Sustainable Development Capital (SDCL) has committed approximately €100 million ($117 million) to empact, an integrated energy-services company based in Germany that seeks to drive the decarbonization of the built environment.
The commitment was made on behalf of SDCL’s Green Energy Transition Fund (GETF), which will support empact’s €250 million ($291 million) investment plan during the next five years.
empact is focused on becoming a leading energy-service provider in Germany’s €1.1 trillion ($1.3 trillion) real estate sector. The company works with numerous blue-chip corporates and has secured a pipeline of more than 50 megawatts-peak in rooftop solar, 30 megawatts in green heating and cooling, and 1000 electric vehicle charging stations to date.
Existing shareholders in empact, including Bauwens-Adenauer Group, the HOPP family office and the Strungman family office, all will remain invested in the business.
“SDCL brings a wealth of exper
