Beyondnetzero and First Reserve led a £150m funding round in Venterra.

Beyondnetzero, a climate solutions fund, and First Reserve, an investment firm, led a £150m funding round in Venterra, the offshore wind energy services business. "General Atlantic’s BeyondNetZero is fully aligned with our vision to help wind power play a leading role in the energy transition. As we build our platform of services for offshore wind development, we are helping meet the industry’s urgent need for a sustainable supply chain with the necessary resources and skills. With the continuing support of all our shareholders, including First Reserve and BeyondNetZero, Venterra is well placed to fund its continuing programme of acquisitions as it scales ahead of a potential IPO," Ayman Asfari, Venterra Executive Chairman.