AxClimat I, a private equity fund by Anaxago Capital focused on decarbonization, has made a strategic investment in Verdane Idun II to bolster European climate transition efforts.

Target Information

AxClimat I, the inaugural private equity fund launched by Anaxago Capital, is focused on driving decarbonization initiatives across Europe. The fund has made a strategic investment in Verdane Idun II, another investment fund committed to aiding the climate transition through innovative projects aiming at carbon emission reduction. This investment further solidifies AxClimat I's mission to support European funds that are actively engaged in addressing climate issues and contributing positively to the transition towards a sustainable economy.

The Verdane Idun II fund, which has received Article 9 classification under the SFDR regulation, successfully raised €700 million, reaching its hard cap just five months after opening to investors. It operates by investing between €20 million to €100 million in European companies that drive decarbonization within key sectors such as energy transition and resource efficiency. Each investment is mandated to achieve a reduction of at least 5,000 tonnes of CO2 emissions avoided for every million euros invested, thus aligning with its overarching goal of mitigating climate impact.

Industry Overview

The European decarbonization sector has gained significant traction in recent years, motivated by increased regulatory pressures and growing awareness of climate change. Countries across Europe are implementing stringent policies aimed at reducing greenho