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Astorg is a leading private equity firm based in France that specializes in investing in mid-sized companies across Europe. With over €10 billion in assets under management, the firm has a proven track record of identifying and investing in companies with strong growth potential and helping them achieve their strategic objectives.

One of the key areas of focus for Astorg is decarbonisation, which has become an increasingly important issue for companies across all sectors. As the world continues to grapple with the challenges of climate change, companies are under increasing pressure to reduce their carbon footprint and transition to more sustainable business models.

Astorg recognizes the importance of decarbonisation and has made it a key part of its investment strategy. The firm has invested in a number of companies that are focused on developing and deploying renewable energy solutions, such as wind and solar power. These companies are helping to drive the transition to a low-carbon economy by providing clean, reliable energy sources that can replace fossil fuels.

In addition to investing in renewable energy companies, Astorg is also focused on helping its portfolio companies reduce their own carbon footprint. One way the firm is doing this is by working with companies to implement corporate energy strategies that are focused on reducing energy consumption and increasing efficiency.

One of the key tools that Astorg is using to help its portfolio companies achieve their energy goals is the corporate power purchase agreement (PPA). A PPA is a long-term contract between a company and a renewable energy provider that guarantees the purchase of a certain amount of renewable energy over a specified period of time. By entering into a PPA, companies can lock in a reliable source of renewable energy and reduce their exposure to volatile energy prices.

Astorg has been at the forefront of the corporate PPA market, helping its portfolio companies to negotiate favorable contracts with renewable energy providers. The firm has also been instrumental in developing new financing structures that make it easier for companies to invest in renewable energy projects.

One of the companies in Astorg's portfolio that has benefited from the firm's focus on decarbonisation is EWE Offshore Service & Solutions. EWE is a leading provider of services to the offshore wind industry, and Astorg invested in the company in 2016. Since then, Astorg has worked closely with EWE to help the company expand its operations and develop new services that support the growth of the offshore wind industry.

Another company in Astorg's portfolio that is focused on renewable energy is Lutech Group. Lutech is a leading provider of IT solutions and services, and Astorg invested in the company in 2019. Since then, Astorg has worked with Lutech to develop a corporate energy strategy that is focused on reducing the company's energy consumption and increasing its use of renewable energy sources.

Astorg's focus on decarbonisation is not just good for the environment – it is also good for business. Companies that are able to reduce their carbon footprint and transition to more sustainable business models are likely to be more resilient in the face of future environmental challenges. They are also likely to be more attractive to investors who are increasingly focused on environmental, social, and governance (ESG) factors.

In conclusion, Astorg is a leading private equity firm that is focused on investing in mid-sized companies across Europe. The firm has a strong track record of identifying and investing in companies with strong growth potential, and it is now increasingly focused on decarbonisation and renewable energy. By investing in companies that are at the forefront of the transition to a low-carbon economy, Astorg is not only helping to address one of the biggest challenges facing the world today – it is also helping its portfolio companies to build more sustainable and resilient businesses for the future.

✓ Science Based Targets member
✓ Declared Net Zero commitment