ING

ING is a global financial institution based in the Netherlands, providing a diverse range of banking services, including personal accounts, credit, loans, investments, savings products, and insurance. Established from the merger of the Dutch postal bank and NN Insurance in 1991, ING has expanded its footprint through various acquisitions. It serves over 85 million customers worldwide, including individuals, families, small businesses, large corporations, and governments across Europe, North and Latin America, Asia, and Australia. Following the 2008 financial crisis, ING focused solely on banking after separating its banking and insurance operations. The company is recognized for its strong banking presence in the Netherlands and Belgium, along with a network of digital banks across Europe and Australia. Its global wholesale banking operations primarily concentrate on lending, showcasing ING's commitment to providing comprehensive financial solutions to a broad customer base.

Mariana Gomez de la Villa

Distributed Ledger Technology Program Director

Mark Weustink

Head of Sustainable Investments and Managing Director

Past deals in Utilities

Voltera

Debt Financing in 2024
Voltera’s customers are companies that have a pressing need to power EVs at scale. They are challenged by the fact that charging infrastructure does not exist in the right place, at the right time, or of the right type necessary to support planned EV deployments. They're also challenged by the complexity of siting, building, owning, and operating EV charging infrastructure without disrupting operations or investing significant time and upfront capital.

Navigator Gas

Post in 2024
Navigator Gas operates the world's largest fleet of handysize liquefied gas carriers, specializing in the transportation and distribution of liquefied petroleum gas (LPG), petrochemical gases, and ammonia. The company provides international seaborne transportation and regional distribution services to energy companies, industrial users, and commodity traders. By transporting gases in liquefied form under controlled temperatures and pressures, Navigator Gas significantly reduces their volume, enhancing transportation efficiency. The versatility of its modern fleet, which includes ethylene, semi-refrigerated, and fully-refrigerated vessels, enables the company to offer a comprehensive and competitive range of ocean transportation and coastal distribution solutions. Navigator Gas's operational excellence and the broad capabilities of its fleet position it as a preferred partner for companies in need of handysize liquefied gas transportation solutions. Additionally, the company has a stake in an ethylene export marine terminal in Texas, further supporting its service offerings in the liquefied gas sector.

Powerdot

Debt Financing in 2024
A sustainable world depends on the shift to electric mobility. At Powerdot, we work to improve the experience of all electric vehicle users by creating charging solutions that are embedded in our lives. Supermarkets, shopping malls, restaurants, hospitals... We believe that there should be a charger everywhere we park our cars! Powerdot invests installs and operates EV chargers in car parking lots, providing a turn-key solution at no cost for the owners.

Akaysha Energy

Debt Financing in 2024
Akaysha Energy specializes in the full-cycle development of battery energy storage systems (BESS) and renewable energy projects throughout Australia. The company engages in a diverse array of initiatives, including grid-connected utility-scale battery storage, hybrid plants that integrate large-scale solar photovoltaic and wind energy, and commercial and industrial battery storage solutions. Additionally, Akaysha Energy is involved in the development of virtual power plants, electric vehicle fleets, commercial transport solutions, and green hydrogen production. By assisting clients and partners at various stages of energy technology project development, delivery, and execution, Akaysha Energy aims to contribute to a more sustainable energy landscape.

Akaysha Energy

Debt Financing in 2024
Akaysha Energy specializes in the full-cycle development of battery energy storage systems (BESS) and renewable energy projects throughout Australia. The company engages in a diverse array of initiatives, including grid-connected utility-scale battery storage, hybrid plants that integrate large-scale solar photovoltaic and wind energy, and commercial and industrial battery storage solutions. Additionally, Akaysha Energy is involved in the development of virtual power plants, electric vehicle fleets, commercial transport solutions, and green hydrogen production. By assisting clients and partners at various stages of energy technology project development, delivery, and execution, Akaysha Energy aims to contribute to a more sustainable energy landscape.

Petrovietnam Power Services

Post in 2024
Petrovietnam Power Services is a Vietnam-based company that specializes in providing a comprehensive range of products and services for power generation and industrial applications. The company focuses on the oil and gas sector, offering expertise in the management, operation, and maintenance of gas power plants. Its business activities encompass the installation of electrical systems and industrial machinery, as well as technical consultancy, inspection, and analysis. Additionally, Petrovietnam Power Services is dedicated to enhancing the quality of its workforce by developing a skilled team of engineers for professional maintenance and repair tasks.

Vena Energy

Debt Financing in 2024
Vena Energy is a prominent independent power producer based in Singapore, specializing in the development, construction, operation, and management of renewable energy plants. Founded in 2012, the company focuses on sustainable and affordable energy solutions across the Asia-Pacific region. By owning and commercializing a diverse portfolio of renewable energy resources, Vena Energy aims to enhance the quality and cost efficiency of renewable energy systems for its customers. Its commitment to renewable energy positions it as a key player in the transition towards sustainable energy sources.

Enpal

Debt Financing in 2023
Enpal GmbH is a Berlin-based company founded in 2017 that specializes in providing comprehensive renewable energy solutions, primarily through the installation and operation of solar panels for residential electricity generation. The company offers a range of products, including solar panels, batteries, wallboxes, heat pumps, and energy management systems, catering to customers in Germany and Italy. Enpal initially adopted a sales-based model but successfully transitioned to a lease model that requires no upfront payment and includes installation, insurance, and maintenance services. This approach has resulted in significant growth, with over 60,000 solar PV systems installed and revenues exceeding 400 million euros as of 2022. Enpal employs more than 1,000 team members, including over 200 local installer teams, and has opened several satellite offices to enhance customer service across its markets. The company has received numerous awards for its contributions to sustainability and customer service, positioning itself as a leader in the solar PV installation sector in Germany.

Enpal

Debt Financing in 2022
Enpal GmbH is a Berlin-based company founded in 2017 that specializes in providing comprehensive renewable energy solutions, primarily through the installation and operation of solar panels for residential electricity generation. The company offers a range of products, including solar panels, batteries, wallboxes, heat pumps, and energy management systems, catering to customers in Germany and Italy. Enpal initially adopted a sales-based model but successfully transitioned to a lease model that requires no upfront payment and includes installation, insurance, and maintenance services. This approach has resulted in significant growth, with over 60,000 solar PV systems installed and revenues exceeding 400 million euros as of 2022. Enpal employs more than 1,000 team members, including over 200 local installer teams, and has opened several satellite offices to enhance customer service across its markets. The company has received numerous awards for its contributions to sustainability and customer service, positioning itself as a leader in the solar PV installation sector in Germany.

Adani Power

Post in 2022
Adani Power, a subsidiary of Adani Enterprises, is an Indian electric utility company that generates and transmits energy. It operates power plants across India, utilizing thermal fuel sources like coal, as well as solar and steam generation. The company sells electricity through long-term agreements, with its primary revenue coming from power generation and related activities. Adani Power's operations are predominantly based in India.

Sunseap Group

Debt Financing in 2019
Sunseap is a Singaporean company specializing in solar and clean energy solutions, established in 2011. It offers a comprehensive range of services, including project financing, design, installation, and maintenance, aimed at providing cost-effective clean energy alternatives. Sunseap operates as both a licensed Electricity Wholesaler and Retailer, which allows it to implement two primary business models: solar leasing and clean electricity supply. By leveraging its expertise in developing grid-connected photovoltaic power plants, Sunseap diversifies the energy portfolio for businesses and supports the transition to sustainable energy practices.

Navigator Gas

Navigator Gas operates the world's largest fleet of handysize liquefied gas carriers, specializing in the transportation and distribution of liquefied petroleum gas (LPG), petrochemical gases, and ammonia. The company provides international seaborne transportation and regional distribution services to energy companies, industrial users, and commodity traders. By transporting gases in liquefied form under controlled temperatures and pressures, Navigator Gas significantly reduces their volume, enhancing transportation efficiency. The versatility of its modern fleet, which includes ethylene, semi-refrigerated, and fully-refrigerated vessels, enables the company to offer a comprehensive and competitive range of ocean transportation and coastal distribution solutions. Navigator Gas's operational excellence and the broad capabilities of its fleet position it as a preferred partner for companies in need of handysize liquefied gas transportation solutions. Additionally, the company has a stake in an ethylene export marine terminal in Texas, further supporting its service offerings in the liquefied gas sector.

IONITY

IONITY operates a network of charging stations designed to enhance long-distance travel for electric vehicle users. The company provides essential services by offering a reliable source of electricity to recharge electric cars, neighborhood electric vehicles, and plug-in hybrids. By facilitating access to charging infrastructure, IONITY aims to make the experience of traveling with electric vehicles more enjoyable and convenient for customers.
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