Sustainable Development Capital LLP (SDCL) has announced a €100 million commitment to empact GmbH, a fast-growing German energy services provider, through its Green Energy Transition Fund (GETF).
The investment will support empact’s €250 million growth plan over the next five years as it scales operations across Germany’s €1.1 trillion real estate sector. Since its founding in 2021, empact has achieved exceptional growth — doubling revenues every two years and surpassing €10 million in 2025.
empact’s portfolio already includes over 50 MWp of rooftop solar, 30 MW in green heating and cooling, and 1,000 EV charging stations, working with leading blue-chip corporates to accelerate the country’s clean energy transition.
Existing shareholders in empact, including Bauwens-Adenauer Group, the HOPP family office and the Strungman family office, will all remain invested in the business.
GETF raised €650 million (US$681 million) at final close in October 2023 and has committed over 75% to date into energy infrastructure projects and companies. GETF also benefits from support from the European Union under the InvestEU Fund.
Jonathan Maxwell, Founder and CEO of Sustainable Development Capital LLP, said: “We are excited to partner with empact, a company that has rapidly established a meaningful foothold in the European Union’s largest real estate market and has ambitious plans to take that growth to new heights. This commitment aligns well with our focus on improving energy efficiency through financing scalable, impactful, behind-the-meter solutions.”
Sebastian Rühl, Founder and CEO of empact, said: “SDCL brings a wealth of expertise in financing and developing energy efficiency technologies, which is underpinned by a shared vision for a cleaner energy future. SDCL’s support will enable us to fast-track our strong pipeline and deliver more sustainable energy solutions to our growing list of clients.”