Impact Investing
The Spanish Suma Capital Focuses on Italy and Takes Over 100% of CH4T
Suma Capital is an independent alternative manager and leader in energy transition and climate action. The company focuses its investments in sustainability through three different programs: Sustainable Infrastructure, Growth Capital and Venture Capital. CH4T is part of the Qualitas Energy investment fund, specialized in the renewable energy sector, energy transition and sustainable infrastructure.
After the opening of its first international office in Paris last year, and the incorporation of Jérôme Petitjean as its first international partner, the Spanish multi-asset sustainability fund Suma Capital has set its sights on Italy by acquiring 100% of CH4T, a company based in Verona specialized in the management of biomethane plants for energy use.
CH4T is made up of professionals with over 20 years of experience in the energy and agricultural sector in Italy, and focuses on the acquisition and transformation of biogas plants into biomethane plants. The company is part of the Qualitas Energy investment fund, specialized in the renewable energy sector, energy transition and sustainable infrastructure.
CH4T currently has 10 plants in an advanced stage of negotiation in northern Italy and plans to complete the acquisition of another 10 -15 biogas plants in the medium term, transforming them into biomethane plants , 3 of which already in the first weeks of this year, for an initial investment of approximately 15 million euros . The group aims to promote the energy transition by promoting the production of biomethane which it carries out through a team 100% focused on the sector, a multi-specialist team and with an ambitious growth plan.
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For Suma Capital, the investment in CH4T represents the first international operation of the 300 million euro SC Climate Impact Fund III fund
During 2023, the same vehicle invested in other projects in Spain, such as Adec Global (waste valorisation and aggregate treatment), Zamora Eco Energías (renewable heat networks) and Biometano Montes de Toled or (biomethane and compost production ).
Enrique Tombas , president and founding partner of Suma Capital, said: “We are proud to announce our first international investment , which marks a significant milestone inSuma Capital’s trajectory. This operation not only represents a strategic step towards the internationalization of our company, but also underlines our constant commitment to investments that generate a positive impact on environmental sustainability and local economic development. The acquisition of CH4T is further testimony to our belief in transforming the energy landscape towards more sustainable sources. This step also reflects our full confidence in the exceptional CH4T team and the potential of the Italian market.”
Suma Capital is an independent alternative manager and leader in energy transition and climate action. The company focuses its investments in sustainability through three different programs: Sustainable Infrastructure, Growth Capital and Venture Capital. Founded in 2007, Suma Capital is today a European company with over 800 million euros under management and a presence in Barcelona, Madrid and Paris.
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(Featured image by Pepi Stojanovski via Unsplash)
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First published in Be Beez. A third-party contributor translated and adapted the articles from the originals. In case of discrepancy, the originals will prevail.
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