value for clients while contributing to the green transition.
Storebrand Infrastructure Fund has expanded its sustainable infrastructure portfolio by entering into an agreement to acquire a stake in the leading French independent power producer, VALOREM, in partnership with AIP Management. This investment supports Storebrand’s broader strategy to increase its presence in sustainable infrastructure and accelerate the #green #transition. VALOREM specializes in developing and operating renewable energy infrastructure, including wind, solar, and hydropower. Founded in 1994, VALOREM has nearly 30 years of experience as a pioneer in renewable energy, with a fully integrated business model covering the entire value chain—from project development to construction and operations. "The investment aligns well with our broader goal of generating long-term value for our clients while contributing to the green transition in Europe," says Dagfin Norum CIO Storebrand Asset Management. More information about the aquisition in the link below 🔗 https://lnkd.in/dmDdeXAD #assetmanagement #greentransition #energy #sustainability Jo W. Gullhaugen Dennis Reichhardt Ann-Marie Kulvik
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NextEnergy Capital is thrilled to announce that its third fund, NextPower III ESG (“NPIII ESG”), has energised two further utility-scale solar assets for a total of 260MW across Spain and Portugal. This takes its Iberian exposure to 356MW in operation with an additional 110MW in construction. NPIII ESG successfully completed its investment period last year and has committed all of its raised capital. Michael Bonte-Friedheim, CEO and Founding Partner of NextEnergy Group, said: “I continue to be delighted by the progress of the NextPower III ESG portfolio, having fully committed the entirety of its capital ahead of its investment period expiry in late 2023. The portfolio continues to demonstrate our execution capabilities with the energisation of both Agenor and Santarem, adding 260MW of solar capacity in Iberia, one of the fund's key target markets. "NextEnergy Capital remains committed to driving the transition to clean energy and continues to add significant value to investors as the leading solar specialist investment manager in the renewables sector. We look forward to continuing this momentum with future capacity coming online across all of NextEnergy’s funds.” Antonio Salvati, Managing Director of NextPower III & NextPower V, commented: “The energisation of Agenor and Santarém add significant operational capacity to NextPower III ESG and showcase how the team are continuously deploying capital, energising sites, and adding generation capacity across its OECD target geographies. We are particularly pleased with our progress in an increasingly complex supply chain and construction environment.” Read more through the link below: https://lnkd.in/d93G5UN |#eusolar | #eusolardeployment | #esginvesting | #decarbonisation | #netzerotransition | #solarspecialist | #infrastructureinvesting | #nextisnow|
News - NextEnergy Capital
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Southerly Ten is powered by Copenhagen Infrastructure Partners (CIP) - the world’s largest fund manager dedicated to greenfield renewable energy investments and a global leader in offshore wind. CIP invests for impact, with a goal to deploy more than $150 billion of equity to reduce global carbon emissions by 1% by 2030. CIP's investors include more than 170 prominent institutional investors and by partnering with superannuation funds worldwide, CIP is also building worker’s retirement nest eggs with investments that support the global energy transition. Southerly Ten is leading the development of offshore wind projects across Australia on behalf of CIP's flagship funds – including Australia’s most advanced offshore wind farm, Star of the South. Through CIP's global network, our team has access to over 1,850 energy specialists worldwide. We have the best minds on the job. #OffshoreWind #Australia #investors #SoutherlyTen #global #RenewableEnergy
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🌞 Exciting news in the renewable energy sphere! 38 Degrees North is gearing up for significant growth with a fresh equity investment from S2G Ventures and the strategic acquisition of community solar assets in New York from CPG. 🚀 This move not only underscores our commitment to accelerating community solar development but also fortifies our approach to supporting the full lifecycle of renewable projects. Welcoming S2G's Priyanka Duvvuru and Francis O'Sullivan to our board, we're charting a bright and sustainable path forward! 💡 Let's talk about the future of energy – join the conversation! #RenewableEnergy #CommunitySolar #SustainableInvestment #GrowthEquity #38DegreesNorth [Please note that this LinkedIn summary is for illustrative purposes only and should not be used as is without verifying the accuracy and relevance to your intended post, given that the context provided is limited and might not reflect the latest status of 38 Degrees North or its agreements.]
"Unveiling 38 Degrees North's Milestone: Solar Expansion and Ventures"
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