Today, Regenergy Frovi and Selected Group announced a \u20ac89 million euro debt investment from Goldman Sachs Alternatives.<\/p>\n
Regenergy Fr\u00f6vi, a subsidiary of the Selected Waste-To-Life fund, specializes in leveraging industrial waste streams to advance sustainable food production. The company has already developed and operates a groundbreaking 100,000 m\u00b2 greenhouse in Fr\u00f6vi, Sweden. This facility utilizes waste heat from a nearby paper mill to grow tomatoes year-round, providing locally produced, sustainable alternatives for the Swedish market.<\/p>\n
The new investment from Goldman Sachs Alternatives secures long-term financing for Regenergy Fr\u00f6vi and will fund the construction of a second greenhouse of similar size.<\/p>\n
\u201cWe see tremendous potential in the innovative use of waste heat for sustainable, local food production. Regenergy Fr\u00f6vi represents a transformative step forward in rethinking food production in the Nordics. We are pleased to welcome Goldman Sachs as an investor advancing the Selected Waste-To-Life mission,\u201d said Frederik Gundorph Olesen, CEO of Selected Group.<\/p>\n
\u201cWe are pleased to invest in Regenergy Fr\u00f6vi, which has proven its ability to develop and operate sustainable agriculture at scale. We believe there are significant opportunities in sustainability across the capital structure, as companies like Regenergy Fr\u00f6vi innovate to meet climate-related challenges,\u201d said Ken Pontarelli, head of sustainable investing at Goldman Sachs Alternatives.<\/p>\n
Goldman Sachs (NYSE: GS) is one of the leading investors in alternatives globally, with over $500 billion in assets and more than 30 years of experience. The business invests in the full spectrum of alternatives including private equity, growth equity, private credit, real estate, infrastructure, hedge funds and sustainability. Clients access these solutions through direct strategies, customized partnerships, and open-architecture programs.<\/p>\n
The business is driven by a focus on partnership and shared success with its clients, seeking to deliver long-term investment performance drawing on its global network and deep expertise across industries and markets.<\/p>\n
Founded in Denmark in 2016, Selected Group operates with a global outlook, engaging actively across multiple European markets. The Group specializes in managing alternative investments, with a particular emphasis on real asset classes. A core area of expertise is Green Infrastructure, demonstrated by the RegEnergy Fr\u00f6vi project.<\/p>\n
Selected Group combines strong investment capabilities with efficient processes, ensuring effective screening and management of alternative investments. This approach delivers compelling business cases, benefiting both credit partners and investors.<\/p>\n","protected":false},"template":"","class_list":["post-4380","news","type-news","status-publish","hentry"],"acf":[],"yoast_head":"\n