ABN AMRO Sustainable Impact Fund exits OG Clean Fuels
Netherlands, March 11 -- ABN AMRO Sustainable Impact Fund ("ABN AMRO SIF") has exited OG Clean Fuels ("OG") to Pioneer Point Partners ("Pioneer"). By onboarding Pioneer as a new shareholder, OG can now accelerate its growth plans to further decarbonise the heavy-duty vehicle transport sector. The sale will result in a book gain for ABN AMRO.Bridging the "missing middle"In line with ABN AMRO's climate strategy, ABN AMRO SIF aims to invest growth equity in high-growth sustainable companies in a relatively early phase. This phase is often referred to as the 'missing middle', a critical funding gap before infrastructure capital backs large-scale deployment, presenting both a barrier for decarbonisation as well as an investment opportunity.By on...
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