Vidia Equity closes Vidia Climate Fund I at €415 million
Berlin — Vidia Equity has raised a Vidia Climate Fund I of €415 million. The Vidia Climate Fund I aims for financial profitability and sustainable climate impact by investing in SME solutions in three key climate action areas: industrial materials, electrification and circular economy. Vidia focuses on reducing emissions in five of the most emission-intensive sectors: energy, industry, transportation, buildings, food and agriculture.
Vidia was founded to identify and scale industrial climate solutions with an operational approach to address the urgent need for decarbonization in the DACH region and beyond. The partners of the company founded by Johanna Struthmann (photo © Vidia) and Dr. Stephan Rosarius have an extensive track record and more than ten years of experience with industrial investments in the DACH region and the Nordic countries.
The fund is classified as a fund under Article 9 of the Sustainable Finance Disclosure Regulation (SFDR). Vidia has developed a customized climate impact framework and scorecard for its screening and investment process.
The Vidia Impact Method is based on a multi-layered approach to assess the stand-alone impact and long-term relevance of a climate protection solution as well as the additional impact for investors. In addition, the fund has been structured in such a way that it is possible to influence the portfolio companies in order to ensure the implementation of the Vidia Impact method.
Fund I has already made two investments: BPM — a leading German specialist in mechanical recycling — and the Wierig Group — a leading provider of large-scale industrial flat roof refurbishment and solar installations.
Consultant VIDIA: YPOG
Dr. Fabian Euhus (Lead, Funds), Partner, Berlin Antonia von Treuenfeld (Funds), Associate, Berlin Dr. Helder Schnittker (Tax), Partner, Berlin
Dr. Dajo Sanning (Tax), Senior Associate, Hamburg
About Vidia Equity
Founded by Johanna Struthmann and Dr. Stephan Rosarius, Vidia was built with the goal of identifying and scaling industrial climate solutions with an operational approach to address decarbonization needs in the DACH region and beyond. The company aims for high financial profitability and a sustainable impact on the climate by investing in medium-sized solutions within three core themes in the most emission-intensive sectors. The now 18-strong team has more than 50 years of experience in industrial investments, combining investment, impact and operational excellence in the DACH region. Vidia’s headquarters are located in Munich. Further information can be found at www.vidiaequity.com.
About YPOG
YPOG is a specialist tax and commercial law firm operating in the core areas of Funds, Tax, Banking & Finance and Transactions. The YPOG team advises a wide variety of clients. These include emerging technology companies and family-run medium-sized enterprises as well as corporations and private equity/venture capital funds. YPOG is one of the leading addresses for venture capital, private equity and fund structuring in Germany. Today, YPOG employs more than125 experienced lawyers, tax consultants, tax specialists and a notary in three offices in Berlin, Hamburg and Cologne. http://www.ypog.law