Kyotherm

Overview

Kyotherm is a European investment firm specializing in financing renewable thermal energy and energy efficiency projects. Founded in 2011 and headquartered in Paris, France, the company has financed, owns, manages, or has committed to fund a total of 55 projects, representing an aggregate capacity of 250 MW. These projects span across 12 countries, including the United States, and involve technologies such as solar thermal, biomass, geothermal, storage, and waste heat energy, as well as district heating networks and installations aimed at reducing energy consumption. The firm's investment strategy focuses on co-developing and financing small and medium-sized projects for industrial and tertiary customers. Kyotherm structures and finances heating and cooling network projects across Europe, identifying and co-developing solutions best suited to the specific needs of its customers and partners, including OEMs, installers, energy service companies, and developers. The company offers financing solutions across a wide range of decarbonization technologies, including geothermal, biomass, solar thermal, waste heat recovery, heat pumps, and energy flexibility. By financing its technical partners' solutions on behalf of end customers, Kyotherm assumes the initial investment and associated risks, enabling customers to focus on their core business while meeting their CO₂ emission reduction targets. Kyotherm's track record includes partnerships with leading industrial groups and key players in the retail sector, contributing to significant energy savings and CO₂ emission reductions. In November 2024, the company secured €17 million in long-term senior debt financing for a portfolio of 25 energy efficiency projects across Europe and the United States. This funding is expected to save 57 GWh of electricity and 10 GWh of gas annually, while avoiding the emission of 9,500 tons of CO₂ per year. The company's commitment to decarbonization is further demonstrated by its partnership with InfraVia Capital Partners, which became its reference shareholder in November 2024, investing over €300 million to support Kyotherm in financing decarbonization projects across the industrial and tertiary sectors in Europe and North America. Kyotherm's approach to financing is based on an Energy-as-a-Service (EaaS) model, providing industrial and commercial end-users with a zero CAPEX turnkey solution to decarbonize their activities. This model allows customers to implement decarbonization projects without the associated operational and financial risks, while helping partners deploy their solutions more quickly and easily to end customers. The company's international presence and diverse portfolio underscore its capacity to provide solutions to the increasing demand for investment in decarbonization and energy efficiency, contributing to the global effort to address environmental challenges and accelerate the transition to a sustainable energy future.

Investment Focus

• Focus on renewable thermal energy and energy efficiency projects
• Projects located in Europe and North America
• Technologies including solar thermal, biomass, geothermal, storage, waste heat energy, district heating networks, and energy efficiency installations
• Projects with a capacity ranging from small to medium-sized
• Collaborations with energy service companies, technology providers, and developers
• Long-term engagements with financing periods between 7 and 25 years
• Projects that contribute to decarbonization and energy savings