In brief: Tikehau’s climate fund invests in engineering company

Tikehau Capital is poised to invest in French construction and engineering company Egis via its second energy transition fund, T2 ETF.

Egis develops “intelligent infrastructure and buildings capable of responding to the climate emergency”, according a statement announcing the investment. Its operations also include design and constructions in sectors such as transport, energy generation, industry and mining, mobilities and nuclear, according to its website.

Paris-headquartered Tikehau will acquire a 42 percent stake in Egis. T2 ETF closed earlier this year at €1.09 billion and is investing in clean energy generation, low-carbon mobility, and energy efficiency companies.