News & media Cordiant Capital’s Active Summer

15 September 2023

Cordiant Capital has hit the ground running in 2023. On the heels of successful fundraising last year, the sector-focused investor recently announced it has deployed nearly USD 400 million across equity and non-dilutive capital solutions transactions this past summer.

The deals span Cordiant’s core areas – digital infrastructure, energy transition infrastructure, and the agriculture value chain – and stretch across the Americas and Europe. Some highlights:

• Investing in multiple agriculture companies in Brazil, Peru, and Chile that serve global off-takers in the US, Europe and Asia
• Funding energy transition projects in the US/Greenland, Romania, and Panama
• The acquisition of Speed Fibre, a fibre optic backbone provider in Ireland, by Cordiant Digital Infrastructure Limited to expand Cordiant’s digital footprint in Europe

Cordiant takes a specialised approach in these high-growth real asset sectors. Cross-functional teams with deep operational expertise target middle-market opportunities. The firm’s equity investments typically follow a “Buy, Build, Grow” model to scale platforms. Its non-dilutive capital solutions provide flexible financing collateralised by hard assets.

The deals also reflect Cordiant’s commitment to a robust and commercially sensible ESG practice with a strong impact lens overlay.

This summer’s deployments build on Cordiant’s track record:

• Its Core+ digital infrastructure fund has acquired platforms in Europe and the US with ~USD 150 million EBITDA at 11x EV/EBITDA
• Agriculture credit investing has deployed over USD 750 million in recent years
• The energy transition team has developed a strong reputation for providing intermediate capital solutions to middle-market wind and solar platforms

With a full pipeline, Cordiant is poised to continue its growth into Q4 2023 and 2024. Its sector expertise and integrated approach position the firm for long-term success.

ENDS

Media:

Brunswick Group

+44 (0) 20 7404 5959

CordiantCapital@Brunswickgroup.com   

About Cordiant Capital

Cordiant is a specialist global infrastructure and real assets manager with a sector-led approach to providing growth capital solutions to promising mid-sized companies in Europe, North America and selected global markets. Since the firm’s relaunch in 2016, Cordiant–a partner-owned and -run firm–has developed a track record of exceeding mandated investment targets for our clients.

Cordiant focuses on the next generation of infrastructure and real assets: sectors (digital infrastructure, energy transition infrastructure and agriculture value chain) characterised by growth tailwinds; technological dynamism in how customers deploy the infrastructure Cordiant is financing; and a requirement for sustainability.

With a mix of managed funds offering both value-add and core strategies in equity and debt, our sector investment teams (combining seasoned industry executives with traditional private capital investors) work with investee companies to develop innovative, tailored financing solutions backed by a comprehensive understanding of the sector and demonstrated operating capabilities.

Press Release Disclaimer:

Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. Cordiant Capital and its affiliates do not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will Cordiant Capital and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages. The forward-looking statements are not historical facts but reflect Cordiant’s current expectations regarding future results or events. These forward-looking statements are made as of the date of this document and are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although when making a forward-looking statement, Cordiant, as the case may be, believe that the assumptions inherent in this statement are reasonable, forward-looking statements are not guarantees of future performance.