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Announced

Completed

Partners Group and GIC led a $650m round in Climeworks.

Financials

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Transaction Value£495m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

Cross Border

Friendly

Production Technology Equipment

Completed

Minority

Venture Capital

carbon dioxide

Private Equity

Switzerland

Synopsis

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Partners Group, a private markets investment manager, and GIC, a wealth fund, led a $650m round in Climeworks, a company specializing in carbon dioxide air capture technology, with participation from Baillie Gifford, Carbon Removal Partners, Global Founders Capital, John Doerr, M&G, Swiss Re and BigPoint. “We are proud to partner with our new investors and thankful for the renewed trust of our existing ones, all committed to the long-term journey of Climeworks. It is thrilling to see the appetite and support of globally leading investors towards the scale up of our technology; this is a great milestone for our company as well as the entire industry," Christoph Gebald, Climeworks Co-Founder and Co-CEO.

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