US EditionAbu Dhabi's Mubadala Leads $7.9bn Acquisition of German Real Estate Energy Company Techem
GERMANY, JUL 14 – The AED 29 billion (EUR 6.7 billion) acquisition reflects investor focus on decarbonizing real estate, a sector responsible for 40% of global CO2 emissions, through scalable energy efficiency solutions.
- On July 14, 2025, Mubadala Investment Company, Partners Group, GIC, and TPG Rise Climate announced a deal to acquire Techem for approximately AED 29 billion.
- Partners Group, GIC, and TPG Rise Climate's initial bid fell through in May, Bloomberg reported, while Mubadala subsequently joined the consortium.
- Serving over 440,000 customers across 18 countries, Techem supports energy management in over 13 million dwellings, with approximately 62 million devices installed globally.
- Amid rising sustainability demands, the acquisition is expected to close in H2 2025, pending approvals, highlighting growing investor interest in scalable solutions for the global property sector.
12 Articles
12 Articles
Mubadala invests in German energy efficiency firm
A consortium including Abu Dhabi’s Mubadala bought German energy efficiency company Techem in a deal valued at €6.7 billion ($7.8 billion). Partners Group, Singapore’s GIC, and TPG had sought to buy Techem but their deal fell through in May, Bloomberg reported; Mubadala subsequently joined the consortium. Techem provides technology such as energy meters and other infrastructure management systems that improve energy efficiency in buildings. The …
GIC Joins Partners-Led JV to Buy German Proptech Firm for $7.8B - Mingtiandi
Singapore sovereign giant GIC has joined with Swiss fund manager Partners Group and Abu Dhabi’s Mubadala Investment Company to buy Techem, a German provider of energy-saving services to the real estate sector, at an enterprise value of €6.7 billion ($7.8... Read More>> The post GIC Teams With Partners Group, Mubadala, TPG to Buy German Proptech Firm for $7.8B appeared first on Mingtiandi.
The Swiss manager, a shareholder since 2018 of the German specialist in energy efficiency of buildings, is expected to reorganise its capital with its infrastructure division and TPG Rise Climate, valuing the company 6.7 billion euros.
Under-pressure Partners Group Private Equity looks ready to start buying back its cheap shares
Two partial disposals of top-10 holdings should leave the Swiss-run private equity fund with sufficient cash to start share buybacks, say analysts. Partners Group Private Equity has sold down two top 10 investments, paving the way for the start of much-needed share buybacks under its new capital allocation policy announced four months ago. Euro shares (PEY) in the £672m investment company edged 0.8% to €9.80 higher on Tuesday, slightly narrowing…
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