White Summit Launches Decarbonization Infrastructure Fund II With First Closing

Funding | Jan 23, 2025 | Addleshaw Goddard

White Summit Launches Decarbonization Infrastructure Fund II With First Closing

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

NameRoleTypeDescription
Addleshaw GoddardLegal AdvisorCompanyA law firm advising White Summit on the fund launch and first closing.
White SummitTarget CompanyCompanyAn investment firm launching the Decarbonisation Infrastructure Fund II.
European Investment FundInvestorCompanyOne of the institutional investors in the new White Summit Decarbonisation Infrastructure Fund II.