European Investment Bank

European Investment Bank is the EU's long-term lending institution owned by its member states. It finances public and private sector projects across transportation, energy, telecommunications, health, education, water, housing, and other sectors in the European Union and beyond. The bank provides a range of financing tools including project loans, guarantees, debt and equity investments, and risk-sharing arrangements, as well as microfinance and venture capital funds. It also offers advisory services, infrastructure funding, and support for urban development, PPPs, and sustainable energy projects. Through infrastructure and environmental funds and partnerships with banks and intermediaries, it supports SMEs, innovation, and the transition to a low-carbon economy.

Andrus Ansip

Vice President

Nicola Beer

Vice President

Markus Berndt

Acting Managing Director of EIB Global, Head of Operations

Teresa Czerwińska

Vice President and Member of the Management Committee

Ambroise Fayolle

Vice President and Member of the Management Committee

Werner Hoyer

President

Kyriacos Kakouris

Vice President

Adrian Kamenitzer

Deputy Director General and Chief Risk Officer

Jean-Christophe Laloux

Director General

Emma Navarro

Vice President

Lilyana Pavlova

Vice President

Alexander Stubb Ph.D

Vice President and Member of the Management Committee

Thomas Östros

Vice President and Member of the Management Committee

Past deals in Renewables

UP Catalyst

Debt Financing in 2025
UP Catalyst is a manufacturer focused on producing sustainable carbon nanomaterials and graphite for the green energy storage industry. The company specializes in utilizing carbon dioxide through electrolysis to recycle waste materials, addressing the growing demand for graphite while ensuring environmentally friendly sourcing of carbon materials. This innovative approach enables clients to incorporate UP Catalyst's nanomaterials into various applications, including battery and supercapacitor technologies, conductive and strengthening coatings, polymer formulations, and water filtration systems. Through its commitment to sustainability, UP Catalyst aims to contribute to the development of greener energy solutions.

Sunly

Debt Financing in 2025
Sunly is a renewable energy company active in the Baltics and surrounding markets. It develops solar and wind parks, operates them, and invests in start-ups focused on renewable energy and electrification.

Orano

Debt Financing in 2025
Orano is a France-based energy company focused on nuclear power, offering end-to-end capabilities across the nuclear fuel cycle, reactor design and construction, and operating services. It handles transportation, storage, and management of nuclear materials, packaging and transport services, dismantling of nuclear installations, specialized maintenance, and both nuclear and non-nuclear engineering. The company also pursues renewable energy initiatives through partnerships to develop high-technology solutions for low-carbon power generation, combining nuclear and renewable strengths to support safer, lower-emission energy.

Latvenergo

Debt Financing in 2025
Latvenergo is an energy company based in Latvia, operating in the Baltic region. It produces and trades electricity, heat, and natural gas, with a focus on sustainable and environmentally friendly energy solutions. The company operates hydroelectric power plants and thermal power stations, and engages in the wholesale and retail sale of energy. Additionally, it offers energy-related services to support efficient energy consumption and management.

GreenLight Biosciences

Post in 2025
GreenLight Biosciences is a biotechnology company specializing in RNA-based solutions for agriculture and pharmaceutical applications. It develops mRNA vaccines, including COVID-19 candidates, and offers sustainable crop protection technologies using its proprietary cell-free production platform.

INERATEC

Debt Financing in 2025
INERATEC develops sustainable fuels and power-to-X plants to replace fossil fuels with carbon-neutral alternatives. The company focuses on renewable e-fuels and synthetic chemical products that enable transportation and industrial processes to run on climate-friendly energy. It produces renewable hydrogen and other greenhouse gases, which are transformed into products such as e-kerosene, carbon dioxide-neutral diesel, synthetic waxes, and methanol, allowing chemical plants to operate using synthetic fuels with climate-neutral energy, reduced chemical waste, and enhanced climate protection.

Resato Hydrogen Technology

Debt Financing in 2025
Resato Hydrogen Technology is a European company specializing in the design and implementation of long-term hydrogen infrastructure. It develops and deploys hydrogen refueling stations, catering to a wide range of vehicles including trucks, buses, and automobiles. The company's expertise lies in creating tube trailer filling stations, fleet owner stations, and ultra-high capacity stations, ensuring a robust and reliable hydrogen refueling network.

EDP Renewables

Post in 2024
EDP Renewables is a global renewable energy company focused on creating value, innovation, and sustainability. Operating in markets worldwide, they are expanding their presence to new regions to lead in each market and provide value to stakeholders and shareholders. With a history of developing wind farms since 1996, EDPR manages assets in the European Union through EDPR Europe and in the United States and Canada through EDPR North America. As a majority shareholder, Energias de Portugal, S.A. (EDP) contributes to EDPR's operational excellence. EDP Group, Portugal's largest industrial group, is a key player in the Iberian Peninsula's energy sector, with interests in electricity and gas generation, distribution, and supply in Portugal, Spain, and Brazil. By focusing on high-quality assets and attractive markets with growth prospects and stable regulatory structures, EDPR aims to generate profits and maintain its position as a leader in the renewable energy industry.

Energias de Portugal

Debt Financing in 2024
Energias de Portugal (EDP) is a prominent global energy company based in Lisbon, Portugal, founded in 1976. It operates primarily in the electricity and gas sectors, offering services in generation, distribution, and trading. EDP is one of the largest energy operators in the Iberian Peninsula and ranks as the third-largest producer of wind energy in the region. The company emphasizes value creation, innovation, and sustainability, reflecting its commitment to customers, society, and the environment. EDP's diverse workforce spans multiple continents, fostering a culture that respects the various markets in which it operates. Additionally, EDP is recognized for its performance in transparency and sustainability, as evidenced by its inclusion in the Dow Jones Sustainability Indexes.

ERG

Post in 2024
ERG is a prominent wind power operator based in Italy, recognized as the first of its kind in the country and ranking among the top ten in Europe. With a history spanning 80 years, the company specializes in the production of electricity derived from clean, renewable, and sustainable sources, primarily focusing on wind and hydroelectric power. ERG operates its wind power production through its subsidiary, ENG Renew, which is dedicated to the development, construction, and management of wind energy assets. Additionally, ERG Power Generation oversees the company’s hydroelectric and natural gas operations, which include various plants, dams, reservoirs, and a pumping station. Through its diverse portfolio of sustainable energy sources, ERG contributes significantly to the European energy market.

Global Power Generation

Debt Financing in 2024
Global Power Generation (GPG) is a company focused on the development and management of power generation assets worldwide, utilizing hydro, wind, and fossil fuel technologies. Established by Gas Natural Fenosa and KIA, GPG channels international power generation efforts, a key growth area for the group. The company leverages its extensive experience to ensure successful project execution and offers engineering, operational, and maintenance services to clients for their facilities. Being part of Gas Natural Fenosa, a leading multinational in gas and electricity integration with a presence in over 30 countries and millions of customers, GPG benefits from significant industry expertise, a robust market position, and high-performance standards.

Delgaz Grid

Debt Financing in 2024
Delgaz Grid provides energy to our customers, increases their satisfaction, protects the environment, biodiversity, and ecosystems, and promotes good practices to reduce the effects of climate change, risks of injury and illness, has satisfied employees, and complies with legal and regulatory requirements, other requirements or standards applicable to the activities and our services, as well as by promoting new technologies as an active participant in the energization process.

Enpal

Debt Financing in 2024
Enpal GmbH is a Berlin-based company founded in 2017 that specializes in providing comprehensive renewable energy solutions, primarily through the installation and operation of solar panels for residential electricity generation. The company offers a range of products, including solar panels, batteries, wallboxes, heat pumps, and energy management systems, catering to customers in Germany and Italy. Enpal initially adopted a sales-based model but successfully transitioned to a lease model that requires no upfront payment and includes installation, insurance, and maintenance services. This approach has resulted in significant growth, with over 60,000 solar PV systems installed and revenues exceeding 400 million euros as of 2022. Enpal employs more than 1,000 team members, including over 200 local installer teams, and has opened several satellite offices to enhance customer service across its markets. The company has received numerous awards for its contributions to sustainability and customer service, positioning itself as a leader in the solar PV installation sector in Germany.

Burn

Debt Financing in 2024
BURN Design Lab is a nonprofit organization focused on providing customized, fuel-efficient cooking solutions for underserved communities in the developing world. The organization designs, manufactures, and distributes a variety of cookstoves, including biomass, liquid fuel, and electric options, aimed at reducing harmful emissions and improving indoor air quality. Operating the largest modern manufacturing facility of its kind in Africa, located near Nairobi, BURN produces one stove per minute to meet the needs of local populations. By collaborating with implementing organizations, BURN develops sustainable stove dissemination systems that not only enhance cooking efficiency but also address significant issues such as deforestation, women's health, and climate change.

BNZ

Debt Financing in 2024
BNZ is a Spanish company specializing in renewable energy. It plans, installs, and operates solar photovoltaic projects, primarily in Southern Europe, including Spain, Portugal, and Italy. As an independent power producer, BNZ aims to become a leading developer in the renewable energy sector, with a mission to generate 100% clean energy.

BNZ

Debt Financing in 2024
BNZ is a Spanish company specializing in renewable energy. It plans, installs, and operates solar photovoltaic projects, primarily in Southern Europe, including Spain, Portugal, and Italy. As an independent power producer, BNZ aims to become a leading developer in the renewable energy sector, with a mission to generate 100% clean energy.

Masen

Grant in 2024
Masen is an electricity company that produces electricity from renewable sources.

WEB Windenergie

Debt Financing in 2024
WEB Windenergie AG is an international energy transition company that operates 266 wind turbines, 43 photovoltaic systems, and 3 hydroelectric plants. The company focuses on planning, creating, and operating renewable energy projects, harnessing wind and solar power to produce clean, regional green energy. With over two decades of experience, WEB Windenergie AG is involved in energy production across eight countries on two continents.

Spark Energy Services

Debt Financing in 2024
Spark Energy Services works with experienced developers across Africa, providing their partners with up to 100% upfront financing for the installation of on-site renewable energy and energy efficiency equipment for C&I businesses. Spark provides access to a diversified portfolio of clean energy projects across Africa, offering investors a climate-positive investment with a strong, transparent, and robustly measured ESG profile. Through their development partners, Spark offers C&I companies a zero up-front cost solution to their energy needs, whilst significantly reducing their monthly power bills.

Haizea Wind Group

Debt Financing in 2024
Haizea Wind Group is a prominent manufacturer and supplier of large metal structures specifically designed for the onshore and offshore wind industry. The company focuses on producing wind tower structures and large castings, providing essential components for wind turbines. It offers a range of services, including casting, machining, and surface treatment, ensuring high-quality products that meet the specifications of project developers and EPC contractors. With advanced installations and a commitment to delivering integrated metal solutions, Haizea Wind Group maintains a successful and recurring business that supports the growing demands of the renewable energy sector.

Sunprime Holdings

Debt Financing in 2024
Sunprime Holdings is an independent power producer based in Italy, founded in 2020 by Fulvio Mariani. The company specializes in the development of photovoltaic solar systems, focusing on a unique business model that allows for no-cost installation of solar panels on rooftops. This approach not only enhances sustainability for customers but also increases the value of their properties. With a team of professionals experienced in engineering and construction of industrial plants, Sunprime is actively developing a pipeline of solar projects throughout Italy.

Recurrent Energy

Debt Financing in 2024
Recurrent Energy is a renewable energy company focused on the development, construction, and operation of solar and energy storage projects. The company specializes in utility-scale solar power systems, providing clean electricity to utility, commercial, and government customers through Power Purchase Agreements and Feed-in Tariffs. Recurrent Energy oversees the entire project development lifecycle, including siting, design, interconnection, permitting, procurement, financing, construction, and asset management. By delivering competitive rates for clean energy, the company enables its customers to achieve energy independence, predictable pricing, and enhanced sustainability while ensuring that projects are viable and cost-effective.

Stora Enso

Post in 2024
Stora Enso is a global renewable materials company focused on paper, biomaterials, wood products, and packaging. It develops and supplies renewable products for packaging, biomaterials, and wooden construction, and collaborates with private forest owners. The company operates across segments including Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, and Forest, with the Packaging Solutions division producing premium fiber-based, eco-friendly packaging for retail, e-commerce, and industrial customers. Stora Enso emphasizes sustainable materials derived from forests and aims to replace non-renewable alternatives with renewable options across its product lines. The business supports a broad customer base worldwide through integrated manufacturing, sourcing, and product development.

Rondo Energy

Debt Financing in 2024
Rondo Energy is a company focused on providing zero-carbon industrial heat solutions. Its innovative Rondo Heat Battery captures low-cost renewable electricity and converts it into continuous high-temperature heat, allowing industrial processes to operate with reduced energy costs and eliminated emissions. By enabling clients to transition to renewable energy sources, Rondo Energy supports the decarbonization of industrial operations, contributing to a more sustainable future.

Eavor Technologies

Debt Financing in 2024
Eavor Technologies develops geothermal technology for clean, baseload power generation. Its proprietary Eavor-Loop™ system harvests heat from deep earth using wells to produce brine from a subsurface aquifer, enabling scalable heating applications with minimal environmental impact.

Husk Power Systems

Debt Financing in 2024
Husk Power Systems Pvt. Ltd. is a renewable energy company based in Patna, India, that focuses on generating and distributing electricity to households, community services, small businesses, and factories. Founded in 2007, the company utilizes biomass waste—such as rice husks and other agricultural residues—to produce electricity through its proprietary technology. Husk Power Systems designs and operates mini-power plants and micro-grids, offering electricity as a pay-for-use service primarily to rural areas. This approach not only provides reliable lighting, reducing reliance on kerosene, but also fosters economic development by enabling microenterprises and the use of electricity-operated machinery. By creating a sustainable energy ecosystem at each power plant, Husk Power Systems aims to deliver shared value to its stakeholders and stimulate local economies.

Sunfire

Debt Financing in 2024
Sunfire is a company that specializes in developing and manufacturing systems for renewable industrial gas and fuel production. It focuses on creating substitutes for fossil fuels, such as mineral oil and natural gas, through innovative technologies like electrolyzers and solid oxide cells. These systems convert renewable electrical energy from sources like wind farms, hydropower plants, and photovoltaic systems into fuels and gases, including renewable hydrogen and syngas. By enabling the chemical, fuel, and steel industries to transition away from fossil energy, Sunfire aims to provide sustainable energy solutions that are available whenever needed, thus integrating renewable energy into existing infrastructures.

Umicore

Post in 2024
Umicore is a global materials technology and recycling company that applies materials science, chemistry and metallurgy to automotive, energy and environmental challenges. It operates in Catalysis, Battery Materials, Specialty Materials and Recycling, delivering automotive catalysts, cathode materials and precursors for lithium-ion batteries, and metal-based materials and chemicals. The Recycling segment processes complex waste streams containing precious and specialty metals, a major source of revenue, enabling sustainable materials cycles worldwide.

Eldrive

Debt Financing in 2024
Eldrive develops and operates a public electric vehicle (EV) charging infrastructure network across Bulgaria, Romania, and Lithuania. The company offers fast and ultra-fast charging points, providing convenient high-speed charging solutions for EV drivers.

Enel Green Power

Debt Financing in 2024
Enel Green Power is a global leader in renewable energy, focusing on the development and management of power plants that utilize a diverse array of resources, including wind, solar, hydroelectric, geothermal, and biomass. Established in December 2008 as part of the Enel Group, the company operates across Europe and the Americas, boasting an installed capacity of 64.7 GW and generating approximately 25 terawatt-hours of electricity annually. This production supports the energy needs of over 8 million households and contributes to significant reductions in carbon emissions, avoiding around 16 million tonnes of CO2 each year. Enel Green Power emphasizes sustainability and innovation while actively collaborating with local communities to promote socio-economic development. The company is committed to expanding its installed capacity and enhancing technological mixes tailored to local conditions, thus playing a crucial role in the global transition to sustainable energy.

3SUN

Debt Financing in 2024
3SUN is an energy management company that designs and manufactures photovoltaic solutions for large-scale industries and roof applications. Their products include multi-junction and thin-film photovoltaic cells and modules, contributing to clean and renewable energy initiatives for a more sustainable environment.

Stegra

Debt Financing in 2024
Stegra operates a state-of-the-art steel production plant designed to accelerate the decarbonization of the European steel industry. It achieves this by integrating green hydrogen technology, renewable energy sources, and artificial intelligence to produce fossil-free steel at competitive prices.

Northvolt AB

Debt Financing in 2024
Northvolt AB is a Swedish manufacturer of sustainable lithium‑ion batteries for electric vehicles, renewable energy storage, and industrial applications. Founded in 2016 and headquartered in Stockholm, the company designs and produces cells, custom cells, and complete battery systems with a focus on minimal carbon emissions and integrated recycling. Its production facilities combine research, industrialization, and end‑to‑end recycling technologies to deliver environmentally friendly batteries that support the transition to a decarbonized economy.

Metlen Energy & Metals

Post in 2024
Metlen Energy & Metals is a global industrial and energy company with a growing position in the metals and energy sectors, focused on sustainable development and the circular economy. It operates across the Energy Sector, the Metals Sector, the Infrastructure and Concessions Sector, and other activities. The company develops, constructs, and operates thermal units and renewable energy projects, designs and builds electricity infrastructure, and provides retail electricity and natural gas supply, gas trading, and related energy products and services.

Exeger

Debt Financing in 2023
Exeger Sweden AB is a technology company that specializes in the development and commercialization of innovative light energy harvesting solutions. The company focuses on creating dye-sensitized solar cells that convert various forms of light, including both natural and artificial light, into electrical energy. This technology enables the integration of self-power capabilities into everyday devices, enhancing their functionality and sustainability. Exeger's solar cells can be printed in various colors and free-form designs, making them suitable for a wide range of applications in consumer electronics, wearables, and other products. By providing efficient energy solutions that operate even in indoor lighting conditions, Exeger aims to transform how energy is perceived and utilized in everyday life.

Ingeteam

Debt Financing in 2023
Ingeteam is a global provider of power and control electronics, specializing in inverters, frequency converters, controllers, protections, motors, and related services. With a strong focus on sustainability, the company caters to diverse sectors such as renewable energy (wind, PV, hydro), mining, marine, rail traction, and electric vehicle charging. Ingeteam operates in 22 countries worldwide, employing approximately 4,000 people, and offers operation and maintenance services to complement its product portfolio.

Energy Dome

Debt Financing in 2023
Energy Dome develops a low-cost, efficient system for long-duration electricity storage using liquid CO2. Its focus is on enabling dispatchable renewable energy production to facilitate the decarbonization of the energy industry and promote sustainability.

ABB

Post in 2023
ABB is a global technology leader in power and automation technologies. Established in 1988, it operates in around 100 countries, offering digital solutions for industries such as robotics, smart grids, renewable energy, marine vessels, and motors. ABB Ventures, its business-led venture capital arm founded in 2009, invests in breakthrough technology companies aligned with ABB's goal of writing the future of industrial electrification and automation.

Husk Power Systems

Debt Financing in 2023
Husk Power Systems Pvt. Ltd. is a renewable energy company based in Patna, India, that focuses on generating and distributing electricity to households, community services, small businesses, and factories. Founded in 2007, the company utilizes biomass waste—such as rice husks and other agricultural residues—to produce electricity through its proprietary technology. Husk Power Systems designs and operates mini-power plants and micro-grids, offering electricity as a pay-for-use service primarily to rural areas. This approach not only provides reliable lighting, reducing reliance on kerosene, but also fosters economic development by enabling microenterprises and the use of electricity-operated machinery. By creating a sustainable energy ecosystem at each power plant, Husk Power Systems aims to deliver shared value to its stakeholders and stimulate local economies.

Battolyser Systems

Debt Financing in 2023
Founded in 2018 by Dr. Fokko Mulder and Kees Koolen, Battolyser Systems develops an integrated battery-electrolyzer system designed to store electricity and produce hydrogen from renewable power sources. This dual-purpose energy storage solution enables customers to balance societal demand and utilize renewable sources for energy requirements.

VoltStorage

Debt Financing in 2023
VoltStorage GmbH is a German company specializing in the development and production of solar energy storage systems. Based in Olching, Germany, it utilizes eco-friendly vanadium redox flow technology to create power storage devices that allow homeowners to store surplus solar energy generated during the day for use at night. This innovative approach aims to provide renewable energy availability around the clock, contributing to a cleaner and fairer world for future generations. VoltStorage also offers installation and technical support services for its products, which are sold online. The company's commitment to sustainability underscores its mission to enhance the accessibility of renewable energy.

Repsol

Debt Financing in 2023
Repsol is a Spanish integrated energy company with global reach, providing oil and gas, downstream refining, and a growing portfolio of sustainable energy products and services. It pursues innovation to develop a new energy model and operates across regions including Brazil, Russia, and the United States. In 2024, it reported production of about 571,000 barrels of oil equivalent per day, proven reserves of roughly 1.8 billion barrels of oil equivalent, a refining capacity of about 1.0 million barrels per day, and 3.7 gigawatts of installed renewable power generation capacity.

Verkor

Debt Financing in 2023
Verkor is a manufacturer of battery cells dedicated to increasing the production of low-carbon batteries to meet the rising demand for electric vehicles. The company emphasizes the development of batteries that have a significantly reduced carbon footprint compared to traditional options, which minimizes emissions associated with logistics. By utilizing carbon-free electricity in its production processes, Verkor aims to provide businesses with cost-effective battery solutions that align with sustainability goals.

Eldrive

Debt Financing in 2023
Eldrive develops and operates a public electric vehicle (EV) charging infrastructure network across Bulgaria, Romania, and Lithuania. The company offers fast and ultra-fast charging points, providing convenient high-speed charging solutions for EV drivers.

Iberdrola

Post in 2023
Iberdrola is a global utility company focused on the production, distribution, and retail of electricity and gas. It generates power from nuclear, hydro, and other sources, with a substantial share from renewables, and is a major owner of wind energy. The company operates electricity networks and distribution assets across multiple countries and serves customers in a broad geographic footprint, including Spain, the United Kingdom, Brazil, and the United States, with activity in nearly 40 countries. Iberdrola emphasizes the energy transition through a sustainable business model built on renewable energy, smart grids, large-scale energy storage, and digital transformation to offer advanced products and services.

Masdar

Debt Financing in 2023
Masdar is a renewable energy company that develops large-scale clean energy projects. It aims to embody the UAE's commitment to sustainable practices and support its transition towards a knowledge-based economy.

Reden Solar

Debt Financing in 2023
Reden Solar develops, finances, builds, and operates solar photovoltaic power plants across Europe and Latin America. The company has an installed portfolio of 762 MW and a development pipeline of about 15 GW. Its core markets are France and Spain, with recent expansion into Greece and Italy. Reden Solar offers a range of photovoltaic installations, including agricultural greenhouses, ground-mounted plants, photovoltaic shelters, and rooftops, enabling clients to generate clean energy.

Zunder

Debt Financing in 2023
Zunder is a developer of an electric vehicle charging network for car drivers. The company's own and associated destination charging network allows charging the electric vehicle wherever they need it, without the need for additional registrations. Solar energy can be used to charge the batteries of electric vehicles. The solar panels, which are located in the structure's upper part, capture the energy that will be used to charge the batteries of electric vehicles that use the chargers in that location. It even allows for network supply when the demand for energy from electric vehicles allows for it.

Iberdrola

Post in 2023
Iberdrola is a global utility company focused on the production, distribution, and retail of electricity and gas. It generates power from nuclear, hydro, and other sources, with a substantial share from renewables, and is a major owner of wind energy. The company operates electricity networks and distribution assets across multiple countries and serves customers in a broad geographic footprint, including Spain, the United Kingdom, Brazil, and the United States, with activity in nearly 40 countries. Iberdrola emphasizes the energy transition through a sustainable business model built on renewable energy, smart grids, large-scale energy storage, and digital transformation to offer advanced products and services.

PPC Group

Venture Round in 2023
PPC Group is a power producer and electricity supplier that provides generation and supply of energy; it includes PPC Renewables, a subsidiary focused on the development and management of renewable energy production.

WeLight

Debt Financing in 2023
WeLight designs and deploys renewable energy solutions to accelerate energy inclusion in rural Africa. The company provides mini-grid systems to un-electrified villages in Sub-Saharan Africa, including landlocked communities in Madagascar, delivering reliable and affordable electricity for homes and local enterprises.

Power Capital Renewable Energy

Debt Financing in 2023
Founded in 2011, Power Capital Renewable Energy specializes in developing, operating, and managing large-scale photovoltaic solar farms. The company focuses on acquiring, designing, financing, building, and operating utility-scale solar parks to deliver clean, reliable green electricity.

Ormazabal

Debt Financing in 2022
Ormazabal is a prominent provider of tailored solutions for electrical utilities and end users, as well as for renewable energy systems. The company focuses on advancing the electrical sector to meet future energy demands and collaborates with leading local, regional, and global firms in the industry. Ormazabal is dedicated to innovation, emphasizing personal safety, network reliability, energy efficiency, and sustainability in its offerings. Through its proprietary technology, the company aims to address the evolving challenges of the energy landscape.

Metso Outotec

Post in 2022
Metso Outotec specializes in sustainable technologies, end-to-end solutions, and services for mineral processing. Metso Outotec's extensive offering for the full plant, from equipment to a broad range of services, helps customers improve their profitability and lower their operating costs and risks. Metso Outote's technologies and services improve our customer's energy and raw material efficiency, water resources management, and safety. By innovating new and better technologies, Metso Outotec helps to create a more sustainable future.

LeydenJar Technologies

Debt Financing in 2022
Founded in 2016 and headquartered in Leiden, Netherlands, LeydenJar Technologies specializes in enhancing lithium-ion battery performance by replacing traditional graphite anodes with nanoporous, pure silicon anodes. This innovation results in batteries that are cheaper (-20%), greener (-85% CO2 footprint), and have higher energy density (+70%).

Energiefonds Overijssel

Debt Financing in 2022
Energiefonds Overijssel is a venture capital firm established in 2012 and located in Zwolle, Netherlands. The company is dedicated to supporting the energy transition by providing financial contributions to initiatives and businesses that focus on energy savings or the generation of energy from renewable sources. Backed by the government, Energiefonds Overijssel prioritizes investments in renewable energy and clean energy technology, aiming to foster sustainable practices and innovation within the energy sector.

Verkor

Funding Round in 2022
Verkor is a manufacturer of battery cells dedicated to increasing the production of low-carbon batteries to meet the rising demand for electric vehicles. The company emphasizes the development of batteries that have a significantly reduced carbon footprint compared to traditional options, which minimizes emissions associated with logistics. By utilizing carbon-free electricity in its production processes, Verkor aims to provide businesses with cost-effective battery solutions that align with sustainability goals.

Stegra

Debt Financing in 2022
Stegra operates a state-of-the-art steel production plant designed to accelerate the decarbonization of the European steel industry. It achieves this by integrating green hydrogen technology, renewable energy sources, and artificial intelligence to produce fossil-free steel at competitive prices.

Solar Daddy Group

Debt Financing in 2022
MithraSol specialises in the identification, development, construction and operation of Spanish solar photovoltaic assets and currently has 50MW of assets in development across twelve projects spanning central and southern Spain.

Opdenergy

Post in 2022
Opdenergy is a renewable energy company with over 15 years of expertise, specializing in solar photovoltaic and onshore wind energy. The company has a diverse portfolio of projects across various renewable technologies. Opdenergy operates in Chile, Italy, Mexico, the USA, and Spain, with the majority of its revenue generated from Spain.

Iberdrola

Post in 2022
Iberdrola is a global utility company focused on the production, distribution, and retail of electricity and gas. It generates power from nuclear, hydro, and other sources, with a substantial share from renewables, and is a major owner of wind energy. The company operates electricity networks and distribution assets across multiple countries and serves customers in a broad geographic footprint, including Spain, the United Kingdom, Brazil, and the United States, with activity in nearly 40 countries. Iberdrola emphasizes the energy transition through a sustainable business model built on renewable energy, smart grids, large-scale energy storage, and digital transformation to offer advanced products and services.

Vestas

Debt Financing in 2022
Vestas is a global leader in sustainable energy, specializing in the design, manufacture, installation, and servicing of wind turbines. With a commitment to enhancing the role of wind power in the energy mix, Vestas has installed over 38,000 wind turbines across 63 countries on five continents, averaging one installation every three hours. The company emphasizes the importance of wind energy in addressing rising energy consumption while minimizing greenhouse gas emissions and pollution. Vestas envisions a future where wind power significantly contributes to global electricity production, aiming for a substantial increase beyond the anticipated 10% by 2020. Through its dedicated focus on wind energy, Vestas is not only fostering local job creation but also promoting the sustainable electrification of societies worldwide.

Neoenergia

Post in 2022
Neoenergia S.A. is a Brazilian company involved in the generation, transmission, distribution, and commercialization of electric energy. With an installed generation capacity of approximately 4.1 gigawatts, the company operates seven hydroelectric plants and 44 wind farms, alongside 826 kilometers of transmission lines and eight substations. Neoenergia serves around 34 million customers across several states, including Bahia, Pernambuco, Rio Grande do Norte, São Paulo, and Mato Grosso do Sul. In addition to its core business, the company offers energy management and consulting services. Founded in 1997 and headquartered in Rio de Janeiro, Neoenergia is a subsidiary of Iberdrola S.A.

Aberdeen Harbour Board

Debt Financing in 2022
Aberdeen Harbour Board operates as a key maritime transportation organization and logistics hub in the Port of Aberdeen. It offers a diverse range of facilities catering to various sectors, including oil and gas, renewable energy, freight, cruise, and ferry services. The organization focuses on providing value-added solutions aimed at reducing risks and project costs for its customers. Committed to maintaining high safety standards and environmental stewardship, Aberdeen Harbour Board plays a vital role in supporting the development of sustainable port operations, contributing to economic prosperity in the region.

Ørsted

Post in 2021
Ørsted develops, maintains, and operates offshore and onshore renewable energy farms, energy storage facilities, and bioenergy plants. Its vision is a world powered entirely by green energy. Formerly known as DONG Energy, Ørsted has transformed from a black to a green energy company over the past decade, reducing its coal consumption significantly and aiming for full phase-out by 2023. As a global leader in offshore wind with a market share of 25%, it currently powers approximately 9.5 million people.

Nilar International

Debt Financing in 2020
Nilar International AB is a Swedish company specializing in the development and manufacture of advanced nickel-metal hydride (NiMH) battery modules and electrical energy storage systems. Founded in 2000 and headquartered in Täby, Sweden, with additional facilities in Gävle and Denver, Nilar produces high-power and energy solutions tailored for applications such as heavy-duty hybrid vehicles, smart grid systems, and commercial energy storage. Its innovative battery technology, characterized by a water-based electrolyte, emphasizes environmental safety and cost-effectiveness over the product lifecycle. Nilar's energy storage systems play a crucial role in enhancing the efficiency of renewable energy sources like solar and wind, addressing challenges related to energy production and demand fluctuations, and contributing to the transition from fossil fuels to cleaner energy solutions. The company operates primarily in North America and Europe, serving energy providers, telecom firms, and commercial property owners.

Iberdrola

Post in 2020
Iberdrola is a global utility company focused on the production, distribution, and retail of electricity and gas. It generates power from nuclear, hydro, and other sources, with a substantial share from renewables, and is a major owner of wind energy. The company operates electricity networks and distribution assets across multiple countries and serves customers in a broad geographic footprint, including Spain, the United Kingdom, Brazil, and the United States, with activity in nearly 40 countries. Iberdrola emphasizes the energy transition through a sustainable business model built on renewable energy, smart grids, large-scale energy storage, and digital transformation to offer advanced products and services.

Umicore

Post in 2020
Umicore is a global materials technology and recycling company that applies materials science, chemistry and metallurgy to automotive, energy and environmental challenges. It operates in Catalysis, Battery Materials, Specialty Materials and Recycling, delivering automotive catalysts, cathode materials and precursors for lithium-ion batteries, and metal-based materials and chemicals. The Recycling segment processes complex waste streams containing precious and specialty metals, a major source of revenue, enabling sustainable materials cycles worldwide.

Resalta

Debt Financing in 2020
Resalta is an energy efficiency company based in Ljubljana-Črnuče, Slovenia, founded in 2011. The company specializes in providing innovative solutions to enhance energy consumption management and reduce environmental impact for clients across various sectors, including food, manufacturing, automotive, and finance. Resalta develops and implements energy efficiency projects tailored to the specific needs of its clients, conducting thorough analyses to optimize their energy use. In addition to its energy efficiency services, Resalta also focuses on developing renewable energy projects, contributing to the overall increase in renewable energy adoption in the countries where it operates. The company's mission is to help clients improve their business competitiveness while promoting sustainable practices.

Northvolt AB

Debt Financing in 2019
Northvolt AB is a Swedish manufacturer of sustainable lithium‑ion batteries for electric vehicles, renewable energy storage, and industrial applications. Founded in 2016 and headquartered in Stockholm, the company designs and produces cells, custom cells, and complete battery systems with a focus on minimal carbon emissions and integrated recycling. Its production facilities combine research, industrialization, and end‑to‑end recycling technologies to deliver environmentally friendly batteries that support the transition to a decarbonized economy.

PPC Group

Post in 2019
PPC Group is a power producer and electricity supplier that provides generation and supply of energy; it includes PPC Renewables, a subsidiary focused on the development and management of renewable energy production.

d.light

Debt Financing in 2018
d.light develops solar-powered lighting and power products, including lights, radios, televisions, fans, and other home appliances. Their rechargeable solar kits aim to improve health, increase productivity, and enhance the quality of life for users in rural and semi-urban areas by providing access to clean energy.

d.light

Debt Financing in 2018
d.light develops solar-powered lighting and power products, including lights, radios, televisions, fans, and other home appliances. Their rechargeable solar kits aim to improve health, increase productivity, and enhance the quality of life for users in rural and semi-urban areas by providing access to clean energy.

Northvolt AB

Debt Financing in 2018
Northvolt AB is a Swedish manufacturer of sustainable lithium‑ion batteries for electric vehicles, renewable energy storage, and industrial applications. Founded in 2016 and headquartered in Stockholm, the company designs and produces cells, custom cells, and complete battery systems with a focus on minimal carbon emissions and integrated recycling. Its production facilities combine research, industrialization, and end‑to‑end recycling technologies to deliver environmentally friendly batteries that support the transition to a decarbonized economy.

Flexenclosure

Debt Financing in 2017
Flexenclosure AB is an engineering firm based in Stockholm, Sweden, specializing in the design and manufacture of prefabricated modular data centers and intelligent power management solutions. The company's primary products include eCentre, a customizable data center that can be tailored for various operational needs, and eSite, a modular diesel-battery hybrid power system ideal for remote and unreliable power scenarios. Flexenclosure focuses on providing reliable, factory-built solutions that enhance flexibility for telecom operators worldwide, enabling them to expand and modernize their networks efficiently. The firm emphasizes the use of renewable energy, illustrating how such solutions can reduce operating costs while contributing to social development, particularly in underserved rural areas through initiatives like Community Power. Established in 1989, Flexenclosure operates globally with offices in multiple countries, serving notable clients in the telecommunications sector.

Forsee Power

Venture Round in 2017
Forsee Power SAS, founded in 2007 and based in Ivry-sur-Seine, France, specializes in the design and manufacture of smart lithium-ion battery systems. The company serves various sectors, including electric transportation, portable and mobile equipment, and energy storage. Its product offerings include modular battery systems for electric and hybrid vehicles, trams, electric trains, buses, trucks, and marine applications such as ships and ferries. Additionally, Forsee Power provides power systems for mobile and connected devices across numerous fields, including medical equipment, electric scooters, and robotics. The company's focus on innovation and customer satisfaction aims to facilitate a sustainable energy transition and enhance the performance of smart mobility and life devices globally.

SunPartner

Debt Financing in 2017
SunPartner Technologies, founded in 2008 and based in Rousset, France, specializes in the development and commercialization of advanced photovoltaic technologies. The company focuses on integrating solar solutions into various applications, including mobile devices and infrastructure. Its notable products include Wysips Crystal, an ultra-thin and transparent photovoltaic material designed for smartphones and smartwatches, and Wysips Graphics, which incorporates solar cells into connected devices. Additionally, SunPartner offers Wysips Reflect for reflective screens and Wysips Cameleon for signage and billboards. The company also explores innovations in communication technologies, such as Light-Fidelity, which utilizes visible light for data transmission, applicable in smart cities and location-based services. Through its diverse portfolio, SunPartner aims to enhance energy autonomy and promote sustainable energy solutions in multiple sectors.

Electro Power Systems

Post in 2017
Electro Power Systems operates in the sustainable energy sector, focusing on hybrid-storage solutions and microgrids that convert intermittent renewable energy into a reliable power source. Headquartered in Paris, with research, development, and manufacturing facilities in Italy, the company has developed innovative hybrid energy storage technologies, supported by 125 patents and over a decade of research and development. These solutions are designed to stabilize electrical grids with high levels of renewable energy integration in developed countries and provide cost-effective off-grid power in emerging economies without relying on subsidies. Electro Power Systems has successfully implemented and is commissioning 36 large-scale projects, including off-grid hybrid systems and grid support systems, totaling over 47 MWh of capacity across 21 countries, serving more than 165,000 customers daily.

InspiraFarms

Series A in 2017
InspiraFarms is a company that specializes in manufacturing solar-powered modular technologies for food processing and cold storage. Founded in 2012 and headquartered in London, with additional offices in Kenya, Southern Africa, and Quetzaltenango, Guatemala, the company provides off-grid cold storage units, food processing plants, and dairy chilling machines. Its offerings include Good Agricultural Practice certified modules and renewable energy systems, designed to support the post-harvest value addition processes. InspiraFarms targets small to medium-sized enterprises within the fruit, vegetable, and dairy industries, ensuring that its solutions meet global food safety certification and quality standards. By collaborating with various actors in value chains across Central America and East Africa, InspiraFarms aims to facilitate access to healthy and nutritious food for both local and international markets.

Skeleton Technologies

Debt Financing in 2017
Skeleton Technologies is a manufacturer and developer of ultracapacitors that utilize a patented curved graphene material to provide high-energy and high-power-density energy storage solutions. The company specializes in delivering advanced energy storage systems that offer significantly enhanced performance, achieving twice the energy density and four times the power density compared to traditional products. Its ultracapacitors are designed for various applications in automotive, transportation, industrial, and renewable energy sectors, enabling these industries to improve efficiency, reduce fuel consumption, and lower carbon emissions. Skeleton Technologies serves a diverse clientele that includes engineering firms, the European Space Agency, and several Tier 1 automotive manufacturers.

AW-Energy

Funding Round in 2016
The company develops and delivers technology for converting ocean waves to electricity. AW-Energy has developed WaveRoller - a fully submerged wave energy converter which utilizes wave surge phenomenon. This commonplace effect is observed in near-shore waters where the circular motion of water particles present in open sea waves changes into elliptical circulation due to more shallow bottom. Before the waves break, typically at the depth of 8-20 metres this elliptical motion is so flat that it is essentially a horizontal back-and-forth movement of water. WaveRoller device is a Panel anchored at its base on the sea bed. The back and forth movement of the wave surge moves the Panel, transferring the kinetic energy to piston pumps. The pumps create a great deal of pressure which is fed into a combination of hydraulic motor/generator, which in turn produces electricity. The nominal capacity of a single commercial-scale Panel ranges between 500 – 1000 kW, depending on the wave resources available on the site. WaveRoller has the ability to generate energy on a wide spectrum of wave states and is also well suited for locations where wave periods are long and the swell is strong. A series of WaveRoller devices can be combined into an array, thus resulting in a wave farm. Since the plant construction is modular with a high degree of independence between individual units, there is no natural upper limit to the number of WaveRoller units that can be used, therefore offering a high level of scalability and reliability. The electricity output from an individual Panel is connected to a hub/substation, thus making it easy to plug-in new units in separate project development stages, as the new capacity is added to the farm. Also, any potential underperformance or service & maintenance breaks of individual units have no impact on the remaining units, thus ensuring uninterrupted power output from the overall farm. The first prototypes were designed and patent applications were filed as early as in 1999, when Rauno Koivusaari, the original inventor co-operated with Fortum Research Centre during the conceptual phase. Since then the technology has evolved following numerous laboratory and wave-tank test trials and ongoing mathematical simulations. Open sea trails started in 2004 and included the Gulf of Finland, marine tests conducted in the European Marine Energy Centre (EMEC), Scotland, and an own testing site in Peniche, Portugal. The subsequent successes and encouraging test results led to continuous increase in the scale of the demonstration plant. The latest demonstration plant/farm consisting of three 100kW WaveRoller units (total nominal capacity of the farm 300kW) is to be deployed in Peniche, Portugal, during the second quarter of 2012. The final assembly is nearing completion in the first quarter of 2012 and will be awaiting suitable weather conditions for the deployment in the following months. The farm will be connected to national grid in Portugal. The company has already secured all the necessary permits and, additionally, holds a licence for 1MW grid connection.

Better Place

Debt Financing in 2012
Better Place, an electric vehicle services provider, builds and operates an infrastructure and intelligent network to deliver services to drivers for the adoption of electric vehicles and optimization of energy use in North America, Japan, Australia, China, Denmark, and Israel. Its infrastructure and intelligent network provides electric car drivers with access to a network of charge spots, battery switch stations, and systems that optimize the driving experience. Better Place has a strategic partnership with Renault. Shai Agassi and Quin Garcia founded it on October 29, 2007, with its headquarters in Palo Alto in California. Better Place has operations in Israel, Denmark, and Australia. It filed for bankruptcy in November 2013.
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