Klima Energy Transition Fund reaches final close at EUR210mn
Alantra and Enagás have announced that Klima Energy Transition Fund has reached its final close with EUR210 million (US$210 million) in commitments, exceeding its initial objective of EUR150 million (US$150 million).
The European Investment Fund has committed EUR30 million (about $30 million). Institutional investors, energy-related firms, public and European institutions, and family offices are among the other contributors to the Fund.
The Klima fund invests in companies with high growth potential in energy transition sectors such as low carbon solutions, smart power grids, energy storage, renewables and enabling technologies, digitalization of the entire energy equation, energy efficiency in hard-to-abate sectors, and sustainable transportation. The Fund has already made three investments that are geographically and sectorally diverse: the US power generator Mainspring, Swiss weather forecast predictor Meteomatics, and Swedish decentralized integrated solar firm SunRoof.
Country updates
-
-
September 22, 2022
Iberdrola secures EIS for 375 MW Solar PV project in Spain
Iberdrola has obtained the Environmental Impact Statement (EIS) for its 375 MW solar PV project in the municipality of Cedillo, Cáceres Spain.
Read more -
September 20, 2022
Solarpack signs agreement to acquire Solaer
Solarpack Corporación Tecnológica, S.A.U. has reached an agreement to purchase 100% of Solaer Holding, S.L. for an undisclosed amount. The transaction is fully financed with funds provi...
Read more -
September 19, 2022
Vestas secures 104 MW order for Pinta y Guindalera wind project in Castilla y León
Vestas has been awarded a supply order contract for the development of the 270 MW Pinta y Guindalera wind project that will be constructed in Valladolid, Castilla y León, Spain.&...
Read more -
September 16, 2022
Statkraft plans to build 86 MW wind projects in Basque
Statkraft España, a unit of Statkraft, is planning to invest up to EUR90 million (US$89.87 million) to build two wind projects with a combined capacity of 86 MW in Basque Country, Spain.&n...
Read more -
September 09, 2022
Aquila Clean Energy raises financing for 2.6 GW renewable energy projects in Southern Europe
Aquila Clean Energy has concluded a EUR1 billion (US$995.6 million) financing for the development of 2.5 GW of renewable energy projects in Spain and Portugal over the next three years. The projects w...
Read more
