Greencoat Capital (ESB Novusmodus LP)

What is Greencoat Capital (ESB Novusmodus LP)?

Greencoat Capital, operating the ESB Novusmodus LP fund, is a specialist firm with a primary focus on clean energy and energy efficiency investments. With a fund size of €200 million, they provide financial support ranging from €2 million to €20 million for enterprises. The fund is uniquely backed by ESB, the leading Irish utility, providing Greencoat Capital with a robust platform comprising of industry expertise and technical support.

This alliance allows them to conduct meticulous due diligence for potential investments and to offer an unprecedented level of backing for companies within their portfolio.

They benefit from ESB’s substantial reach and reputation as a state utility to gain direct insights from the expansive utility market and are known to utilize the specialized knowledge from ESB's dedicated teams in an assortment of sectors including Wind, EV, Biomass, Wave, Smart Grid, Smart Meter, and ESCO.

Through imparting these advantages, Greencoat Capital magnifies the potential of its portfolio companies to succeed.

ESB's overarching goal is to channel investment, support, and comprehensive knowledge to businesses within the arena of clean energy and energy efficiency, taking advantage of commercial opportunities stemming from the global shift towards a low carbon economy. Greencoat Capital operates with a team based across London, Dublin, and Munich and carries a global mandate largely concentrated on the European market.

The fund’s dedication primarily revolves around providing not just financial capital, but also strategic support, leveraging ESB’s international scope and deep-rooted knowledge to propel energy transition forward.