King & Wood Mallesons ("KWM") has advised ENION Venture Partners on the structuring and close of the ENION I Energy Fund, having reached investment commitments of €31 million.

The team of KWM lawyers that has participated in this project has been led by the partner and director of the funds department Isabel Rodríguez, who has had the collaboration of the associate Enrique Torné.

The fund counts among its investors the ICO, the ICF, the Idae, Sodena, KIC InnoEnergy, Suma Capital and corporations such as Power Electronics, Sorigué and several family offices.

The strategy of this new vehicle is focused on investing in emerging cleantech companies with projects in areas such as sustainable mobility, circular economy, sustainable energy sources, green hydrogen, digitalization of the energy system, energy storage and distributed and flexible energy generation.

ENION Venture Partners is a private equity firm committed to accelerating the energy transition and the decarbonization of the economy by managing funds that invest in technology-based start-ups with a positive impact on the environment.

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