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Enmacc secures eight-figure sum in a Series B financing round led by Klima Energy Transition Fund

28/09/2022

Nota de prensa

ENMACC SECURES EIGHT-FIGURE SUM IN A SERIES B FINANCING ROUND LED BY KLIMA ENERGY TRANSITION FUND

Following the recently announced €210 million final close of Alantra’s Energy Transition Fund (“Klima” or “The Fund”), Klima has successfully led a Series B financing round in Enmacc, Europe’s largest over-the-counter (OTC) energy trading platform with over 450 customers. The financing round, the first in Germany for Klima, also included the participation of Chevron Technology Ventures.

The investment in Enmacc represents the fourth investment completed by The Fund and follows the commitment in Swedish decentralized integrated solar company Sunroof, announced on September 13th. Additionally, Klima has completed two other investments with diversification in terms of countries and sectors: US power generator Mainspring and Swiss weather forecast predictor Meteomatics.

Jens Hartmann, CEO of Enmacc, stated: “The energy markets are currently characterised by extreme price levels, unprecedented volatility and very low liquidity. This poses huge challenges for market participants. What is needed now, above all, are digital trading options that help participants expand their network of trading partners — and ultimately improve their liquidity.  The current energy crisis shows that energy trading must evolve. It must become more digital and promote diversity in market structures. The energy transition can only succeed on the basis of efficient markets that provide economic incentives for decarbonisation.”

By securing an eight-figure investment, Enmacc is positioned to expand its leadership role in Europe. In addition, the company’s customers can soon trade a growing portfolio of commodities on the platform, a growing portfolio of environmental commodities. This upcoming ‘multi-commodity architecture’ enables the rapid use of digital infrastructure for trading additional products at an early market stage. In the short term, Enmacc will launch the trading of CO2 emission allowances and green energy certificates.

Bastien Gambini, Managing Partner at Alantra, remarked: “Enmacc has impressively transformed gas and power trading digitally, quickly winning over a large customer base in a conservative market. We believe that the unique combination of superior technology and industry expertise will make Enmacc successful in a wide range of energy and environmental commodities trading. With its platform, the company is positioning itself as a global leader in energy trading and enabler of an accelerated energy transition.”

Nuevos informes, publicaciones y series de datos: El Capital riesgo Informal en España 2022 / Informe de Impacto Económico y Social de los préstamos otorgados por Enisa / Suscríbete a la newsletter con las noticias destacadas de cada semana / Serie de datos (excel) de Grupos-Redes Business Angels, aceleradoras-incubadoras. 2021

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