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Capital Dynamics Clean Energy VIII secures additional recognition from 2024 GRESB Results

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LONDON - October 29, 2024 – Capital Dynamics, an independent global private asset management firm, is proud to announce that its Clean Energy and Infrastructure VIII SCSp (“CEI VIII”) Fund has been awarded Infrastructure Fund Sector Leader status in the 2024 Global Real Estate Sustainability Benchmark (GRESB) Assessment, a significant recognition of the fund’s excellence in environmental, social and governance (ESG) performance.

The GRESB Sector Leader designation is awarded to the top performers across different regions and sectors in the GRESB Assessments. In 2024, CEI VIII, which invested in renewable energy projects across the UK and Europe, received 5-Star GRESB Ratings and a score of 99 out of 100  both at Fund and Asset Level and secured multiple #1 rankings across key performance benchmarks. 

We are thrilled to be recognized as a Sector Leader in the 2024 GRESB Assessment” said Martin Hahn, Chief Executive Officer of Capital Dynamics. “This achievement is a testament to our deep commitment to Responsible Investment and our leadership in driving sustainable investment opportunities in the renewable energy sector.”

Barney Coles and Dario Bertagna, Co-Heads of Clean Energy at Capital Dynamics, added: “We are proud of this recognition, as it underscores the impact of our Clean Energy investments. Our assets play a critical role in the European energy transition and achieving Sector Leader status highlights both our strong governance and our ability to create long-term sustainable value for our investors.”

The GRESB Assessment is a globally recognized evaluation of ESG performance for real estate and infrastructure. In 2024, the assessment covered 167 participating funds and 720 assets, across 81 countries. Achieving Sector Leader status signifies the funds’ top performing rank in its sector and region, demonstrating Capital Dynamics’ leadership in Responsible Investment. 

Sebastien Roussotte, Chief Executive Officer of GRESB, shared: “Our Sector Leaders this year have demonstrated extraordinary commitment to sustainability, leading by example and driving the industry forward. Their dedication to ESG excellence is truly commendable.”

Capital Dynamics has been investing directly in clean energy since 2010 and currently owns and operates renewable energy assets in Europe with a combined capacity of over 2GW. Capital Dynamics’ Clean Energy platform focuses on direct equity investments in carbon-reducing, renewable power generating projects from late-stage development through commercial operations. The Clean Energy team, including its dedicated asset management affiliate, Netro Energy, is comprised of over 35 specialized professionals with global capabilities, sector expertise and an extensive industry network. 

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About Capital Dynamics

Capital Dynamics is an independent global asset manager. The firm has over three decades of expertise in lower middle-market private equity (primaries, secondaries, direct investing), and is an established first mover in mission-critical renewable energy generation. 

·       Clean Energy: Direct equity investments in renewable energy technologies, with a focus on utility-scale and distributed generation, solar and wind

·       Primaries: Investments in mid-market funds within buyout, specialist, turnaround and growth sectors

·       Secondaries: Investments in smaller and more complex secondary transactions, including fund restructurings, tail-ends, and preferred interest structures

·       Direct investing: Direct investments in mid-market companies alongside core and specialist sponsors

Capital Dynamics is an early adopter and consistent innovator in responsible investment, with a trademarked approach to ESG underwriting and best-in-class results from leading ESG benchmarking organizations (e.g., PRI and GRESB).

As of Q2 2024, Capital Dynamics oversees more than USD 14 billion in assets under management and advisement[1], and employs approximately 150 professionals globally across 13 offices in Europe, the Middle East, North America, and Asia. 

For more information, please visit: www.capdyn.com

 

About GRESB

GRESB is a mission-driven and industry-led organization providing standardized and validated Environmental, Social, and Governance (ESG) data to financial markets. Established in 2009, GRESB has become the leading ESG benchmark for real estate and infrastructure investments across the world, used by 150 institutional and financial investors to inform decision-making. For more information, visit GRESB.com.

 

Media Contact:

Rebecca Hart

Prosek Partners

rhart@prosek.com

+44 (0) 7903 256182


[1] As of June 30, 2024. Assets Under Management are calculated based on the total commitments as of the final closing date for all funds currently managed by Capital Dynamics, including amounts that have been distributed.  Assets Under Advisement includes assets for which Capital Dynamics provides services such as reporting, monitoring and risk management.

 

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