Azora launches European climate fund
Azora has launched a pan-European private equity fund, which will have a decarbonization theme around lower and mid-market businesses.
Azora European Climate Solutions Fund aims to decarbonize small and medium-sized businesses. The fund's strategy will focus on urban solutions, energy solutions and sustainable agriculture. Azora will provide capital and offer portfolio companies the opportunity to act as preferred providers for their portfolio and CBRE's European portfolio. Azora manages assets worth about EUR6.5 billion (US$7.1 billion). The company plans to invest EUR250 million (US$276 million) in capital commitments of 10-12 portfolio companies with an average "ticket size" in the range of EUR10 to 40 million.
CBRE acts as Azora's strategic advisor and helps identify opportunities.
Country updates
-
-
April 20, 2023
Contract awarded for Riquelme-Torre Pacheco section high-speed rail link project in Spain
ADIF Alta Velocidad has awarded the construction of the Riquelme-Torre Pacheco section 18 km high-speed rail link of the Murcia-Cartagena line to the joint venture (UTE) between ACCIONA (60%) - Azvi (...
Read more -
April 17, 2023
Ferrovial SA transfer and merger approved
Ferrovial SA shareholders have approved the transfer of the company from Spain to the Netherlands and a merger with its Dutch subsidiary Ferrovial International SE. The plan for this merger is t...
Read more -
March 31, 2023
Actis acquired data centres from Nabiax
Actis has acquired 11 data centers across 6 Latin American countries and the US from Spanish data center operator Nabiax. At close, Actis will be the new owners of the data centers in the Americas, b...
Read more -
February 28, 2023
NN Group, Rivage Investment launch EUR300mn sustainable infrastructure debt fund
NN Group and Rivage Investment (Rivage) have announced the launch of Rivage Private Debt – Fund for Infrastructure Climate Solutions. The fund focuses on European projects in the sectors of win...
Read more -
February 27, 2023
Targa Telematics to acquire Viasat Group
Targa Telematics Spa has signed an agreement for the acquisition of 100% share capital of Viasat Group Spa (Viasat Group). The completion of the transaction is contingent upon satisfying se...
Read more
