White Summit Launches Decarbonization Infrastructure Fund II With First Closing
Funding | Jan 23, 2025 | Addleshaw Goddard
Law firm Addleshaw Goddard has advised White Summit on the launch and first closing of the White Summit Decarbonisation Infrastructure Fund II (WSIF-II), aiming for a total target of €500 million. The fund has attracted investments from institutional clients, including the European Investment Fund, international investors, and family offices, underlining a strong interest in energy transition and efficiency investments in Europe. Led by Isabel Rodríguez, Addleshaw Goddard's team, including Counsel María de Orueta and Associate Gonzalo Lozano, facilitated this development. WSIF-II focuses on renewable energy integration, sustainable transport, and industrial decarbonisation, sectors where White Summit Capital has a steady track record. This expansion is poised to bolster Europe's journey towards energy independence and climate objectives.
Sectors
- Energy Transition
- Infrastructure Investment
- Private Equity & Venture Capital
Geography
- Europe – The fund's strategy is focused on investing in European companies within the energy transition sector.
Industry
- Energy Transition – The fund focuses on supporting companies in the energy transition sector, integrating renewable energies to decrease reliance on fossil fuels.
- Infrastructure Investment – The fund is an infrastructure investment vehicle, aiming to allocate resources into platforms that enhance energy security and efficiency.
- Private Equity & Venture Capital – The advisory and launch of a new fund highlight activities typical of private equity and venture capital markets.
Financials
- 500 million – The final target amount for the White Summit Decarbonisation Infrastructure Fund II.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Addleshaw Goddard | Legal Advisor | Company | A law firm advising White Summit on the fund launch and first closing. |
| White Summit | Target Company | Company | An investment firm launching the Decarbonisation Infrastructure Fund II. |
| European Investment Fund | Investor | Company | One of the institutional investors in the new White Summit Decarbonisation Infrastructure Fund II. |