Potential offtaker

Eurazeo

www.eurazeo.com

Estimated electricity consumption

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Countries of production presence

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Eurazeo is one of the leading private equity firms in France, with a strong focus on sustainability and decarbonisation. The company has a diversified portfolio of investments across various sectors, including renewable energy, healthcare, consumer goods, and financial services. Eurazeo has a long-standing commitment to responsible investing and has integrated environmental, social, and governance (ESG) factors into its investment process.

One of Eurazeo's key areas of focus is decarbonisation, which is the process of reducing carbon emissions and transitioning to a low-carbon economy. The company recognizes the urgent need to address climate change and is committed to investing in companies that are actively working towards decarbonisation. Eurazeo has set ambitious targets to reduce its own carbon footprint and has implemented various measures to achieve these goals.

One of the ways Eurazeo is supporting decarbonisation is by investing in renewable energy projects. The company has a dedicated team that focuses on renewable energy investments and has made several investments in this sector. For example, in 2020, Eurazeo acquired a majority stake in Idex, a French company that provides energy services to buildings and communities. Idex specializes in the production and distribution of renewable energy and has a strong track record of reducing carbon emissions.

Eurazeo is also actively involved in corporate energy management and has implemented various measures to reduce energy consumption and improve energy efficiency across its portfolio of companies. The company has a team of experts who work closely with its portfolio companies to identify opportunities for energy savings and to implement best practices in energy management. This includes the use of corporate power purchase agreements (PPAs), which allow companies to purchase renewable energy directly from generators.

Corporate PPAs are an important tool for companies looking to reduce their carbon footprint and transition to renewable energy. Eurazeo has been actively involved in this area and has helped several of its portfolio companies to secure corporate PPAs. For example, in 2020, Eurazeo helped its portfolio company Elis to sign a 10-year PPA with a wind farm in Spain. This PPA will enable Elis to source 100% renewable electricity for its operations in Spain and will help the company to achieve its sustainability goals.

In addition to renewable energy and corporate energy management, Eurazeo is also involved in other areas related to decarbonisation. For example, the company has invested in companies that are developing innovative technologies to reduce carbon emissions, such as electric vehicles and energy storage systems. Eurazeo is also involved in the circular economy, which is a model of production and consumption that aims to minimize waste and maximize the use of resources.

Overall, Eurazeo is a leading private equity firm in France that is committed to sustainability and decarbonisation. The company has a diversified portfolio of investments across various sectors, including renewable energy, healthcare, consumer goods, and financial services. Eurazeo has a long-standing commitment to responsible investing and has integrated environmental, social, and governance (ESG) factors into its investment process. The company is actively involved in supporting decarbonisation through its investments in renewable energy, corporate energy management, and other areas related to sustainability. Eurazeo is a strong advocate for responsible investing and is committed to making a positive impact on society and the environment.

✓ Science Based Targets member
✓ Declared Net Zero commitment