E-CUBE supports Newheat, a renewable heat provider, in its latest funding round

Renewable heat provider Newheat has raised €30 million to accelerate its growth and finance €150 million of new projects, targeting 200 GWh of decarbonized heat production within three years for industry and district heating networks in France and internationally.

The transaction was carried out with SWEN Capital Partners and its longstanding partners Noria, Bpifrance, Holdheat, and Etchart SA.

The E-CUBE Strategy Consultants team is proud to have supported this funding round alongside: Newheat, SWEN Capital Partners, Noria, Bpifrance, Holdheat, Etchart SA, Finergreen, Jones Day, and Altaïr Avocats.

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