{"id":111559,"date":"2026-01-16T00:00:00","date_gmt":"2026-01-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?p=111559"},"modified":"2026-01-16T03:18:33","modified_gmt":"2026-01-16T03:18:33","slug":"alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/","title":{"rendered":"Alterra plans to launch USD 1.2 bn climate fund in ADGM"},"content":{"rendered":"

Alterra <\/strong>launches climate co-investment vehicle: <\/strong>UAE-backed climate fund Alterra plans to launch a climate co-investment vehicle, the USD 1.2 bn Alterra Opportunity Fund, in partnership with Spain\u2019s financial services group BBVA, according to a press release<\/a>. BBVA has committed USD 250 mn to the fund, which is set to be based in ADGM, and will consolidate existing co-investments under its USD 25 bn Alterra Acceleration Fund under an Alterra-managed structure, pending regulatory approvals.<\/p>\n

Where will the money go?<\/strong> The new fund will adopt a varied investment strategy across private credit and private equity, with the sectors in focus including climate-linked infrastructure, energy transition, climate tech, and industrial decarbonization. Location-wise, it will focus on North America, Latin America, Europe, and also consider other high-growth markets.<\/p>\n

Background<\/p>\n

Alterra deployed sizable capital into various global funds in 2025<\/strong>, including USD 2 bn<\/a> into Canada\u2019s Brookfield Asset Management\u2019s USD 20 bn energy transition fund, EUR 50 mn<\/a> to Italian renewables platform Absolute Energy, and USD 100 mn<\/a> in Indian renewable energy firm Evren.<\/p>\n

Besides the Acceleration Fund, Alterra also manages a USD 5 bn Transformation Fund aiming to incentivize investment flows in high-growth climate prospects in underserved markets by providing catalytic capital.<\/p>\n

Why this matters<\/p>\n

This past year has seen Alterra make massive inroads<\/strong> after initially struggling to deploy capital<\/a> amid a shortage of viable clean energy projects. It\u2019s still far off \u2014 but is inching closer to its target to mobilize USD 250 bn in green investments by 2030.<\/p>\n

Its newfound role as fund manager also marks a pivot from a funding and liquidity source to a peer competitor<\/strong>, chasing climate-aligned assets in Europe and the Americas. This shift signals that the UAE is not only funding the energy transition, but competing to manage the capital.<\/p>\n","protected":false},"excerpt":{"rendered":"

The fund will invest across the energy transition, industrial decarbonization, climate technology, and sustainable living<\/p>\n","protected":false},"author":1,"featured_media":111560,"comment_status":"closed","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":[2414],"tags":[489,522,7,25,2413],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-111559","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-big-story-today","tag-adgm","tag-alterra","tag-enterpriseam-uae","tag-investment-watch","tag-the-big-story-today","wpautop","entry"],"acf":{"mongo_id":"fa8c2005-1e69-4572-93dd-2233cc3e33f5","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/4\/1336.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Alterra to debut as fund manager with USD 1.2 bn climate fund in ADGM","related_issue":[111554],"teaser":"The fund will invest across the energy transition, industrial decarbonization, climate technology, and sustainable living","photo_link":"","related_sponsor":"","voice_url":"","en_translation_ref_id":"","section_story_id":""},"yoast_head":"\nAlterra plans to launch USD 1.2 bn climate fund in ADGM - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alterra plans to launch USD 1.2 bn climate fund in ADGM\" \/>\n<meta property=\"og:description\" content=\"The fund will invest across the energy transition, industrial decarbonization, climate technology, and sustainable living\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-16T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-16T03:18:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?fit=%2C&ssl=1\" \/><meta property=\"og:image\" content=\"https:\/\/ent.news\/2025\/4\/1336.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1\" \/>\n\t<meta property=\"og:image:height\" content=\"1\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Alterra plans to launch USD 1.2 bn climate fund in ADGM\",\"datePublished\":\"2026-01-16T00:00:00+00:00\",\"dateModified\":\"2026-01-16T03:18:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/\"},\"wordCount\":295,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ADGM\",\"Alterra\",\"EnterpriseAM UAE\",\"INVESTMENT WATCH\",\"THE BIG STORY TODAY\"],\"articleSection\":[\"THE BIG STORY TODAY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/\",\"name\":\"Alterra plans to launch USD 1.2 bn climate fund in ADGM - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2026-01-16T00:00:00+00:00\",\"dateModified\":\"2026-01-16T03:18:33+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Alterra plans to launch USD 1.2 bn climate fund in ADGM\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Alterra plans to launch USD 1.2 bn climate fund in ADGM - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/","og_locale":"en_US","og_type":"article","og_title":"Alterra plans to launch USD 1.2 bn climate fund in ADGM","og_description":"The fund will invest across the energy transition, industrial decarbonization, climate technology, and sustainable living","og_url":"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/","og_site_name":"UAE","article_published_time":"2026-01-16T00:00:00+00:00","article_modified_time":"2026-01-16T03:18:33+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?fit=%2C&ssl=1","type":"","width":"","height":""},{"url":"https:\/\/ent.news\/2025\/4\/1336.jpg","width":1,"height":1,"type":"image\/jpeg"}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Alterra plans to launch USD 1.2 bn climate fund in ADGM","datePublished":"2026-01-16T00:00:00+00:00","dateModified":"2026-01-16T03:18:33+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/"},"wordCount":295,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?fit=%2C&ssl=1","keywords":["ADGM","Alterra","EnterpriseAM UAE","INVESTMENT WATCH","THE BIG STORY TODAY"],"articleSection":["THE BIG STORY TODAY"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/","url":"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/","name":"Alterra plans to launch USD 1.2 bn climate fund in ADGM - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?fit=%2C&ssl=1","datePublished":"2026-01-16T00:00:00+00:00","dateModified":"2026-01-16T03:18:33+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/16\/alterra-plans-to-launch-usd-1-2-bn-climate-fund-in-adgm\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"Alterra plans to launch USD 1.2 bn climate fund in ADGM"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1336.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/111559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=111559"}],"version-history":[{"count":2,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/111559\/revisions"}],"predecessor-version":[{"id":111611,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/111559\/revisions\/111611"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/111554"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/111560"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=111559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=111559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=111559"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=111559"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=111559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}