ENGIE New Ventures named Best Cleantech Strategic Investor Global 2022

This award underlines ENGIE New Ventures’ contribution to the development of sustainable solutions as well as the quality of the investments it has made as part of a long-term strategy of striving for a world without carbon.

Capital Finance International is an international magazine and website dedicated to finance and the economy. Every year, it highlights people and organisations who make significant contributions to economic convergence and provide genuine added value for all stakeholders. For winners like ENGIE New Ventures, international recognition of this kind rewards excellent performances in key areas such as the identification of and investment in start-ups developing solutions and technologies which enable carbon neutrality to be achieved.

The jury draws on its extensive experience in company management and financial journalism when choosing the winners, and reward global performances based on several criteria:

• Recognition of the relevance of environmental, social and governance factors (ESG) for investors;
  
  
• Global vision encompassing all the various risks and opportunities;
  
  
• Aligning of financial performance with the wider overall impact;
  
  
• Companies’ ethical behaviour;
  
  
• Efficient research, analysis and evaluation of ESG issues;
  
  
• Experience of the investment team(s), and Excellence, innovation and global contribution to the long-term health, progress and stability of global financial markets.

ENGIE New Ventures (ENV) is a €180 million fund supporting start-ups which develop technologies to digitise, decarbonise and decentralise the energy industry, via renewable clean energy production, green gas such as green hydrogen and biomethane, carbon capture and usage, etc. 

The fund not only invests in start-ups, but supports them in the development of their business model to turn them into strategic assets for the ENGIE Group. 

The fund invests directly in the scaling operations of clean technology companies which have proved their worth, working in close collaboration with management teams to form long-term partnerships and drive strategic growth. ENGIE New Ventures’ portfolio includes 25 start-ups, with recent investments in Ineratec, H2SITE and Ndustrial – companies which offer innovative solutions in areas as diverse as synthetic fuels and natural gas decarbonisation technologies.

ENGIE New Ventures makes minority investments, between one and five million euros, and focuses on start-ups in growth and expansion phases. The success of its investments is underpinned by three differentiating factors: support from experts in the sector, access to the markets and quality of the teams. All investments are in a technology, client solution or business model that is designed to open up new market opportunities and accelerate innovation within the ENGIE Group’s operational units. ENGIE New Ventures is based in Paris and also has offices in San Francisco and Santiago as well as representation in Tel Aviv and Singapore.