COFIDES has invested €50 million in the SWEN Impact Fund for Transition 3, a fund focused on renewable gas infrastructure, marking a significant commitment to accelerating Spain's transition to a low-carbon economy.
Target Information
On October 16, 2025, COFIDES invested €50 million in the SWEN Impact Fund for Transition 3 (Swift 3), a private equity fund specializing in infrastructure, managed by the French firm SWEN Capital Partners. Swift 3 is a Luxembourg-based vehicle that focuses on investing in the production and distribution of renewable gases, including biomethane and green hydrogen.
The fund aims to raise a total of €1 billion, with investment contributions ranging from €20 million to €50 million. Notably, at least double the amount contributed by FOCO will be invested in Spanish companies, thereby strengthening Spain's role in the decarbonization process.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in Spain
Spain has become a crucial player in the renewable energy sector, particularly in the development of renewable gases. The country has set ambitious goals for reducing greenhouse gas emissions and t
Similar Deals
Everwood Capital → two photovoltaic projects
2025
COFIDES → Vesper Next Generation Infrastructure Fund I SCSp
2025
Not specified → Programme of renewable energy assets
2024
Unknown → Programme of renewable energy assets
2024
COFIDES
invested in
SWEN Impact Fund for Transition 3
in 2025
in a Other Private Equity deal
Disclosed details
Transaction Size: $54M
Revenue: $1M
EBITDA: $1M
EBIT: $1M
Net Income: $1M
Enterprise Value: $1M
Equity Value: $1M
Multiples
EV/EBITDA: 1.0x
EV/EBIT: 1.0x
EV/Revenue: 1.0x
P/E: 1.0x
P/Revenue: 1.0x