PE Tech Report

Energy

Q-Energy and VEI Green II join forces for Greenfield Solar PV in Italy

Q-Energy and VEI Green II have joined forces within the Italian renewable greenfield sector with the goal of developing, building and operating a portfolio of Solar PV assets in Italy. The co-investment platform (named VEI Greenfield), originally launched by VEI Green II in 2019 and of which Q-Energy acquired 50

RSK Group Ltd acquires TechnikGS

RSK Group Ltd, an integrated environmental, engineering and technical services business, has acquired specialist geotechnical contractor TechnikGS. With innovation at its core, TechnikGS provides mini piling, micro piling and quality geotechnical solutions for foundation and ground engineering problems.  Established in 2011, the business has offices in Runcorn, London and Glasgow,

CIP appoints Exus to manage Canadian solar farm

Exus Management Partners (Exus) has been chosen by Copenhagen Infrastructure Partners (CIP) to deliver the full breadth of its asset management services for the 700 MW Travers Solar Project – Canada’s largest solar farm. Located in Vulcan County, Alberta, the project represents CIP’s first renewable energy investment in Canada to date,

Gresham House Energy Storage Fund acquires further 425MW of projects

Gresham House Energy Storage Fund plc, the UK’s largest fund investing in utility-scale battery energy storage systems (BESS), has signed contracts for the acquisition of a further 425MW of projects from Gresham House Devco Limited (the current pipeline) of which 275MW are proceeding into construction with commissioning targeted for Q1

Low Carbon Innovation Fund 2 invests in Ablatus Therapeutics

Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has invested in Ablatus Therapeutics for the Low Carbon Innovation Fund 2 (LCIF2). The investment of GBP85,000 is part of an overall round which could reach GBP1.5 million. Ablatus Therapeutics is developing Bimodal Electric Tissue Ablation (BETA), an innovative

REOptimize Systems start-up closes GBP300k equity seed funding to drive turbine technology commercialisation

University of Edinburgh start-up REOptimize Systems, has completed a seed funding round to accelerate the commercialisation of its ground-breaking wind turbine improvement technology. Enhanced by proprietary Artificial Intelligence (AI) technology, this breakthrough innovation will maximise energy production on commercial wind turbines.  REOptimize has concluded a GBP300,000 equity seed funding made

Adenia acquires distributor of electrical and solar equipment in South Africa

Adenia Partners, a private equity firm investing in Africa, has acquired a majority stake in Herholdt’s, a leading distributor of low-voltage electrical products and solar products in South Africa. Financial terms of the transaction have not been disclosed. Established in 1964, Herholdt’s operates in Bloemfontein, Kimberley and George, and has

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