ABN AMRO invests in a North European GreenTech growth fund: Nordic Alpha Partners Fund II

Nordic Alpha Partners is one of the pioneers within sustainable growth investments in Europe. The fund is the fourth climate-related fund investment taken on by ABN AMRO Corporate Investments and fits with the bank’s climate strategy and is an important step to support and accelerate the transition to a zero-carbon economy. ABN AMRO is investing a total of €1 billion in early-stage capital in a range of direct investments, fund investments and hybrid capital.

Floris Lyppens, managing Director Corporate Investments, about the investment: “High-growth companies seek not only capital, but also partners who can think with them and provide access to their networks. Nordic Alpha Partners is an investor that fulfils these requirements. With this investment, ABN AMRO will support these companies to grow into successful market leaders."

Encouraging the growth of sustainable businesses

Nordic Alpha Partners Fund II has previously invested in Swedish high-end solar panel design and installation company Sunroof, German battery company STABL and Swedish climate control company Airwatergreen. The fund is managed by Nordic Alpha Partners, a Danish investment company that is a leading European GreenTech growth fund on a mission to rapidly scale the HardTech sustainability winners of tomorrow. This is ABN AMRO Corporate Investments' fourth climate-related fund investment.

Troels Øberg, Senior Partner at Nordic Alpha Partners, about ABN AMRO’s investment:"We are pleased and proud to welcome ABN AMRO as a new investor in Nordic Alpha Partners Fund II. ABN AMRO’s broad financial service capabilities and experience will be a fuelling factor for both Nordic Alpha Partners, our portfolio companies, and the green transition. We warmly welcome ABN AMRO and look forward to a successful partnership."

More information

ABN AMRO has a dedicated New Energies team that offers strategic advice and financing to support companies in transitioning to sustainability. For more information, click here to learn about the New Energies team.

Corporate Investments offers ABN AMRO clients an opportunity to accelerate the transition to a sustainable and inclusive society through a comprehensive array of capital products. These include its Sustainable Impact Fund, which holds direct investments in companies, as well as hybrid capital, subordinated debt and climate-related fund investments.