Law firm Addleshaw Goddard has advised White Summit on the launch and first closing of its White Summit Decarbonisation Infrastructure Fund II (WSIF-II). The new investment vehicle, which has a final target of €500 million, counts among its investors several institutional clients, including the European Investment Fund, international institutional investors, and various family offices.

The Addleshaw Goddard team leading the project was coordinated by Isabel Rodríguez, partner and head of the Investment Funds team in Spain. She was supported by, among others, Counsel María de Orueta and Associate Gonzalo Lozano.

The strategy of this new fund is focused on investing in European companies within the energy transition and efficiency.

Isabel Rodríguez explains:

"investing in the energy transition is crucial for Europe's energy independence and for achieving its climate goals. Specialized funds in this area, such as the White Summit Decarbonisation Infrastructure Fund II, play a key role by addressing resources into platforms and assets that will decrease our reliance on fossil fuels and enhance energy efficiency."

Specifically, the new vehicle aims to invest in companies with strong management teams across three key sectors where White Summit Capital has a proven track record: integration of renewable energies, sustainable transport, and industrial decarbonisation.