Econergy Renewable Energy, an investor, developer and operator in renewable energy projects across Europe, has agreed separate joint ventures with Phoenix Insurance and RGreen Invest totalling over EUR200 million to support the construction of part of its pipeline of projects in Romania and Poland. Phoenix Insurance, the largest insurance company in Israel, will provide Econergy with EUR150 million to support the construction of a number of the company’s solar projects in Romania and Poland that are expected to start construction during 2022. The loan will be divided into EUR110.25 million as a convertible loan and EUR39.75 million as a permanent

Barings, one of the world’s largest diversified real estate investment managers, agreed 14 loans worth more than EUR1.08 billion (USD1.22 billion) across its different debt strategies in Europe and APAC in 2021. This follows a sustained period of growth for the Europe and APAC real estate debt platform over the last three years, which has nearly doubled its loan commitments to more than EUR3.4 billion AUM (USD3.9 billion) in this time, as well as expanded to 12 countries, welcomed nine new appointments to the team and diversified its range of strategies to include senior, construction and whole loans.   Key

Ironwood Capital portfolio company, Uniloy Inc, a blow moulding machine and mould technology company serving the global plastics processing industry, has acquired Century Die Company (Century). Century designs and fabricates a range of blow moulds and provides a variety of ancillary mould services, machining tooling, repairs & refurbishment, inspection, and contract machining services.

Integrum, an investment firm focused on partnering with technology-enabled services companies, is to acquire MerchantE (ME), an end-to-end payment platform offering flexible and secure payment processing, from Cielo, one of the world’s largest payments companies. Headquartered in Alpharetta, Georgia, MerchantE is a leading payments and commerce solutions provider serving the complex needs of mid-market B2B customers. The Company is a full-stack payments platform with front and back-end processing capabilities and direct connectivity to the major card brands. ME processes over USD17 billion in payments volume across 13,000 merchants, making it a ‘Top 25’ provider of payment processing in the US.

Circularity Capital has continued to build its portfolio of European growth stage businesses enabling the circular economy with a growth capital investment in Cocogreen, a specialist in the design and manufacture of low-carbon, high-yield coir growth substrate for berries, salads, citrus fruit and avocados. The company’s products are manufactured using a by-product of the global coconut industry, which is refined using proprietary product and process technologies.  Circularity Capital’s investment will see the growth equity specialist play a driving role in supporting the management team, as Cocogreen further accelerates its international expansion and the replacement of incumbent carbon-intensive products. David Mowat,

Tailwind Capital (Tailwind), a growth-oriented private equity firm investing in targeted sectors within industrials and business services has completed a partnership investment in Axis Portable Air (Axis). Axis provides portable climate control solutions – including spot coolers, heaters, dehumidifiers, and air quality equipment – to support customers facing emergency and temporary challenges.  In connection with Tailwind’s investment, Axis launched the Team Ownership Program (TOP), an equity participation programme in which every Axis employee will receive shares in the Company, providing them with the opportunity to participate in and benefit from Axis’ continued growth, and strengthening Axis’ culture of ownership. Terms

SFW Capital Partners (SFW) today announced that it has completed a majority recapitalisation of RDI Technologies (RDI), a provider of vision-based analytical solutions used for predictive maintenance and test & measurement applications across a diverse set of industries, including aerospace and defence, power generation, industrial manufacturing, metals and mining, and information technology. Company founder and CEO Dr Jeff Hay, President Bob Wilson, and COO Jenna Johns, are all reinvesting alongside SFW to retain a significant equity stake in RDI. Founded in 2015, RDI is best known for its patented technology, which includes proprietary video and image processing algorithms, that enables