🌍Landmark day for Nordic Alpha Partners raising 2bn DKK (266 mEUR) for its Fund II, exceeding the fundraising target and more than doubling the size of the first fund.
🌱As a specialist in scaling innovative GreenTech companies, NAP is pleased that Fund II has attracted a diversified set of notable global investors and leading Danish investors with industrial heritage.
🌐“This combination of limited partners and a diversified investor base is ideal for NAP, and we already see close cooperation with our Fund II investors. They all share our commitment to accelerating the green transition and the significance that especially the growth phase entails for a successful transformation and we are looking forward to the partnership,” said Troels Øberg, Senior Partner and responsible for NAP fundraising activities.
🚀When NAP was founded in 2017, the ambition was to target the underserved industrial GreenTech growth segment with a self-developed value creation model and a highly operational investment approach. With an investment strategy and a portfolio of “dark green” companies in place even before the SFDR came into force in 2021 in the EU, NAP is today recognized as the first pure-play industrial GreenTech growth fund in Europe. Its investments have so far resulted in the abatement of 1.1M tonnes of CO2 and the creation of more than 700 jobs.
🌿The new fund is classified as an “Article 9 fund” under the SFDR (EU Sustainable Finance Disclosure Regulation), which governs and promotes a positive impact on the environment through investments in companies that contribute substantially to a sustainable society. The focus of the fund is on Northern and Central European GreenTech firms in the growth phase.
🙏Thanks to our many fantastic institutional investors for your trust and shared commitment to driving the green transition capital efficiently! Among others: ABN AMRO Bank N.V., Allianz Global Investors, Carbon Equity, Copenhagen Infrastructure Partners, European Investment Fund (EIF), Danmarks Eksport- og Investeringsfond, Novo Holdings, KfW Capital, Telos Impact, and Unigestion. Also a big thanks to our large group of private nesting partners!
Mazanti-Andersen acted as legal advisor and Calpa Partners LLP acted as sole global placement agent.
Press release: https://lnkd.in/du69QgzE
#GreenTech #SustainableInvesting #ClimateAction #GreenTransition #IndustrialGrowth #SFDR #Article9 #Innovation #Europe #Growth #EconomicSustainability
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