December 7, 2023
Banque des Territoires, Tikehau Capital, and Equans are joining forces to create EffiWatt, an investment platform dedicated to financing and implementing energy-efficiency projects for the commercial and industrial sectors
Banque des Territoires, committed to the ecological transformation of the region, Tikehau Capital, a global alternative asset management group, and Equans, a global leader in the energy and services sector, are joining forces to create the EffiWatt investment platform, with €35 million in funding, dedicated to providing third-party financing for energy efficiency projects for players in the commercial and industrial sectors.
With 42.5% of its capital held by Banque des Territoires, 42.5% by Tikehau Capital, and 15% by Equans, EffiWatt combines technical expertise, financial solutions, and local presence to scale up renovation programs for public and private entities of all sizes (local governments, SMEs, mid-sized companies, etc.) that wish to improve the energy performance of their buildings, decarbonize their industrial sites in France, and reduce their energy bills, all while maintaining their capacity for growth. The platform plans to invest 35 million euros, and this amount could be increased depending on the pace of deployment.