SWEN Capital (SWEN), a European private equity firm has held the final close of the infrastructure fund, SWIFT 2, an impact fund dedicated to renewable gas investments at EUR580 million (USD 620 million).
The fund exceeded its initial goal by more than double, surpassing the final close amount of its previous fund, SWIFT 1, by over three times. SWIFT 2, an impact fund dedicated to sustainable investments aiming to promote the decarbonization of the gas sector, has already made approximately twenty investments. It is expected to be fully deployed by the end of 2023. The fund focuses on direct investments in methanisation, biomethane, hydrogen, and renewable heat production. Its portfolio includes companies in 10 European countries such as France, Spain, Netherlands, Italy, Portugal, and the UK, as well as smaller interests in North America.
The European Commission has approved the proposed acquisition of Thales' ground transportation business (GTS) by Hitachi Rail. Hitachi Rail and Thales GTS are key providers of rail mainline signaling...
Read moreParis-based private equity and infrastructure firm Omnes has raised more than EUR1 billion (USD 1.056 Billion) for its Capenergie 5 fund. This fundraising marks Omnes' largest achievement so far. The...
Read moreMirova, an affiliate of Natixis Investment Managers has announced the project launch of Mirova Energy Transition 6 (MET6), its sixth strategy dedicated to energy transition infrastructure, aiming to r...
Read moreLa Banque Postale, together with its asset management arm LBP Asset Management, has launched an impact infrastructure fund focused on energy transition in Europe. This groundbreaking fund, a col...
Read moreFrench renewables developer Akuo has won a tender to build a large-scale battery storage system with a planned storage capacity of 200 MWh in New Caledonia, France. Akuo intends to implemen...
Read more