Circularity & Climate Direct Lending

WHAT WE DO

We help to close the funding gap for circular innovators

Our investments contribute to reducing dependency on fossil resources, minimising waste, and promoting sustainable production practices across various industries.

By supporting innovative circular companies, we aim to enable them to prove their technology and business model on a commercial scale, paving the way for further investment, larger-scale application and broader market adoption.

We aspire to play a crucial role in accelerating the transition to a circular economy by providing essential capital to companies that are developing innovative solutions to environmental challenges.

OUR APPROACH

We provide investors with a distinctive return, risk, and impact profile, underpinned by our three fundamental pillars.

 Meaningful return

Meaningful return

We target scale-up companies, corporates and projects with both a clear impact focus and a need for debt financing, giving us a unique market position to generate competitive returns.

 Managed risk

Managed risk

Through the application of our market expertise, comprehensive risk assessments and robust due diligence processes, we seek to ensure that each financing opportunity we pursue has a carefully managed risk profile.

 Measurable impact

Measurable impact

We focus on investments that have the potential to generate positive and measurable impact, including reduced CO₂ emissions, reduced waste streams, and the substitution of abiotic resources.

INVESTMENT THEMES

We finance business models that accelerate the transition towards a circular economy.
To do so, we focus on two themes

Circularity

We specialise in financing first-of-a-kind and next-of-a-kind circular projects, ranging from circular material flows and waste valorisation to sustainable food and agri solutions, bio-based feedstocks and initiatives that reduce environmental footprints.

We can also finance companies that do not engage in circular production but operate with inherently circular business models.

CLIMATE

We finance the scale-up of innovative energy transition technologies that are key to achieving a circular economy. Our focus includes cutting-edge energy storage solutions and next-generation renewable energy carriers.

LENDING CRITERIA

We finance companies contributing to the circular economy, helping climate and resource-focused innovations to scale.

 Already at Technology Readiness Level (TRL 6) or higher

Already at Technology Readiness Level (TRL 6) or higher

 Located in North West Europe

Located in North West Europe

 Reduces CO₂ emissions, reduces waste streams, and/or substitutes abiotic resources

Reduces CO₂ emissions, reduces waste streams, and/or substitutes abiotic resources

 Requires at least  €5m debt, to be repaid from future cashflows

Requires at least €5m debt, to be repaid from future cashflows

FINANCING SOLUTIONS

 Growth Capital

Growth Capital

Capital solutions for companies with ambitious objectives

 Project Finance

Project Finance

Capital solutions for financing specific projects

Financing Products

SENIOR & JUNIOR CAPITAL

SENIOR SECURED LOANS
SUBORDINATED SECURED LOANS
UNITRANCHE SOLUTIONS

Participants

INVESTMENTS

Our investment universe comprises production companies, targeting measurable outcomes across environmental and circular economy themes.

Our Investment Team

Daan van Kassel

Daan van Kassel

Head of Fund – C4IF

Benedetta Garofalo

Benedetta Garofalo

Investment Associate

Anjeli Bhoendie

Anjeli Bhoendie

Investment Associate Director

Jacob Dankert

Jacob Dankert

Investment Director

Joost Loeb

Joost Loeb

Investment Director

Ramón Schram

Ramón Schram

Investment Associate Director

Ward Heij

Ward Heij

Business Development Director – Origination