INDEPENDENT · GREEK · ENERGY SPECIALIST
Southgate Energy & Infrastructure Partners I is an independent private equity firm investing in energy infrastructure assets, platforms and enabling businesses in Greece.
01Why now
Greece is undergoing a multi-decade energy transformation driven by the expansion of renewable energy, electrification and the modernisation of critical infrastructure. Its National Energy and Climate Plan envisages approximately €95 billion of energy-transition investment by 2030 and around €330 billion by 2050, when the country aims to achieve climate neutrality.
Across parts of the market, assets, projects and businesses remain fragmented and below the scale typically sought by larger infrastructure investors and major energy companies. Dedicated energy infrastructure private equity capital remains limited relative to investment needs, particularly for projects and businesses yet to reach institutional scale.
Access to capital alone is insufficient. Delivering this transformation also requires technical expertise, coordinated execution and professional management—capabilities that individual projects and smaller businesses can struggle to access.
02Investment Strategy
We pursue a value-add energy infrastructure strategy focused on Greece. We combine private equity discipline with operational, technology, energy-sector and policy expertise.
We invest in Ready-to-Build projects, energy assets and established businesses with scope to build scale and institutional quality. Our focus is predominantly on asset-backed infrastructure, complemented by commercially proven infrastructure enablers. We prioritise visible cash flows and revenue structures that support attractive risk-adjusted returns.
Through active ownership, we create value through consolidation, construction execution, operational and commercial improvement, and disciplined capital allocation. Stronger management, governance and technology support scalable platforms positioned for acquisition by larger infrastructure investors, utilities and strategic buyers.
03Investment focus
We invest in physical energy assets, platforms and commercially proven businesses supporting energy generation, storage, flexibility, electrification and efficient resource use. We seek visible cash flows and opportunities for active value creation, favouring contracted, regulated or recurring revenues where they support attractive risk-adjusted returns.
The categories below illustrate our main areas of focus.
01
Priority Ready-to-Build energy storage projects located close to substations, standalone or co-located with renewable generation. Revenue opportunities include arbitrage, balancing and ancillary services, with contracted arrangements where available and economically attractive on a risk-adjusted basis.
02
Renewable generation and biogas/biomethane assets, with new projects targeted at Ready-to-Build stage. We prioritise visible cash flows supported by contracted or regulated revenues, alongside opportunities for consolidation, plant optimisation and commercial improvement.
03
Established, revenue-generating businesses providing energy management, battery optimisation, aggregation and flexibility services. Their technology platforms are deeply integrated into the day-to-day operation of physical energy assets, helping owners improve operating performance, market participation and commercial outcomes.
04
Ready-to-Build ultra-fast EV charging hubs at strategic transport and logistics locations, integrating charging infrastructure with on-site renewable generation and storage. Opportunities centre on construction execution, utilisation growth and portfolio aggregation, building platforms attractive to strategic acquirers.
05
Established greenhouse platforms combining agricultural production with on-site energy generation and efficient resource use. Energy can supply the facility’s own electricity and heating needs, reducing operating costs, or generate additional income through sales. Opportunities centre on improving productivity, energy efficiency and operating performance.
04Value creation
We combine investment judgement, energy-sector expertise and operating experience to identify opportunities, structure transactions and allocate capital. Each investment has a defined value-creation plan, linking capital deployment to measurable development, commercial and operational outcomes.
01
We apply disciplined underwriting, valuation and transaction structuring to seek attractive entry points. Through complementary acquisitions and effective integration, we build scale, improve procurement and commercial arrangements, and establish coordinated platform management.
02
We invest in Ready-to-Build projects, taking no development or permitting risk. We oversee construction through robust contracting, contractor oversight and milestone-based capital deployment to manage costs, schedules and delivery risk. Commissioning and performance testing support reliable operations.
03
We strengthen management, day-to-day operations and commercial execution to improve asset performance, revenues and costs. Technology, data and AI support measurable improvements, reinforced by clear accountability, stronger governance and institutional-quality reporting.
04
We allocate capital across acquisitions, capital expenditure and follow-on investments based on incremental risk-adjusted returns and downside resilience. We structure financing around each investment’s cash-flow profile and maturity, maintaining prudent leverage and sufficient liquidity to support execution and growth.
05Team
The investment team combines complementary experience across private equity investing, renewable energy development and construction, infrastructure operations, institutional capital markets, operational value creation, technology and public policy.
2.4 GW+
renewable energy and battery storage development
1.1 GW+
EPC construction projects
~100 MW
data centre infrastructure development
US$800m+
strategic acquisitions and integrations
>40% IRR
in realised energy projects
>5x MOIC
in realised energy projects