A&G Energy Transition Tech Fund
Paseo de la Castellana, 92, Madrid, 28046, Spain
Overview
A&G Energy Transition Tech Fund is a venture capital fund managed by A&G Banca Privada.
- Total investments
- 3
- Lead investments
- 2
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Sympower
Led · Series B · Nov 2024
Sympower operates a leading energy-flexibility platform that helps balance electricity supply and demand by aggregating and optimizing distributed energy resources, including large fleets of battery energy storage systems (BESS). The company currently manages more than 2.7 GW of flexible assets and over 0.5 GW of BESS in the Nordic region, and it has recently expanded its BESS optimization services to Greece while eyeing additional European markets. Its technology enables grid operators and asset owners to monetize flexibility, accelerating the integration of renewable generation. With more than a decade of operating experience and a strong local presence in multiple countries, Sympower plans to use fresh capital to deepen BESS capabilities, pursue strategic M&A, and scale into new geographies. The firm counts several impact-focused backers, and the latest financing further underscores investor confidence in its role within Europe’s energy transition.
- Libattion
Led · Equity · Jun 2024
Libattion produces stationary energy storage systems called "e-Racks" using upcycled electric vehicle batteries. The e-Racks cover capacities from 97 kWh to 60 MWh and are designed to provide services such as frequency control, peak demand reduction, and fast EV charging. The systems can support critical infrastructure and hybridise renewable assets by storing surplus energy. Libattion also offers algorithms and power control systems that extend the service life of upcycled batteries to achieve technical performance equal to new batteries. The company aims to reduce imports of critical resources and contribute to the decarbonisation of industries through a more sustainable, cost-effective battery technology. Libattion has secured €14 million in funding to help achieve its next milestones and scale its solutions.
- Pexapark
Participated · Series C · Sep 2023
Pexapark provides Power Purchase Agreement (PPA) price reference, risk and portfolio management software (PexaOS) and advisory services for the renewable-energy sector. Its PPA reference prices cover 19 markets and the company has supported more than 30,000 MW of renewable PPA transactions. Pexapark’s software and advisory offering is used to close PPA transactions, manage market risk and monetise renewable energy investments. The services have been adopted by over 200 renewable energy, storage and green hydrogen players across Europe, including Octopus Energy Generation, Statkraft, BP, EDF Renewables and Covestro. Led by CEO Michael Waldner, the company positions itself as the reference for buying, selling and managing renewable energy. Pexapark plans to use the new funding to expand operations and broaden its business reach. Pexapark offers an operating system that combines software and advisory services to cover the full energy trading and sales workflow—from price discovery to analytics, execution, and monitoring—for solar and on- and offshore wind. Its solutions are underpinned by PPA price reference data and quantitative analytics and are used by customers such as Ardian, Brookfield’s CEE Group, CIP, TotalEnergies, and Ørsted. The company operates across 18 countries and employs more than 80 people across Europe. Since launching in 2017, Pexapark has focused on helping developers, IPPs, funds, utilities and corporates manage revenues and portfolio risk in subsidy-free, volatile markets. The business plans to expand into storage, trading-as-a-service, and portfolio management and to significantly grow headcount across Europe in 2022. Recent funding and government support are intended to accelerate that geographic and product expansion. Founded in 2017 and headquartered in Zurich, Pexapark builds software and offers consulting to support the sale of renewable energy, with tools for price discovery, analysis, procurement and PPA management. The company applies quantitative analytics to power risk- and portfolio-management tools and broader advisory services. Pexapark reports having helped finance over 5 GW of projects through PPAs. Its customer base includes firms such as RWE, Credit Suisse, Vestas and EEX. Pexapark is currently active in major European renewable markets and plans to expand its global presence. The company recently secured growth capital to accelerate that international expansion. Pexapark develops a platform that helps owners of wind farms and solar parks structure power sales, close transactions and monitor energy risks. The company aims to make renewable energy trading easier, faster and lower-cost amid growing market complexity and volatility. Clients include traders at Credit Suisse AG and Encavis AG, and Pexapark has advised more than 2.2 gigawatts of power purchase agreements in Europe. Founded in 2017 and based in a startup space in Zurich‑Schlieren, the company had about 20 employees. In December 2018 it raised €3.5 million to develop its trading platform and hire more staff, and it planned to raise additional capital in 2020.
Team
No current team members are available.