
Climate Change Capital Private Equity
Room 113 65 London Wall, London, England, EC2M 5TU, United Kingdom
Overview
Climate Change Capital is an environmental asset management and advisory group. It advises and invests in companies driven by the financial rewards associated with a sustainable economy. Its asset management business develops and manages funds that invest in sustainable companies and projects. Its advisory team provides M and A, financial, strategic and policy advice to renewable energy companies, energy-intensive industries, financial institutions, clean technology companies and governments.
- Total investments
- 8
- Lead investments
- 6
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Asset Management
- Finance
- Financial Services
Investment portfolio
- Nujira
Participated · Equity · Apr 2014
Nujira Ltd develops Envelope Tracking (ET) technology and Coolteq ET chips aimed at improving performance and efficiency in 4G smartphones and other wireless devices. The company closed a $20M funding round to provide working capital for a production ramp of its Coolteq chips and to fund continued development of its long-term product roadmap. To support product development and US customers, Nujira will open a new design centre in Santa Clara, California to develop next-generation ET ICs and provide local applications and operations support. Founded in 2002 and led by CEO Tim Haynes, the company employs over 60 people and is engaged with all major smartphone chipset vendors. Nujira expects its Coolteq.L ET chips to be designed into 4G smartphones in 2014. Nujira develops Envelope Tracking (ET) technology and its Coolteq® power modulator solutions to enable power-efficient 3G/4G wireless transmitters for cellular terminals, infrastructure and digital broadcast systems. The company is led by CEO Tim Haynes and has design centres in Cambridge and Edinburgh. Nujira says it is engaged with 16 major smartphone chipset suppliers to embed its ET technology into their reference platforms and expects its Coolteq.L technology to be designed into 4G smartphones in 2013. The company intends to use new capital to continue developing its technology and to reinforce the value of its ET patent portfolio. Nujira has previously been backed by NES Partners, Environmental Technologies Fund, Amadeus Capital Partners and Climate Change Capital Private Equity. It recently raised additional funding to support these product and IP objectives. Nujira develops Coolteq wideband Envelope Tracking and High Accuracy Tracking (HAT™) modulator technology to dynamically control RF power amplifiers and cut transmitter waste heat. The company says its technology reduces power consumption in smartphone transmitters by 30–50% and is shipping silicon. Nujira has built an extensive patent portfolio covering Envelope Tracking and efficient wideband PA transmission systems. Management aims to install Coolteq into 800 million 3G and 4G devices by 2016 and to make the technology the power-optimisation choice for smartphones and other data-oriented devices. The new funding will be used to expand the handset engineering team to support product development and engagements with leading global handset vendors. Nujira is headquartered in Cambourne, Cambridge, United Kingdom. Nujira, based in Cambridge, UK, develops technology to dramatically improve the energy efficiency of cellular network base stations and digital broadcast transmitters by reducing waste energy in the RF Power Amplifier circuit. The company commercialises its Coolteq products. Proceeds from the funding will be used to accelerate development of its handset technology, support expansion into a new market, and support general commercial development in the Cellular Infrastructure and TV Broadcast sectors. CEO Tim Haynes said the new investment provides the opportunity to continue commercialisation of Coolteq products and to promote the technology into new markets. The article cites existing investor support from Bank Invest, 3i, Amadeus and Mitsubishi UFJ Capital alongside the new investor.
- Power Plus Communications
Led · Series B · Jun 2012
Founded in 2001 and based in Mannheim, Germany, Power Plus Communications provides distribution network operators and utilities with broadband powerline communication systems for smart metering and smart grids. Its customers include leading European DNOs and utilities such as E.ON, WPD, EnBW, MVV Energie AG, Stadtwerke Düsseldorf, DEW21 (Dortmund) and Stadtwerke Ratingen. The company closed a €12m Series B funding round led by Climate Change Capital with participation from British Gas and Siemens Financial Services. It intends to use the funding to accelerate market growth in Germany, across Europe and in the Middle East. In conjunction with the funding, Dr Detlef Pohl of Siemens Financial Services and Mr Petter Allison of British Gas will join the company’s supervisory board.
- Orege
Led · Equity · Jul 2011
Orège develops, manufactures and commercializes SLG® solutions for the conditioning, treatment and valorization of municipal and industrial sludges. Its patented SLG® technology reduces sludge volume, modifies physico‑chemical and rheological characteristics and improves sites' carbon footprint. The technology has received multiple awards, including Global Water Intelligence's "technology of the year" (2016) and "most innovative technology" at Utility Week Birmingham (2017). Orège operates from sites in France, the United States, the United Kingdom and Germany and counts Itochu Machine‑Technos Corp as a partner in Japan; it is listed on Euronext Paris. The company plans to use the recent proceeds to finance commercial expansion in the United States, Britain, Germany and Japan and to develop new waste‑to‑energy valorization solutions. Orège reported no current dilutive instruments following the abandonment of stock option plans, though new free share plans planned for 2019 could represent up to 3% of capital post‑issuance. Orège, based in Jouy-en-Josas near Paris, has developed patented wastewater treatment technologies for complex effluents and sludge from the oil & gas, mining, petrochemical and chemical industries. Its patented SOFHYS and patent-pending SLG systems are designed to treat BTEX compounds and dissolved chemical oxygen demand (COD) and to de-watering and de-polluting sludge in a cost-efficient manner. On 12/07/2011 Orège received an €8m private equity financing led by Climate Change Capital Private Equity LP (which contributed €6m) with participation from Oraxys SA. The company intends to use the proceeds to accelerate expansion in France and internationally through investments in mobile SOFHYS and SLG units. It also plans to enrich specific know-how by creating dedicated teams for the oil & gas and chemistry sectors. Orège is led by CEO Pascal Gendrot, employs 40 people, and maintains an R&D facility in Aix-en-Provence.
- NEURA
Led · Equity · Jul 2011
NEURA GmbH is a Regau, Austria-based renewable technology company that designs and produces smart-grid enabled, high-performance heat pumps aimed at both residential and commercial buildings. Led by CEO Hannes Jakob, the firm focuses on improving energy efficiency and facilitating seamless integration with modern electricity grids. Its product line targets the rapidly growing European demand for low-carbon heating solutions. The company positions itself at the nexus of heating technology and smart energy management, helping building owners cut emissions and energy costs. With new capital in place, NEURA intends to accelerate market penetration and expand its offering across Europe. Although no operating metrics such as revenue or unit sales were disclosed, the investment signals investor confidence in the firm’s growth prospects. Board oversight will be strengthened by the addition of Climate Change Capital Private Equity founding partner Bruno Derungs, who joins as a director.
- Enecsys
Led · Series B · May 2011
Enecsys develops solar microinverters designed for residential and smaller commercial photovoltaic installations rather than utility-scale farms. Its inverters mount on the rail behind solar modules, deployed one per module or one per two modules. The company says its technology enables remote monitoring and optimization via web apps and can harvest 5–20% more energy than traditional DC-wired setups. Enecsys plans to use new funding to expand its microinverter sales into additional international markets, including Canada and the U.S. The market is highly competitive, with numerous well-funded microinverter startups and incumbent inverter and optimization suppliers. To date the company has raised about $55.3 million in venture capital. Enecsys Limited is a Cambridge, UK-based manufacturer of solar photovoltaic (PV) micro-inverters. The company attracted a further £2.5m ($4.2m) investment from Good Energies. This new funding adds to the £6m ($10m) received from Wellington Partners and BankInvest in June 2009, for a total of £8.5m ($14.3m) in the company. In conjunction with the funding, George Coelho, Good Energies’ Managing Director, London, joined the board of Enecsys. In early 2010 the company planned to announce its micro-inverter technology, which it said promises lowest lifetime costs, highest reliability and faster, easier installation of solar PV systems. Good Energies is described in the article as a global investor in renewable energy and energy efficiency industries.
Team
No current team members are available.