Strategy

At the intersection of energy and finance.

We build and grow companies that supports the transition of the European energy system.

Our investment themes

We build profitable companies for the low carbon energy future.

Investment strategy and approach

We partner with the industry to build leading companies in the European energy sector.

For over 40 years HitecVision has taken an entrepreneurial private equity approach to building profitable businesses across the European energy sector. We invest in companies across the energy transition: the electricity system, lower-carbon fuels and materials, and energy efficiency and digitalisation. 

Our primary focus is to invest in and build companies with high cash flow visibility from real assets or recurring revenues, positioned in high growth markets, where organic development, acquisitions and strategic repositioning can create value beyond the direct return from the underlying assets. 

We believe that exceptional management teams and organisations, supported by a complementary industrial board and an experienced owner in HitecVision, form the foundation for a transformational journey rooted in a milestone-driven industrial and entrepreneurial approach. 

We drive both organic and inorganic growth, using M&A to consolidate and transform companies, portfolios and assets into new market leaders. This is underpinned by our proven value creation model: the BlackBook.

We take a flexible approach and invest across a wide range of situations, from building companies from the ground up to providing growth capital and executing buy-outs, carve-outs and public-to-private transactions.

Our network, built over more than four decades in the energy sector, enables us to partner with industrials, utilities and energy majors in situations where our industry experience and relationships add value.

Our equity investments typically range from EUR 100-300 million, with access to additional capital through co-investment. 

Sustainability report

Explore the goals we're chasing, and the commitments that guide our decisions.

Download Sustainability report Report archive
Responsible investments

Building for the long term is how we create value and take responsibility.

Sustainability is integrated into HitecVision’s strategy and operations through our investment process and ownership period. To support this integration and comply with regulatory obligations, we have developed a framework of internal policies and guidelines to govern our ESG performance and expectations. HitecVision is a signatory to the UN Principles for Responsible Investment, the Net Zero Asset Managers Initiative, and the Women in Finance Charter. We are also members of Norsif, the Norwegian forum for sustainable investment, and the ESG Data Convergence Initiative.

HitecVision’s objective is to create value by developing and building profitable portfolio companies that generate superior returns for its investors. HitecVision believes that by integrating sustainability considerations into our investment activities, we can improve the long-term performance of our portfolio companies as well as the alignment between investors and society at large. Our Responsible Investment Policy forms an integral part of our investment process and active owner practices.

As an integral part of future-proofing our fund portfolios, HitecVision is committed to supporting the transition to a low-carbon economy, with the ambition of reaching net zero emissions across our portfolio by 2050. Our board-approved Climate Transition Plan, aligned with the Net Zero Investment Framework, sets out how we manage climate-related risks and opportunities. It targets 30% of our portfolio companies to be managed in alignment with net zero by 2030, 80% by 2040 and 100% by 2050.

We build our culture on integrity, respect and keeping what we promise. We foster an inclusive workplace where people are recognised on merit, and we invest in continuous learning through the HitecVision Academy, which also supports the boards and management teams of our portfolio companies. Our Ethical Guidelines are an important basis for the sustainability work in HitecVision.