Announced
Synopsis
ALTÉRRA, an investment vehicle, completed a €50m ($57m) investment in Absolute Energy, an innovative Italian renewable energy platform, with participation fromI Squared Capital. “We are excited to support Absolute Energy as it enters its next phase of growth. With a strong pipeline and deep sector expertise, the company will help drive Italy’s clean energy future. ALTERRA invests to accelerate the climate transition through innovative approaches and partnerships. In working with a global leader like I Squared Capital with their strong track record in platform building and investing in renewables, this investment further demonstrates how ALTERRA works with partners to invest at scale to accelerate impact across key markets," H.E. Majid Al Suwaidi, ALTÉRRA CEO.
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