{"id":105549,"date":"2025-07-15T00:00:00","date_gmt":"2025-07-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/mubadala-backs-german-energy-firm-techem-in-partners-group-led-investment\/"},"modified":"2025-07-15T00:00:00","modified_gmt":"2025-07-15T00:00:00","slug":"mubadala-backs-german-energy-firm-techem-in-partners-group-led-investment","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/07\/15\/mubadala-backs-german-energy-firm-techem-in-partners-group-led-investment\/","title":{"rendered":"Mubadala backs German energy firm Techem in Partners Group-led investment"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Mub<\/strong><strong>adala, along with Singaporean sovereign wealth fund GIC and the <\/strong><strong>climate investing arm of TPG, are investing in German energy services <\/strong><strong>firm Techem as minority partners <\/strong>in a new transaction led by Switzerland-based private markets giant Partners Group, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/7\/869.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The transaction values the company at EUR 6.7 bn and is set to close in 2H 2025, subject to regulatory clearance.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Partners Group will retain control of Techem<\/strong>, shifting ownership from its private equity arm to its infrastructure fund. Meanwhile, Canada\u2019s La Caisse and the Ontario Teachers\u2019 Pension Plan, which invested in Techem alongside Partners Group in 2018, will exit their positions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">A revised approach: <\/strong><span style=\"background-color: transparent;\">GIC and TPG had previously been in talks to buy Techem outright, but the agreement was called off earlier this year after they pulled their antitrust filing with EU regulators in May amid fears it will not receive approval ahead of the transaction deadline, <\/span><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-07-14\/partners-group-clinches-new-techem-deal-after-regulatory-hurdle\" rel=\"noopener\">Bloomberg<\/a><span style=\"background-color: transparent;\"> reports.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>The company currently serves more than 13 mn homes in 18 countries and plans to accelerate its rollout of smart meters, digital services, and energy efficiency tools. The move comes as the real estate sector faces growing pressure to cut carbon emissions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Busy week for Mubadala: <\/strong>The Abu Dhabi sovereign wealth fund has been tied to late-stage discussions, along with other existing shareholders, to invest <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/3b3f363c-0f6c-4d81-bdfe-783ac0e64185\/%253cmark%253emubadala%253c%2Fmark%253e-eyes-further-investment-in-revolut-%2B-gbp-500-mn-in-new-capital-for-cityfibre\" style=\"\" rel=\"noopener\">GBP 500 mn<\/a> into UK broadband provider CityFibre, and is also reportedly eyeing a larger stake in global fintech and neobank Revolut, having participated in a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/8c63cdc4-1dcc-421c-b6f0-447cd055337e\/mubadala-buys-into-revolut,-as-the-fintech-looks-to-expand-operations-in-the-uae\" style=\"\" rel=\"noopener\">USD 500 mn<\/a> share sale last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new agreement values the company at EUR 6.7 bn and is set to close in 2H 2025<\/p>\n","protected":false},"author":1,"featured_media":105550,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1557],"tags":[7,1342,25,1344,1343],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-105549","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-enterpriseam-uae","tag-investment","tag-investment-watch","tag-ma","tag-mubadala","wpautop","entry"],"acf":{"mongo_id":"c395b788-2ddc-4fc0-ab12-a2fe0d721690","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/7\/902.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Mubadala backs German energy firm Techem in Partners Group-led investment","related_issue":[105542],"teaser":"The new agreement values the company at EUR 6.7 bn and is set to close in 2H 2025","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/7\/.3da553ae-79af-4a63-8001-92b091005af0.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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