Vattenfall Europe Venture

About The Fund

Vattenfall Europe Venture is a venture capital firm specializing in investments within the energy and services sectors. They typically invest between 100K and 1M Euros in each portfolio company, although it is noted that there is a stated fund investment capacity of maximum and minimum 25,100,000 Euros, which presents a discrepancy compared to the typical investment range. The firm has a keen focus on IT (& TMT), Energy, and CleanTech industries, showcasing a strategic alignment with innovative and sustainable sectors. For the 2023-2024 period, Vattenfall has earmarked a substantial investment plan of net 77 billion SEK, with gross investments reaching 87 billion SEK. This difference accounts for partnerships in projects like the Hollandse Kust Zuid 1-4 wind power development and proceeds expected from the divestment of various onshore wind and solar projects designed for resale. Of the net investments, 50 billion SEK are allocated for growth investments, with the lion's share of 38 billion SEK (which corresponds to 76% of the growth investments) designated for wind power sector. Vattenfall Europe Venture is not only investing heavily in wind power but also in electricity grids, district heating operations expansion, and other green ventures such as charging infrastructure for electric vehicles, solar, battery projects, and innovative heating and energy solutions. Their investment strategy clearly indicates a strong commitment to advancing renewable energy, infrastructure for sustainable technologies, and solutions contributing to a greener economy.