Pathfinder Clean Energy (PACE) has announced it has secured a pivotal €100 million ($114 million) convertible bond investment from INFRAGREEN V, the flagship infrastructure fund managed by RGREEN INVEST, a Paris-based independent investment management company specializing in financing the energy transition. This investment will accelerate the ongoing construction of PACE’s U.K. clean-energy assets and the continued expansion of its development pipeline.
This investment builds on the strong and aligned partnership established with INFRAGREEN V in June 2025 and reflects the significant progress PACE has made in bringing its solar and battery energy storage projects through construction. It will support PACE’s evolution into an owner and operator of clean infrastructure helping finance the construction of nearly 400 megawatt peak of solar and more than 200 megawatts of battery storage assets while advancing its broader clean infrastructure development pipeline including it