Our private equity strategy is centered around our ability to generate value with a strategic and industrial mindset, providing institutional capital to the right businesses but also providing them with strategic input.
Azora´s long-standing expertise in real assets and energy investing as well as our global asset footprint, puts us in a privileged position to access unique investment opportunities in the European market, supported by CBRE’s role.
Investment Strategy
Geographic Focus
We are focused on targeting European companies, taking advantage of Azora's extensive footprint and asset portfolio in the region.
Investment Theme
The decarbonization of real assets and the built environment in particular, targeting Urban Solutions and Energy Solutions with climate impact.
Investment Criteria
ECS targets growth equity investments across Europe, which typically align with the following criteria.
Lower middle-market companies based in Europe that offer decarbonization solutions for real assets across key investment themes: Urban Solutions and Energy Solutions
Operations with durable revenue profiles, ability to scale through technology and visibility into future cash flows
Proven business model and near-term positive EBITDA, no technology or “startup risk”
Blue-chip customer base with industrial and commercial end-users
Strong management teams eager to reinvest in the business, execute against strategic plan, with a clear vision for growth and full alignment on sustainability focused goals (Azora European Climate Solutions, FCR is Art. 9 SFDR)
Ability to unlock significant ROIC generation through tech-enabled scaling, organic growth and inorganic investments
Impact Objectives
Our mission is to assist in the industrialization of climate solutions by providing growth capital to lower middle market businesses that address the decarbonization of real assets and climate change risk
Priority UN SDG Alignment
Affordable and
Clean Energy
Supporting businesses that accelerate the energy transition, expand innovative renewable energy solutions, or upgrade technology to improve the productivity and energy efficiency of real assets.
Sustainable Cities
and Communities
Supporting companies that aim to make cities more sustainable by promoting resilient decarbonization solutions and investing in technologies that make buildings more resilient.
Climate
Action
Supporting companies that strengthen the resilience and adaptive capacity of real estate assets to climate-related hazards, supporting profitable solutions that drive demand for effective climate change-related planning and management.
Investment portfolios
Azora European Climate Solutions Fund
We intend to be the leading European private equity vehicle providing growth capital to lower middle market businesses in Europe addressing the decarbonization of real assets with a focus on the built environment and climate change risk.
Abatable, Inc
Abatable enables companies to discover and support credible carbon projects that deliver meaningful impact. Abatable leverages their technology platform to deliver an end-to-end carbon strategy, delivering carbon credit procurement services, connect carbon capital to top quality projects and provide market data and intelligence to support decision making.
mylight 150
Integrated, end to end solution provider for home energy management, designing and distributing solar PV-led products that provide home dwellers with a full interconnected suite of smart energy management tools and value-added services, including a virtual battery. The company allows end-users to optimize production and consumption through smart AI-powered technology, generating 30 – 50% savings in utility bills. It has made >30,000 home installations with 100,000 IoT sensors and 7,500 energy subscribers. Business plan assumes strong expansion in Spain – Azora’s residential footprint and energy market expertise, offering mylight150 unique value creation opportunities.
Azora Investments in Sustainable Agriculture
We seek to invest in businesses that promote Sustainable Agriculture offering innovative climate mitigating or adaptive solutions across the entire value chain. Azora's experience in real assets will provide businesses with key expertise to create value and an opportunity to create transformational change in underserved markets.
ISFA
Spanish-based sustainable agriculture company developing high-density almond farms under the SES (Sustainable Efficient System) cultivation system. ISFA utilizes technology to identify suitable land plots with appropriate climate conditions and access to water for each variety of almond, develop genetically optimized almond varieties, and install precision nutrition and irrigation systems that enable efficient and sustainable development of almonds, as well as mechanized and digitalized operation.