Tikehau Investment Management SAS raised €350 million at the first close of its energy transition-focused fund, T2 Energy Transition Fund.
The fund, which developed from a collaboration with oil and gas company Total SA, includes Bpifrance SA and Groupama Group as anchor investors. It also received commitments from European institutional investors and family offices.
T2 Energy Transition looks to aid medium-sized European energy transition companies with their development, transformation and international expansion. It will invest in companies operating in clean energy production, low-carbon mobility, and improvement in energy efficiency, storage and digitalization.