Infrastructure
Polestar Capital to raise up to EUR 500m for new e-mobility investment strategy
Dutch GP plans to close new vehicle in mid-2024 as Circular Debt fundraising continues
Clean capital: record impact fundraising creates pools of do-good money
Impact vehicles raised EUR 8.5bn last year, but 2023 is off to slow start with just two funds closed
Sullivan Street to strike ‘at least’ two special sits deals and one exit this year with new ex-ICG hire
First fundraise for the complex situations investor ‘definitely’ on the horizon, although focus now on dealhunting
Sponsors ponder ESG questions as EU Taxonomy spurs gas, nuclear funding flow hopes
Framework gives green light to deals in the sector but LP accountability could stymie potential investments
Agilitas bolsters team with two new hires in London
Philip Krinks, Arnaud Moreels join pan-European sponsor’s ESG and investment teams
Equistone hires Jefferies to advise on Amadys auction
Timeline for sale of Belgian network equipment solutions provider yet to be determined
Earth Capital merges four assets to form bioenergy plant SEHL
The new company is made up of four plants already held in the GP’s fully deployed Nobel Sustainability Fund
HitecVision holds final close for New Energy Fund on EUR 875m hard-cap
GP has raised an additional EUR 175m in co-investment capital for its first energy transition vehicle
Aliter Capital readies Ipsum for post-summer auction
DC Advisory to lead on sale of UK-based utilities and infrastructure services provider
Tikehau et al. sell majority stake in GreenYellow to Ardian
French sponsors to reinvest in the renewable energy firm following EUR 1.4bn deal
Lonsdale buys infrastructure consultancy Infrata
Deal for London-based firm marks the second investment made outside the GP’s buyout fund, which closed investment period last year
Primary Capital exits Readypower in trade sale
Readypower was acquired in a management buyout in 2017
Swen holds EUR 150m first close for impact fund Swift 2
Swen's third impact fund is EUR 50m committed after just one month on the road
IK Partners acquires e-commerce specialist Stein HGS
IK acquires its stake in the e-commerce company from Lennertz & Co, which will reinvest
Mirova launches debut impact fund with EUR 300m target
Fund will invest on a pan-European basis
Golding launches debut impact fund with EUR 300m target
Golding hired Andreas Nilsson and Nina Freudenberg to lead its new impact strategy earlier this year
EQT to collect non-binding offers for Adamo next week
Ardian is also among the suitors interested in submitting an NBO, one source says
Alantra holds €80m first close for energy transition fund
Klima buys minority stakes in fast-growing companies that aim at accelerating energy transition
Omnes closes Capenergie 4 on €660m
Fund exceeds its €500m target and initial €600m hard-cap, having launched in late 2019
Investec provides ESG-linked NAV facility for Bluewater
Facility is related to the portfolio of Bluewater Energy Fund I, which closed in 2013 on $861m
OTPP, KKR to buy Caruna from First Sentier Investors, Omers
Following deal completion, KKR and Ontario Teachers' will each own 40% in the company, followed by AMF Pension with 12.5%, and Elo Mutual Pension Insurance Company with 7.5%.
Eight Roads, Balderton lead $30m series-B round for Tibber
Alongside equity, the company secured $35m in debt financing from Nordea
Oxy Capital exits Prio Energy to trade
Sale ends a seven-year holding period for Oxy Capital, which acquired the company from Martifer
EQT's Saur bolts on Derichebourg Aqua
Saur secures a 51% stake in the French water utilities management company as part of a strategic partnership