Tages Capital secures €30 million commitment from Cdp Real Asset for Net Zero fund
Deal News | May 06, 2025 | Finance Community IT - 3 Private Equity
Cdp Real Asset sgr has committed €30 million to the Tages Helios Net Zero fund, managed by Tages Capital sgr. The investment was made through Cdp's FoF Infrastrutture, marking its seventh contribution following various sustainable initiatives, and increasing its overall commitments to around €240 million. Tages Helios Net Zero focuses on Italy's energy transition, investing in renewable energy generation, circular economy, and energy storage systems. Currently, Tages Helios Net Zero handles projects totaling approximately 1 gigawatt in renewable energy and has an ongoing pipeline for an additional 2 gigawatts. Tages Capital is a specialized asset manager in private market investments and the second-largest photovoltaic operator in Italy. This investment aligns with Cdp's 2025-2027 strategic plan, emphasizing economic competitiveness, strategic autonomy, and environmental transition.
Sectors
- Renewable Energy
- Private Equity
- Infrastructure
Geography
- Italy – All investment activities and strategic initiatives discussed in the article center around Italy, highlighting its geographical significance.
Industry
- Renewable Energy – The article focuses on investments in renewable energy projects, including solar and wind power capacities, which are key areas of concern for both Tages Helios Net Zero and Cdp Real Asset.
- Private Equity – The article discusses the investment activities of private equity firms, specifically those of Cdp Real Asset and Tages Capital sgr.
- Infrastructure – Both Cdp's FoF Infrastrutture and Tages Helios Net Zero are involved in infrastructure development related to renewable energy, showcasing the sector's relevance to the article.
Financials
- €30 million – Amount invested by Cdp Real Asset into the Tages Helios Net Zero fund.
- €447 million – Current total fund size of the Tages Helios Net Zero after the recent investment.
- €240 million – Total commitments by Cdp's FoF Infrastrutture to its investment portfolio.
- €650 million – Planned target size for the Tages Helios Net Zero fund by its final closing in July.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Cdp Real Asset sgr | Investor | Company | A private equity firm focusing on strategic investments in infrastructure supporting Italy's economic and environmental goals. |
| Tages Capital sgr | Asset Manager | Company | An asset manager specializing in alternative investment funds in the private market and the second-largest photovoltaic operator in Italy. |
| Tages spa | Parent Company | Company | The parent company of Tages Capital sgr, focused on private market investments and renewable energy initiatives. |
| Giancarlo Scotti | CEO of Cdp Real Asset | Person | The Chief Executive Officer of Cdp Real Asset, responsible for overseeing investment strategies aligned with Italy's infrastructure and energy goals. |
| Piergiorgio Mandolesi | FoF Infrastructure Head | Person | Responsible for managing Cdp’s fund of funds infrastructure, focusing on supporting sustainable infrastructure development. |
| Umberto Quadrino | Chairman of Tages spa | Person | Chairman of Tages spa, plays a leading role in directing the company's strategic initiatives in renewable energy. |
| Tages Helios Net Zero (THNZ) | Fund | Company | A fund managed by Tages Capital focused on renewable energy investments aligning with Cdp's strategic goals. |
| FoF Infrastrutture | Investor | Company | A fund of funds managed by Cdp Real Asset, aimed at investing in infrastructure projects to support Italy’s energy transition. |