Klima Energy Transition Fund (Alantra)

Alantra and Enagás, through its affiliate Enagás Emprende, announced today that it has reached the final close of their Energy Transition Fund, Klima Energy Transition Fund (“Klima”), with €210 million in commitments, above its initial target of €150 million and with oversubscription. The European Investment Fund, which is a part of the European Investment Bank Group, committed €30 million. Other commitments to the Fund include institutional investors, energy-related companies, public and European institutions, and family offices. Alantra and its shareholders, Enagás, and the investment team have made a significant joint commitment of approximately €50 million to the Fund, reflecting the strong alignment of interests with its investors.

Klima takes minority stakes in companies with high growth potential in energy transition sectors such as low carbon solutions, smart power grids, energy storage, renewables and enabling technologies, digitalization of the whole energy equation, energy efficiency in hard-to-abate sectors, and sustainable transportation.