TiLT Capital Fund 1 (TCF 1), which finances companies in Europe’s energy transition sector, has completed its first closing at €145m.
TCF 1 is backed by key investors, such as the European Investment Bank, the European Investment Fund, Bpifrance and institutional investors as well as private investors and family offices.
TiLT Capital, an entrepreneurial initiative led by founders Nathanael Krivine, Nicolas Lepareur and Nicolas Piau, joined Siparex in September 2021 to become the group’s energy transition platform.
TiLT Capital aims to accelerate the rollout of its investment strategy and the fulfilment of its €250m.
At the time of this first closing, several investment opportunities are already being studied.
The investment strategy is structured around two main themes: energy efficiency and the energy system’s flexibility in production, networks management, and consumption.
TCF 1 deal flow will focus on French and European SMEs, for example in the fields of renewable heat, decentralised renewable energy, power electronics and optimisation of energy consumption.