Tikehau Capital Raises More Than €1 Billion for Private Equity Energy Transition Strategy - Seite 2

Tikehau Capital launched this strategy in 2018 with €100 million from its own balance sheet. This unique alignment of interest with LPs has proven successful, attracting large strategic investors from several geographies (whose commitments represent 45% of the funds raised overall).

Tikehau Capital’s T2 Energy Transition Fund is one of the leading and largest global growth private equity vehicles singularly committed to fighting climate change.

The T2 Energy Transition Fund, set up to help reach the goals of the 2015 Paris Agreement, provides growth equity to European SMEs that directly help lower GHG emissions. The T2 fund’s mission is to fight global warming by funding the growth of emerging corporate leaders in the energy transition space and investing in European SMEs that provide tools to response to the climate emergency.

Over the last 18 months, Tikehau Capital has invested €440 million in six European SMEs focused on clean energy generation, low-carbon mobility and energy efficiency. Pierre Abadie and Mathieu Badjeck, co-managers of Tikehau Capital’s T2 Energy Transition Fund, said: "In 2019 alone, Tikehau Capital’s energy transition portfolio companies have provided goods and services that, over their lifetime, will avoid one million tons of CO2 from being emitted. And this is the just the beginning.”

Tikehau Capital’s T2 Energy Transition Fund has already acquired stakes in: Greenyellow, a provider of energy efficient refrigeration solutions to retail outlets; Groupe Rougnon, a specialist in energy-efficient refurbishment of buildings; Crowley Carbon, a service provider that helps factories become more energy efficient; Amarenco a leading developer in distributed solar projects; Enso, a biomass boiler specialist; and EuroGroup, a supplier of engine parts for EVs.

The enclosed video highlights some of the fund’s LPs and government support. Thanks to Mr. Philippe Etienne, French Ambassador to the United States, Mr. Alex Doñé, Deputy Comptroller, Asset Management & CIO, Office of the NYC Comptroller, Mr. Scott Stringer, Ms. Olivia Grégoire, Minister of State for the Social Solidarity and Responsible Economy, as well as Mr. Nicolas Dufourcq, CEO of BPI France and Mr. Alain Godard, CEO of European Investment Fund, for their participation.