Climate Change Capital closes fund at €200 million

Investment

Climate Change Capital, an investment banking group specialising in clean energy and low-carbon investments announced the close of the Climate Change Capital Private Equity fund at €200 million, which it says is one of the largest such funds in Europe.

The fund will be targeted at high growth clean technology areas of clean power, clean transport, energy efficiency, waste recovery and water across Europe, investing in expansion of existing entities and later stage companies including buy-outs.

Investors in the fund include Alpinvest, Robeco, HSBC, USS, Alliance Trust, Bankinter, Woelbern Group and Harcourt.

Partner Simon Drury said, “The European clean technology market offers the potential for excellent returns and we are confident that we will be seen as a partner of choice by companies in this market, whose growth we feel we can support both through capital and access to [our] international network.”

Climate Change Capital CEO Mark Woodall said, “The close of the CPE fund confirms [our position] as one of the leading investment banking and asset management firms focused on clean technologies and the low carbon economies.”