Spanish GP Suma Capital has invested in Finesse, a Spain-based company providing retrofit heating and water supply systems designed to increase efficiency.
The transaction is the third to be made from Suma's €20m Energy Efficiency Fund I.
The GP stated the retrofit systems were suitable for implementation across numerous condominiums in Spain.
Founded in 2014 and based in Avilá, in the Castilla y Leon Province, Finesse is a provider of systems designed to improve the energy efficiency in large buildings, in particular their heating systems.
Enrique Tombas is managing partner and CEO at Suma.
Laura Clayfield and Raj Mukherji have joined the London-based mid-market sponsor
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Despite macro woes, sponsor wants to build up on last year’s pace of investment and exceed GBP 400m mark in 2023