Investec has provided one of Europe’s first ESG-linked NAV facilities, to support Bluewater Fund I as it builds additional portfolio value.
The Deal
Bluewater Fund I has a pipeline of attractive and value accretive bolt on opportunities, which will maximise returns for the fund.
This facility provides an effective source of committed capital to allow Bluewater to move quickly and take advantage of accretive opportunities.
The facility was implemented within a framework that easily allows additional capital to be committed over time as required.
Our Role
As covered in Unquote today, Investec’s Fund Solutions team arranged and underwrote the facility, benefiting from a long term partnership with Bluewater, sectoral knowledge and deep structuring experience in the NAV and fund financing space.
About Bluewater
Bluewater are a specialist international private equity firm focused on the energy sector based in London. Its team of experienced investment professionals have been helping energy companies grow for the last 25+ years and has a strict ESG policy in place for the management of the fund.
Bluewater was co-founded in 2011 by Jerker Johansson, Thomas Sikorski and Graeme Sword.