Magnesium Capital Exceeds Expectations with €135m Debut Fund

Magnesium Capital, specializing in energy transition buyouts, has successfully concluded its inaugural fund, Magnesium Capital I, surpassing its initial target to reach a hard cap of €135 million. The fund, which initially aimed for €100 million, attracted significant interest from institutional investors across the US, Europe, and the UK, resulting in an oversubscribed final close less than a year after its first close.

Dedicated to backing profitable European enterprises driving energy decarbonization through technology and tech-enabled services, Magnesium Capital has swiftly solidified its position in the market. With seven platform investments, six follow-on acquisitions, and two exits since its inception, the firm demonstrates a robust track record in identifying and nurturing promising ventures within the energy transition sector.

Magnesium Capital's successful fund closure underscores growing investor confidence in opportunities aligned with environmental sustainability and underscores the firm's commitment to driving impactful change in the energy landscape.