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Published on 9/14/2023 in the Prospect News Green Finance Daily.

Glentra Capital closes first renewable energy fund

Chicago, Sept. 14 – Glentra Capital announced the closing of its first energy transition fund, Glentra Fund I, in a press release on Thursday.

The fund has a total commitment of €443 million from anchor investors Novo Holdings and PKA and several other investors.

The new investment firm has an “ambition to accelerate the energy transition for a clean and sustainable future.”

Glentra Fund I will invest in and grow great companies that lead in the development and deployment of renewable energy such as offshore and onshore wind, solar, sustainable fuels, energy storage, electric mobility and other related sectors.

Glentra is headed by founding partners Henrik Tordrup and Lars Villadsen.

The firm was founded in 2022 and is based in Copenhagen and London.


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