Following the recently announced €210 million final close of Alantra’s Energy Transition Fund (Klima), the funds has led a Series B financing round in Enmacc, one of Europe’s largest over-the-counter (OTC) energy trading platform with over 450 customers.
The financing round, the first in Germany for Klima, also included the participation of Chevron Technology Ventures.
The investment in Enmacc represents the fourth investment completed by The Fund and follows the commitment in Swedish decentralised integrated solar company Sunroof, announced on 13 September. Additionally, Klima has completed two other investments with diversification in terms of countries and sectors: US power generator Mainspring and Swiss weather forecast predictor Meteomatics.
Enmacc will soon be able to trade a growing portfolio of commodities on the platform, and a growing portfolio of environmental commodities. This upcoming ‘multi-commodity architecture’ enables the rapid use of digital infrastructure for trading additional products at an early market stage. In the short term, Enmacc will launch the trading of CO2 emission allowances and green energy certificates.
