Private equity firm InfraVia Capital Partners has committed more than EUR 300 million (USD 317.3 million) to support Kyotherm’s expansion in Europe and North America, becoming the majority shareholder of the French company.
This marks Kyotherm’s 14th financing round and comes with continued backing from its long-time shareholder, Andera Partners, which will remain a minority stakeholder alongside Kyotherm’s management team.
Founded in 2011, Kyotherm specializes in structuring and financing small- to medium-sized projects across several renewable energy sectors, including geothermal, biomass, solar thermal, energy efficiency, and storage. The company works with a range of industrial and construction customers, including Engie, Schneider Electric, Dalkia, and Heineken.
Kyotherm currently manages projects across 180 sites in 12 countries, with a total installed capacity of 260 MW, generating around 1 TWh of carbon-free energy annually.
The new investment will allow the company to expand its co-development and investment capacity, addressing the growing demand for renewable heat and energy efficiency solutions across Europe, North America, and beyond.
