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RGREEN INVEST, an independent French investment company specialising in energy transition infrastructure projects today announces a strategic partnership with Armen, a pioneer in European GP stakes. The investment is Armen\u2019s first from its newly launched fund, which announced a first close of \u20ac150 million last month. This is a minority investment in the firm and will represent up to 15% of the management company’s capital by 2024. The transaction remains subject to approval by Autorit\u00e9 des March\u00e9s Financiers (the French financial regulator).<\/strong><\/p>\n Founded in 2013 by Nicolas Rochon, RGREEEN INVEST is a B Corp certified investment company<\/a> and one of the first private capital investors into the European energy transition. With an experienced team of 35+ professionals and more than \u20ac1.9 billion under management, the company has grown to become an established mid-sized player in renewable energy financing. It has contributed to financing projects in France and across Europe equivalent to an installed capacity of more than 3.3GW, thus avoiding 844,000 tons of CO2 emissions in 2021[1].<\/span><\/p>\n RGREEN INVEST will benefit from the operational support and experience of Armen<\/a>, with the aim of increasing the company\u2019s assets under manag<\/span>ement (AuM) five-fold by 2030. This fund raising will enable RGREEN INVEST to drive further growth by strengthening its team and enhancing its ability to serve its growing investor base. The management company will also use the funding to invest more in its funds alongside its LPs and to accelerate its international expansion.<\/p>\n As part of the investment, Armen will support RGREEN INVEST on multiple strategic levers, providing guidance in areas such as cyber security, digitalization, human resources, and international corporate development. Armen will not hold a seat on the investment committee and their status as a committed minority shareholder leaves RGREEN INVEST free to control strategic decisions.<\/p>\n Nicolas Rochon, President and Founder of RGREEN INVEST, said:<\/strong> “There is an urgent need to accelerate the financing of the energy transition and the fight against climate change. Armen is the ideal partner to help scale up our company and achieve this. We share a common vision of the role of finance in our societies, reflected in our shared purpose as mission-driven companies. Armen\u2019s extensive experience in the world of private capital will be critical for the next stage of our development, working with us just as we work with the entrepreneurs we back.”<\/em><\/p>\n Dominique Gaillard, Chairman of Armen, said:<\/strong> “RGREEN INVEST is an ambitious company with all of the attributes of a sustainable and high-performing investment firm.\u00a0 We were convinced by the quality of the team, their ambition, and their investment strategy, which answers to the industry\u2019s critical funding needs in the fight against climate change.”<\/em><\/p>\n Laurent B\u00e9nard, Chief Executive Officer at Armen, said:<\/strong> “RGREEN INVEST is one of the few Investment management companies with more than a decade of experience in the field of renewable energy financing. Given the challenges we face today, this is a truly remarkable company. Driven by the shared values of entrepreneurship and the necessary independence that goes along with it, we look forward to working together with Nicolas Rochon and his team to turn the company into the European leader in its segment.\u201d<\/em><\/p>\n <\/p>\n This communication is intended for European investors only. Armen GP Stakes Fund I is not available in the United States.<\/p>\n <\/p>\n ABOUT RGREEN INVEST<\/strong><\/p>\n RGREEN INVEST is an independent, mission-driven and B Corp ertified investment management company founded in Paris in 2013. The company has a proven track record of investing in and financing infrastructure projects that drive energy transition, climate change mitigation and adaptation. With 35+ experienced professionals whose expertise spans fund management, investment banking and renewable energy, RGREEN INVEST has one of the most comprehensive teams of specialists in Europe. The company pays careful attention to sustainability and incorporates robust ESG principles in its investment criteria. With more than \u20ac1.9 billion in assets under management, RGREEN INVEST contributes to financing projects in Europe and abroad equivalent to more than 3.3 GW of total installed capacity, helping to avoid, along with other financing sources, nearly 844,000 tons of CO2e estimated emissions in 2021[1].<\/p>\n rgreeninvest.com<\/span><\/span><\/a><\/p>\n RGREEN INVEST\u2019S INVESTMENT STRATEGIES ARE OPEN ONLY TO PROFESSIONAL AND QUALIFIED INVESTORS<\/p>\n <\/strong><\/p>\n ABOUT ARMEN<\/strong><\/p>\n Armen is a mission-driven company who aims to contribute to a positive change in the private equity ecosystem and to responsibly steer management companies and their holdings towards a sustainable future. Armen’s first fund invests as a minority shareholder in European alternative investment companies through transactions called GP Stakes.<\/p>\n Armen is regulated by AMF, Autorit\u00e9 des March\u00e9s Financiers (the French financial regulator), as a portfolio management company since 07\/09\/2022 under n\u00b0 GP-202222.<\/p>\n www.armen.eu<\/a><\/span><\/span><\/p>\n <\/strong><\/span><\/p>\n FOR ALL MEDIA ENQUIRIES<\/strong><\/span><\/p>\n UK \u00a0<\/strong><\/span><\/p>\n \u00a0<\/span>\u00a0<\/span><\/p>\n [1] Source: RGREEN INVEST. (1) GW stands for gigawatts of renewable energy projects financed since inception and currently in portfolio, under construction or in development, with the support of banks and\/or other investors. (2) RGREEN INVEST has calculated the carbon footprint for its direct and indirect operations (Scopes 1, 2, 3, including 3.15), which amounted to 50 420 tCO2e in 2021. (3) The calculation of avoided GHG emissions (Scope 4) is based on an internal methodology that estimates avoided emissions attributable to a renewable energy project financed by RGREEN INVEST along with other financing sources. The avoided emissions only related to RGREEN INVEST\u2019s investments are estimated to be roughly 109 000 tCO2 in\u00a02021. The scope 4 calculation is highly dependent on the emission factor of the country where the project is located. When renewables replace fossil fuel capacity, particularly coal-fired power plants, the avoided emissions will be significant. Avoided emissions also vary due to the different lifecycles of renewable technologies. (4) These figures shall be updated in July 2023 once the carbon footprint calculation covering year 2022 has been published. Head office: 47-51 rue de Chaillot 75016 Paris \/ RCS Paris 797 827 995 \/ French Financial regulatory license n\u00b0GP-15000021.<\/span><\/p>\n [\/et_pb_text][et_pb_button button_url=”https:\/\/www.rgreeninvest.com\/wp-content\/uploads\/2023\/04\/PR-RGREEN-ARMEN-1.pdf” url_new_window=”on” button_text=”Read full press release” _builder_version=”4.17.4″ _module_preset=”default” custom_button=”on” button_text_size=”18px” button_text_color=”#FFFFFF” button_bg_color=”#162659″ button_border_radius=”42px” button_use_icon=”off” custom_padding=”|40px||40px|false|true” custom_padding_tablet=”|40px||40px|false|true” custom_padding_phone=”|20px||20px|false|true” custom_padding_last_edited=”on|phone” global_colors_info=”{}” button_text_color__hover_enabled=”on|hover” button_text_color__hover=”#162659″ button_bg_color__hover_enabled=”on|hover” button_bg_color__hover=”#FFFFFF” button_bg_enable_color__hover=”on” theme_builder_area=”post_content”][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":" RGREEN INVEST, an independent French investment company specialising in energy transition infrastructure projects today announces a strategic partnership with Armen, a pioneer in European GP stakes. The investment is Armen\u2019s first from its newly launched fund, which announced a first close of \u20ac150 million last month. This is a minority investment in the firm and […]<\/p>\n","protected":false},"author":4,"featured_media":4331,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":" RGREEN INVEST, a French independent fund manager and \u201cEntreprise \u00e0 mission\u201d since 2021, announces attaining B Corp certification, a globally recognized designation for companies dedicated to meeting the highest standards of social and environmental performance, transparency and accountability.<\/strong><\/p> B Corps are for-profit organizations that develop their growth strategy around a business model whose activity benefits not only all stakeholders but the Common Good.<\/p> The certification is conferred by the global non-profit network B Lab. Using the B Impact Assessment, B Lab\u00a0evaluates companies on a set of criteria divided into five categories: Community, Customers, Environment, Governance and Workers.<\/p> The assessment process measures a company's social and environmental impact by analyzing its operations, business model, internal policies and partnerships, as well as the impact of its activity on its workers, customers, communities and the environment. Social contributions, indicators used to track and measure impacts and the methodology used are closely examined to ensure a positive, tangible and sustainable outcome.<\/p> To be certified, companies must obtain a minimum of 80 points. By achieving certification, companies commit to continuous improvement and undergo a reassessment every three years to ensure they continue to meet the rigorous and evolving B Lab standards.\u00a0<\/p> There are currently over 6,400 B Corp certified companies, including 200 in France, spanning more than 160 industries across 89 countries.<\/p> \"Two years ago, we acquired the status of \"Entreprise \u00e0 mission\" (mission-driven company), a specifically French distinction established through the Loi Pacte, \u201cwhose raison d\u2019\u00eatre\u201d (purpose) to \u2018combat climate change by accelerating the energy transition and society\u2019s adaptation by financing infrastructure with a positive and sustainable impact on the environment, local populations and territories is now written into our statutes,\u201d<\/em> explains Julien Commarieu, Head of ESG, Risk & Compliance at RGREEN INVEST. \u201cBeyond serving to strengthen our ESG and CSR criteria, the B Corp designation reinforces on an international scale our commitment to meeting the highest standards of environmental and social impact as we pursue a strategy of sustainable development and geographic diversification.\"<\/em><\/p> B Corp\u2122 Movement <\/strong><\/p> The B Corp movement is a global movement of People Using Business as a Force for Good\u00ae. Together, we are shifting our economic system from profiting only the few to benefitting all, from concentrating wealth and power to ensuring equity, from extraction to regeneration, and from prioritizing individualism to embracing interdependence.<\/p> B Lab\u2122 <\/strong><\/p> B Lab is the nonprofit network transforming the global economy to benefit all people, communities, and the planet. B Lab creates standards, policies, tools, and programs that shift the behavior, culture, and structure of capitalism. We mobilize the global B Corp community towards collective action to address society\u2019s most critical challenges, and we collaborate with governments, academia, coalitions, and other institutions to drive economic systems change.<\/p>","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"annees":[52],"sp_smart_badges":[],"class_list":["post-3932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-non-classifiee","annees-2023-en"],"yoast_head":"\n
<\/strong>Headland
<\/strong>armen@headlandconsultancy.com<\/a>
Carl Leijonhufvud\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/a>V<\/a>iktor Tsvetanov
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