The renewable energy industry in Europe has flourished over the past decade, becoming a cornerstone of the region's energy strategy. This sector includes companies involved in solar, wind, hydropower, and innovative technologies like energy storage and hydrogen solutions. With ambitious climate goals, the industry is pivoting towards cleaner energy practices. Interest in sustainable investments is high, driven by both public policies and private investments, showcasing a collective effort to reduce emissions. As the market adapts, new technologies like offshore wind and solar power are gaining traction, paving the way for a more resilient and carbon-efficient future for Europe.


This list features 19 prominent investors in Europe’s renewable energy market. They include corporate giants like Equinor and Deutsche Bank, venture capital firms such as InnoEnergy and Almi, and prominent entities like the European Investment Bank. Spanning diverse sectors, with transaction counts from 2 to 198 in 2024, these investors range from well-established organizations founded in the early 1900s to newer players initiating their impact over the last decade. Their headquarters stretch from Norway and France to Belgium and Sweden, creating a network aimed at driving the transition to sustainable energy.


Top 19 Renewable Energy Investors in Europe


1. Bpifrance French Tech Accélération


Bpifrance French Tech Accélération is a venture capital investor based in Paris, Île-De-France, France, founded in 2015. As a public entity and financial institution, Bpifrance supports entrepreneurs and businesses in France and internationally through a range of services, including direct funding, export credit insurance, and private equity investments. The institution aims to foster entrepreneurship and innovation, helping businesses navigate growth and international expansion. Notably, Bpifrance has been involved in several significant transactions within the renewable energy sector, including a $108.9 million post-IPO debt for Boralex, funding for Neoen, and a recent $55.8 million debt financing for Q ENERGY France. These investments highlight Bpifrance's active role in supporting renewable energy initiatives and companies, reinforcing its position as a relevant investor in this industry.


2. European Investment Bank (EIB)


The European Investment Bank (EIB) is a public entity based in Luxembourg, established in 1958, that provides a range of financial services including loans, equity investments, guarantees, and advisory services. EIB focuses on supporting sustainable projects across various sectors, with a strong emphasis on promoting growth and job creation. In recent years, EIB has been actively involved in financing renewable energy initiatives. For instance, it provided a €150 million loan to Iberdrola for the development of 400MW of photovoltaic and wind projects in Italy, and has participated in multiple debt transactions with Iberdrola, raising substantial amounts for their renewable energy projects. Additionally, EIB's involvement with Ørsted, a leading renewable energy company, further underscores its commitment to financing the transition to sustainable energy sources.


3. European Innovation Council (EIC)


The European Innovation Council (EIC) is a public entity based in Brussels, Belgium, established to support innovation and entrepreneurship across Europe. Founded in 1958, the EIC offers various funding programs, including the EIC Accelerator and EIC Pathfinder, aimed at helping startups and SMEs develop and scale their technologies. The EIC provides business acceleration services, networking opportunities, and prizes to foster innovation in diverse sectors. Notably, the EIC has been involved in several transactions relevant to the renewable energy sector, such as granting funds to Nova Innovation, which raised $2,833,449 in December 2021, and Plant e, which secured $2,998,100 in June 2021. Additionally, the EIC supported Kitemill with a grant of $2,661,934 in August 2019, further demonstrating its engagement in renewable energy initiatives. These transactions highlight the EIC's role in promoting and financing innovative solutions within the renewable energy landscape.


4. InnoEnergy

  • Website: innoenergy.com
  • Type: Venture Capital
  • Headquarters: Eindhoven, North Brabant, Netherlands
  • Founded year: 2010
  • Headcount: 201-500
  • Number of deals in 2024: 52
  • LinkedIn: innoenergy

EIT InnoEnergy is a not-for-profit organization founded in 2010, based in Eindhoven, North Brabant, Netherlands, that focuses on accelerating sustainable energy innovations. It serves as a marketplace for energy solutions, offering training programs and support for innovators and corporates in the energy sector. InnoEnergy collaborates with various stakeholders to tackle the challenges of energy transition and sustainability. Notably, InnoEnergy has been involved in significant transactions within the renewable energy sector, including investments in Ecoligo, which raised over $11.9 million in 2024 for its solar energy initiatives, and CorPower Ocean, which raised substantial funding for the development of wave energy technology. These investments highlight InnoEnergy's commitment to fostering advancements in renewable energy technologies and solutions.


5. Shell

  • Website: shell.com
  • Type: Corporate
  • Headquarters: London, England, United Kingdom (UK)
  • Founded year: 1907
  • Headcount: 10001+
  • Number of deals in 2024: 20
  • LinkedIn: shell

Shell plc is a multinational oil and gas company based in London, England, that operates in the energy and chemicals sectors. Founded in 1907, Shell provides essential products such as fuels, lubricants, and chemical solutions to businesses and consumers worldwide. In recent years, Shell has been actively investing in renewable energy projects to transition towards a more sustainable energy model. Notable transactions include acquiring a 49% stake in Cleantech Solar, a developer of commercial solar energy systems in Southeast Asia and India, and a 50/50 joint venture with EDF Renewables North America to co-develop the Atlantic Shores Offshore Wind project in New Jersey, which has the potential to generate approximately 2,500MW of offshore wind energy. Additionally, Shell's acquisition of a 49% stake in ESCO Pacific, a utility-scale solar farm developer, further highlights its commitment to renewable energy, providing access to a significant project pipeline in Australia. These investments reflect Shell's strategy to evolve into a global integrated power business, emphasizing their role in the renewable energy sector.


6. Crowdcube

  • Website: crowdcube.com
  • Type: Corporate
  • Headquarters: London, England, United Kingdom (UK)
  • Founded year: 2010
  • Headcount: 51-200
  • Number of deals in 2024: 3
  • LinkedIn: crowdcube-limited

Crowdcube is a crowdfunding platform based in London, England, founded in 2010. It enables businesses, particularly startups and SMEs, to raise capital through equity investments by connecting them with potential investors. The platform emphasizes promoting diversity and inclusion within its workforce while providing investment management services. Notably, Crowdcube has been involved in several transactions within the renewable energy sector, including Thrive Renewables, which raised approximately $6.8 million in December 2023, and Kitepower, which secured around $980,625 in July 2022. Additionally, Crowdcube has facilitated funding for Rebel Energy in multiple rounds, showcasing its commitment to supporting innovative energy solutions. These activities highlight Crowdcube's role in advancing renewable energy initiatives alongside its broader investment portfolio.


7. BloombergNEF

  • Website: about.bnef.com
  • Type: Corporate
  • Headquarters: London, England, United Kingdom (UK)
  • Founded year: 2004
  • Headcount: 51-200
  • LinkedIn: bloombergnef

BloombergNEF is a corporate research firm based in London, England, founded in 2004. They specialize in providing strategic insights and analysis in the energy and commodity markets, particularly focusing on the transition to a low-carbon economy. Their offerings include comprehensive research reports, summits, and a pioneering program that identifies innovative technologies for decarbonization. Notably, BloombergNEF has been involved in several grant transactions that support renewable energy initiatives, including grants to companies such as Sonnen, d.light, Greensmith Energy Management Systems, Bboxx, and Stem. These transactions highlight their role in fostering innovation and development within the renewable energy sector, despite not being a direct investor.


8. TotalEnergies


TotalEnergies is a corporate investor based in France, founded in 1924, with a workforce of over 10,000 employees. The company is dedicated to producing and marketing a diverse range of energy solutions, including oil, gas, and renewable energy. TotalEnergies is committed to addressing the need for sustainable and reliable energy sources, with a goal of achieving carbon neutrality by 2050. In recent years, TotalEnergies has made significant investments in the renewable energy sector, including a $2.5 billion acquisition of a 20% minority stake in Adani Green Energy, which encompasses a substantial portfolio of solar assets. Additionally, through its subsidiary Quadran, TotalEnergies acquired Vents d'Oc Energies Renouvelables to enhance its renewable energy capacity by approximately 200 MW. The company is also involved in the joint control of AES Dominicana Renewable Energy, focusing on the development and operation of renewable energy assets, including onshore wind and solar. These transactions highlight TotalEnergies' active role in the renewable energy market.


9. Almi

  • Website: almi.se
  • Type: Venture Capital
  • Headquarters: Stockholm, Stockholm, Sweden
  • Founded year: 1994
  • Headcount: 201-500
  • Number of deals in 2024: 7
  • LinkedIn: almi-ab

Almi AB is a financial services company based in Stockholm, Sweden, founded in 1994. It specializes in providing loans, risk capital, and business development support to small and medium-sized enterprises (SMEs) in Sweden. Almi aims to enhance the growth and competitiveness of these businesses through tailored financial solutions and guidance. Notably, Almi Invest Greentech, a branch of Almi, has been involved in several significant transactions within the renewable energy sector. For instance, they participated in a funding round for CorPower Ocean, which is focused on developing wave energy technology, and have also invested in Waves4Power and Epishine, both of which are engaged in renewable energy solutions. These investments highlight Almi's active role in supporting innovative companies that contribute to the renewable energy landscape.


10. Equinor

  • Website: equinor.com
  • Type: Corporate
  • Headquarters: Stavanger, Rogaland, Norway
  • Founded year: 1972
  • Headcount: 10001+
  • Number of deals in 2024: 6
  • LinkedIn: equinor

Equinor ASA, founded in 1972 and based in Stavanger, Norway, is a public entity operating primarily in the energy sector. While historically focused on oil and gas, Equinor has made significant strides towards renewable energy, aiming to become a net-zero emissions entity by 2050. In recent years, Equinor has actively invested in the renewable energy sector, acquiring a 10% stake in Ørsted, a leading renewable energy company, for $2.3 billion. They also acquired a minority stake of over 10% in Scatec Solar ASA, enhancing their presence in solar energy. Furthermore, Equinor's acquisition of the Danish solar power developer BeGreen, which has developed over 700 MW of solar capacity, reflects their commitment to expanding their solar capabilities. Additionally, through Statoil Energy Ventures, Equinor has participated in financing rounds for renewable-focused companies like United Wind and Convergent Energy and Power, showcasing their dedication to supporting innovative energy solutions.


11. EEP Africa

  • Website: eepafrica.org
  • Type: Corporate
  • Headquarters: Helsinki, Uusimaa, Finland
  • Founded year: 2010
  • Headcount: 11-50
  • LinkedIn: eepafrica

EEP Africa is a not-for-profit organization based in Helsinki, Finland, founded in 2010. It is dedicated to clean energy financing, focusing on providing early-stage grants and support for innovative clean energy projects in Southern and Eastern Africa. The organization collaborates with various funding partners to facilitate sustainable development and enhance energy access in the region. EEP Africa has been involved in several notable transactions in the renewable energy sector, including investments in companies such as Millennium Engineers, African Clean Energy, Solar Sister, Sun King, and Mandulis Energy. These companies are all engaged in renewable energy initiatives, further emphasizing EEP Africa's commitment to supporting the clean energy industry.


12. EQT Group

  • Website: eqtgroup.com
  • Type: Private Equity
  • Headquarters: Stockholm, Stockholm, Sweden
  • Founded year: 1994
  • Headcount: 1001-5000
  • Number of deals in 2024: 30
  • LinkedIn: eqt-partners

EQT Group is a private equity investment firm based in Stockholm, Sweden, founded in 1994. The firm specializes in managing diverse investment portfolios across various sectors, including private equity, infrastructure, real estate, growth equity, and venture capital. In recent years, EQT has made notable investments in the renewable energy sector, including the acquisition of OX2, a prominent player in renewable energy projects, on October 8, 2024. They also acquired Solarpack, a company focused on solar energy solutions, on June 16, 2021. Furthermore, EQT's acquisition of Clearvise AG, announced on October 31, 2023, highlights their strategy to expand their footprint in the renewable energy market. These transactions demonstrate EQT's commitment to investing in sustainable energy solutions while maintaining a diverse investment portfolio.


13. Katapult

  • Website: katapult.vc
  • Type: Venture Capital
  • Headquarters: Oslo, Oslo, Norway
  • Founded year: 2017
  • Headcount: 11-50
  • Number of deals in 2024: 8
  • LinkedIn: katapult-accelerator

Katapult is an impact investment firm based in Oslo, Norway, founded in 2017. They specialize in supporting tech startups that tackle global challenges, particularly in climate-tech and ocean-tech sectors. Katapult provides investment, accelerator programs, and mentorship to early-stage companies. Notably, they have been involved in significant transactions within the renewable energy space, including a €15 million funding round for SolarDuck, which focuses on offshore floating solar power technology, and a £2.2 million equity investment in Mocean Energy, a company pioneering wave energy technologies. These transactions highlight Katapult's active role in fostering innovation and growth in the renewable energy industry.


14. Engie

  • Website: engie.com
  • Type: Corporate
  • Headquarters: Paris, Île-De-France, France
  • Founded year: 1834
  • Headcount: 10001+
  • Number of deals in 2024: 3
  • LinkedIn: engie

ENGIE is a corporate investor based in Paris, Île-De-France, France, with a workforce of over 10,000 employees. Founded in 1834, ENGIE has evolved into a leading energy company that specializes in renewable energy and energy solutions. The company focuses on reducing energy costs and emissions through innovative solutions in renewable energy generation, hydrogen production, and energy performance. ENGIE operates globally, emphasizing sustainability and decarbonization. Notably, Engie has made significant investments in the renewable energy sector, including the acquisition of BTE Renewables, which added 340 MW of renewable assets in South Africa, and the acquisition of Vol-V Biomasse, enhancing its position as France's leading biomethane producer with a commitment of €800 million over five years. Additionally, Engie has invested in Husk Power Systems to support renewable mini-grid projects in Africa and Asia, and has participated in funding rounds for Bboxx, an off-grid solar firm, to expand its operations in Africa. These transactions underscore Engie's active involvement in the renewable energy industry and its commitment to sustainable energy solutions.


15. EDFI ElectriFI - The Electrification Financing Initiative


EDFI ElectriFI - The Electrification Financing Initiative is a not-for-profit impact investment facility based in Belgium, founded in 2016. It focuses on financing renewable energy projects in developing countries, providing both equity and debt financing along with technical assistance to enhance access to clean energy. The organization targets renewable energy companies and projects, particularly in rural and underserved areas, to promote sustainable energy solutions. Notable transactions include a $6 million debt financing for Husk Power Systems to build solar hybrid microgrids in India, benefiting 60,000 people, and participation in a $9 million investment round for Arnergy, a Nigerian startup aimed at powering SMEs with solar energy. These transactions highlight ElectriFI's commitment to supporting renewable energy initiatives.


16. Groupe Crédit Agricole

  • Website: credit-agricole.com
  • Type: Private Equity
  • Headquarters: Montrouge, Île-De-France, France
  • Founded year: 1894
  • Headcount: 10001+
  • Number of deals in 2024: 18
  • LinkedIn: credit-agricole

Groupe Crédit Agricole is a cooperative banking group based in Montrouge, Île-De-France, France, founded in 1894. It provides a wide range of financial services, including banking, insurance, and investment management, with a focus on mutuality and social responsibility. In recent years, Crédit Agricole has demonstrated its commitment to the renewable energy sector through several significant transactions. Notably, it participated in debt financing for Siemens Gamesa Renewable Energy, raising over $1.3 billion in July 2024, and has also been involved in financing for Enlight Renewable Energy, with two substantial debt transactions totaling over $1 billion in March and April 2025. These investments highlight Crédit Agricole's role as a key player in supporting the growth of renewable energy initiatives.


17. Deutsche Bank

  • Website: db.com
  • Type: Corporate
  • Headquarters: Frankfurt, Hesse, Germany
  • Founded year: 1870
  • Headcount: 10001+
  • Number of deals in 2024: 32
  • LinkedIn: deutsche-bank

Deutsche Bank AG, founded in 1870 and headquartered in Frankfurt, Hesse, Germany, is a leading investment bank and financial services provider. The bank offers a wide range of solutions, including investment banking, corporate banking, cash management, trade finance, and securities services, primarily serving corporate and institutional clients. In recent years, Deutsche Bank has demonstrated a strong commitment to the renewable energy sector through various significant transactions. Notably, the bank facilitated a $935 million post-IPO debt for Iberdrola, a major player in renewable energy, on July 10, 2023. Additionally, Deutsche Bank was involved in a $940 million debt financing for Greenko Group on March 22, 2021, and participated in multiple debt financing rounds for Origis Energy, totaling $1.125 billion between 2022 and 2023. Furthermore, Deutsche Bank led a €335 million loan for Ignis Energía to develop solar projects in Spain, showcasing its active role in financing renewable energy projects. These transactions highlight Deutsche Bank's strategic focus on supporting the growth of the renewable energy industry.


18. L'Union Européenne (UE)

  • Website: europa.eu
  • Type: Corporate
  • Headquarters: London, England, United Kingdom (UK)
  • Founded year: 1993
  • Headcount: 10001+
  • Number of deals in 2024: 34
  • LinkedIn: union-europ%c3%a9enne

L'Union Européenne (UE) is a public entity that serves as a political and economic union of member states, founded in 1993. It provides governance, legislation, and support for regional development, education, and research initiatives. The EU operates to enhance cooperation among member states and improve the quality of life for its citizens. In the context of renewable energy, the EU has been involved in several significant transactions, including grants to companies like REC Group, Tesla, Eco Wave Power, AW-Energy, and SOLshare. For instance, Eco Wave Power received a co-funded grant from the EU to build a 5MW wave energy power plant in Gibraltar, which will significantly contribute to the region's electricity needs. Similarly, AW-Energy secured funding from the EU to advance its wave energy technology, demonstrating the EU's commitment to supporting innovative renewable energy solutions across Europe and beyond.


19. Scottish Enterprise


Scottish Enterprise is a public entity established in 1991, dedicated to fostering economic development in Scotland. It offers a variety of services, including funding, business development advice, and support for innovation and exports. While its primary clientele consists of businesses looking to enhance their operations, Scottish Enterprise has also made notable investments in the renewable energy sector. For instance, it provided a £2.5 million loan to SIMEC ATLANTIS ENERGY LIMITED to facilitate the redeployment of turbines at the MeyGen site, a key renewable energy project. Furthermore, it has invested in Mocean Energy, a wave energy pioneer, contributing to both equity funding and grants to support the commercialization of wave energy technologies. These activities highlight Scottish Enterprise's role in promoting renewable energy alongside its broader economic development objectives.



Renewable Energy Insights: Key Investors in Europe


InvestorHeadquarterSizeFoundedDeals 2024
Bpifrance French Tech AccélérationParis, Île-De-France, France1-102015198
European Investment Bank (EIB)Luxembourg1001-5000195899
European Innovation Council (EIC)Brussels, Brussels, Belgium201-500195857
InnoEnergyEindhoven, North Brabant, Netherlands201-500201052
ShellLondon, England, United Kingdom (UK)10001+190720
CrowdcubeLondon, England, United Kingdom (UK)51-20020103
BloombergNEFLondon, England, United Kingdom (UK)51-20020040
TotalEnergiesFrance10001+192411
AlmiStockholm, Stockholm, Sweden201-50019947
EquinorStavanger, Rogaland, Norway10001+19726
EEP AfricaHelsinki, Uusimaa, Finland11-5020100
EQT GroupStockholm, Stockholm, Sweden1001-5000199430
KatapultOslo, Oslo, Norway11-5020178
EngieParis, Île-De-France, France10001+18343
EDFI ElectriFI - The Electrification Financing InitiativeBelgium11-5020162
Groupe Crédit AgricoleMontrouge, Île-De-France, France10001+189418
Deutsche BankFrankfurt, Hesse, Germany10001+187032
L'Union Européenne (UE)London, England, United Kingdom (UK)10001+199334
Scottish EnterpriseGlasgow, Scotland, United Kingdom (UK)1001-5000199155


Want to find more investors focusing on the renewable energy industry?

If you want to find more investors that are active in the renewable energyindustry, you can do that with Inven. We built this list and analysis throughInven's Investor Search, and there are a lot more private equity, venturecapital, and corporate investors like these globally.

With Inven, you'll also get to know:

  • Deal History: Number of deals and their sizes.
  • Portfolio: Companies they've invested in.
  • Contact data: Key dealmakers, including their emails and phonenumbers.
  • ...and much more!