White Summit Capital, the decarbonisation and energy security infrastructure specialist, has completed the first close of White Summit Capital Decarbonisation Infrastructure Fund II (WDIF-II), surpassing 50% of its target size of €500 million.
White Summit Capital has secured total commitments of over €350 million from more than 10 blue-chip institutional clients, including the European Investment Fund, global asset managers, insurance companies, other institutional investors and family offices. A second close of WDIF-II is expected during the second quarter of 2025.
WDIF-II aims to address the deep funding gap in the energy transition and energy security sector by supporting middle-market infrastructure companies across Europe to scale up their asset base.
The fund will invest in 8 to 10 companies with strong management teams within three key verticals where White Summit Capital has a proven track record: Renewables Integration, Sustainable Transportation and the Decarbonisation of Industries.
These investments will draw on the White Summit Capital team’s unique expertise within energy infrastructure investing, greenfield development, industrial partnerships and energy management.
Europe’s need to improve its energy self-reliance and security, while ensuring economically competitive access to a more sustainable energy, creates strong tailwinds for new investments in WDIF-II’s focus areas.
Gonzalo López Medina, Managing Partner, said: “The convergence of energy transition and energy security within our target markets make WDIF-II the perfect partner for industrial companies, management teams and platforms seeking to gain scale. We are very excited to see a tremendous off-market deal flow opportunity in the mid-market space, which caters very well to institutional co-investment structures where White Summit Capital has a decade-long expertise.”
White Summit Capital completes first close for its Decarbonisation Infrastructure Fund
