Kanadevia Inova Acquires Iona Capital with UK Biogas Portfolio
Deal News | Jan 07, 2025 | Iona Capital Ltd
Swiss-based green-tech firm Kanadevia Inova has acquired UK-based private equity firm Iona Capital, along with its UK biogas portfolio. This strategic acquisition underscores Kanadevia Inova's commitment to accelerating decarbonisation efforts through green technology investments. The deal highlights the increasing interest and investment in sustainable energy solutions and represents a consolidation of expertise and resources to drive forward renewable energy projects in the UK. As Iona Capital is known for its focus on sustainable infrastructure investments, particularly in the biogas sector, this move aligns with Kanadevia Inova's vision to enhance its market position in the sphere of green technology.
Sectors
- Green Technology
- Private Equity
Geography
- United Kingdom – Iona Capital is a UK-based firm, and the biogas portfolio is situated within the UK.
- Switzerland – Kanadevia Inova, the acquiring company, is based in Switzerland.
Industry
- Green Technology – The acquisition by Kanadevia Inova falls under the green technology sector, focusing on sustainable and renewable energy solutions.
- Private Equity – The transaction involves Iona Capital, a private equity firm, aligning with investment strategies in renewable energy sectors.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Kanadevia Inova | Acquirer | Company | A Swiss-based green-tech firm focusing on accelerating decarbonisation. |
| Iona Capital Ltd. | Target Company | Company | A UK-based private equity firm with a focus on sustainable infrastructure investments. |