Scottish Business Summary’s Post

Private equity giant KKR has launched a 2.8 billion-euro takeover bid for German electricity and energy producer Encavis, signaling a major move in the renewable energy market. The offer, valued at 17.50 euros per share, has received strong support from Encavis' management and supervisory boards, with shares surging by 27% in early trading. Joining forces with German family business Viessmann, KKR aims to accelerate Encavis' contribution to Europe's green energy transition, expanding capacity and strengthening its project pipeline. This strategic investment marks Viessmann's first major move since divesting its core heating systems business last year. With plans to delist Encavis post-acquisition, KKR remains committed to driving sustainable growth and fostering innovation in the renewable energy sector. #RenewableEnergy #GreenTransition #SustainableFuture

Our fifth flagship fund, 𝗤-𝗘𝗻𝗲𝗿𝗴𝘆 𝗩, ��𝗮𝘀 𝗯𝗲𝗲𝗻 𝗿𝗮𝗻𝗸𝗲𝗱 𝟳𝘁𝗵 𝗮𝗺𝗼𝗻𝗴 𝘁𝗵𝗲 𝟭𝟬 𝗹𝗮𝗿𝗴𝗲𝘀𝘁 𝗳𝘂𝗻𝗱𝘀 𝗰𝗹𝗼𝘀𝗲𝗱 𝘄𝗼𝗿𝗹𝗱𝘄𝗶𝗱𝗲 𝗶𝗻 𝟮𝟬𝟮𝟯, as detailed in the Fundraising Report released by Infrastructure Investor.   Furthermore, the report underscores our accomplishment in surpassing the average fund size of $1.54 billion and highlights the prevalence of multi-regional capital raises in the fundraising arena.   Having successfully secured $2.6 billion (c. €2.4 billion) in capital commitments, Q-Energy V is strategically positioned to target investments in energy transition assets across key markets including Spain, Germany, the UK, Italy, Poland, Chile, and now, the United States following our recent acquisition of Heelstone Renewable Energy.   This achievement has been made possible by the exceptional commitment we've received from our investor base. We’re grateful to welcome over 30 new institutional investors, resulting in a remarkable increase of over 50% in diversity of nationalities represented. ➞ Read the full report here: https://lnkd.in/d9d5Bz9c   #QualitasEnergy #QualitasEnergyTeam #PoweringChange #Sustainability #EnergyTransition #Funds #Fundraising

Blackstone sees a “significant” increase in demand from its limited partners for investing in the energy transition, Juergen Pinker, a senior managing director in the private equity group, told PE Hub Europe in the latest of our outlook pieces for the second half of 2024. Check out the full story to find out the key trends shaping the energy transition, Pinker's highlights from the first half of the year, as well as his dealmaking expectations for the coming months. #LPs #energytransition #privateequity #cleanenergy

Blackstone agreed to acquire a majority stake in Westwood Professional Services, an engineering and design firm focused on renewables, power, real estate and public infrastructure end markets, from Endurance Partners, a private equity firm. Financial terms were not disclosed. “We are excited about this new partnership with Blackstone as it positions the Company to continue expanding its capabilities in Westwood’s key end markets of renewable energy, power, land development, and public infrastructure, which are each poised to benefit from long-term growth tailwinds. We appreciate the support of Endurance Partners in helping scale Westwood into the business that it is today," Bryan P. Powell, P.E., Westwood CEO. Blackstone (led by Darius Sepassi, David Foley, Mitchell Nimocks) is advised by Morgan Stanley and Kirkland & Ellis (led by Cyril Jones). Westwood Professional Services (led by Bryan P. Powell, P.E.) is advised by Perella Weinberg Partners and Gibson Dunn & Crutcher. #MergersAcquisitionsDivestitures #PrivateEquity #Energy

Foresight Solar Fund (FSFL) showed its resilience in the first half of the year and recent months as well as continuing to make progress with efforts to reduce its share price discount to net assets. Last month, the board extended the share buyback programme by £10 million to a total of up to £50 million, which is proportionately the largest in the renewable investment trust sector. So far, more than £35 million of shares have been repurchased, adding 1.9p per share of NAV upside. Having sold a 50% of its Lorca portfolio in Spain last November, the bord initiated the second phase of the divestment programme with the sale process of its Australian portfolio, which is expected to close in the first half of 2025. This will be, said the trust’s chair Alexander Ohlsson, “a key milestone and, once complete, will re-focus our efforts on the UK and Europe, where we have an exciting pipeline of opportunities fitting... More at #Proactive #ProactiveInvestors http://ow.ly/AA5w105J2Lp

🚀 An exciting pre-IPO opportunity is on the horizon! This promising company in the renewable energy sector is set to disrupt the market. By investing now, you can be part of their journey towards a sustainable future. Want to learn more about how to get involved? Contact us today! #preipo #investmentopportunity #renewableenergy #sustainablefuture #marketdisruption #investnow #greeninvestment #financialgrowth #contactus #investmentjourney

Since its initial public offering (IPO) in March 2023, renewable energy pioneer Alternergy Holdings Corporation (Alternergy) has raised P20 billion through capital-raising activities over 15 months. #bonds #stockmarket #stocks #realestate #finance #Business #Corporate #Corporation #Entrepreneur #Philippines #Financial #Invest #Investment #investingtips

It’s no secret that the market is looking at tycoon Edgar Saavedra’s Citicore Renewable Energy to jumpstart an initial public offering (IPO) revival in 2024. Given its size of P12.9 billion, that one offer is roughly the size of all three IPOs in the past year combined.

You don't want to miss the top 5 most popular private equity stories this week 👇 1. GP minority stakes investments set to take off in Europe’s mid-market 2. Ohio pension picks HIG, Nautic funds among $520m of new commitments 3. RedBird Capital collects over $4.7bn across double fund close 4. PAG targets Japanese solar power with new $550m renewables fund, gets Mubadala backing 5. Kedaara Capital collects over $1.7bn for India’s biggest PE fund yet #PrivateEquity 

Just over 7 months ago, Electrifi Ventures launched an investment syndicate into NRN - National Renewable Network, a rapidly growing platform we believe will revolutionise the Distributed Energy Resources (DER) industry by democratising access to renewable energy assets for all Australians at scale and at NO upfront cost.    Today, we are doubling down on NRN in their Pre-Series A round after the outstanding traction we’ve seen since that initial investment (that is showing no signs of slowing down! ). 🚀   Join our Q&A with founder Alan Hunter this Wednesday, 2nd Oct at 12pm AEDT to learn how the company is leading the market with the win-win-win-win solution for solar retailers, energy retailers, investors and end users (homeowners). ☀   Apply to read our deal memo and to invest alongside our network of 300+ Climate Tech-focused angel investors (ie: normal people like you). Details in the comments.