Partners Group, along with GIC, TPG Rise Climate, and Mubadala, has acquired German energy efficiency provider Techem for US$7.3 billion, reflecting a strong commitment to sustainable energy solutions and digital decarbonization infrastructure.

Information on the Target

Techem is a leading provider of energy efficiency solutions based in Germany. The company specializes in creating innovative technologies that facilitate energy savings through digital metering and smart building solutions. With a strong focus on sustainability, Techem has positioned itself as a pioneer in the decarbonization of the energy sector, making significant strides in both residential and commercial markets.

Techem offers a comprehensive range of services, including heat and water metering, energy management, and residential service solutions. By leveraging advanced digital tools, the company enables customers to monitor and optimize their energy consumption, thereby contributing to lower carbon emissions and fostering energy efficiency across multiple sectors.

Industry Overview in Germany

The German energy efficiency industry is experiencing a transformative phase driven by stringent government regulations aimed at reducing greenhouse gas emissions. The country's ambitiou