Verdane Raises €700 Million for European Decarbonization and Resource Efficiency

Verdane, a European growth investment firm, has successfully closed its Idun II fund at a €700 million hard cap, more than doubling the size of its previous fund. This fund focuses on investing in businesses that support the decarbonization of the economy, specifically in energy transition and resource efficiency, while adhering to strict environmental criteria. Idun II attracted a diverse investor base, including U.S. investors, and was fully allocated within five months. Verdane aims to deliver strong financial returns alongside measurable climate impact, supported by a dedicated team of investment experts and operational staff. The firm’s leadership emphasizes the potential for sustainable investing to drive significant economic growth while addressing climate challenges. Resources: https://esgnews.com/verdane-raises-e700-million-for-european-decarbonization-and-resource-efficiency/