ACT, world’s leading provider of market-based sustainability solutions, announced a minority investment from Bridgepoint, the world’s leading quoted private assets growth investor focused on the middle-market. Bridgepoint’s investment raises ACT to an even higher level of leadership in the environmental markets, moving the company’s value to more than $1 billion USD. Bridgepoint is not only investing in ACT, but it is also buying out exiting investor Three Hills Capital Partners.
ACT was founded in 2009 and currently has offices in Amsterdam, New York, Shanghai, and Paris. ACT works in high-impact climate projects, green electricity markets, renewable energies and energy efficiency, emission allowances and carbon offset projects, helping companies and organizations around the world reduce their carbon footprints.
ACT helps clients worldwide create a sustainable future in four key areas:
- Emission Markets – Encouraging emission reduction, negative emission solutions tied to carbon removal, and cross-border carbon pricing.
- Renewables – Driving the substitution of fossil-energy based power generation with renewables.
- Energy Efficiency – Delivering improvements through state-of-the-art technologies in production processes and machinery.
- Biofuels / Biotickets – Allowing for the substitution of fossil fuels with lower or zero-carbon sources.
“The investment from Bridgepoint cements ACT’s global leadership and our essential role in the sustainable energy market at a time when dramatic action is required to combat climate change,” said ACT Co-founder and CEO Bram Bastiaansen. “With a partner like Bridgepoint, we can accelerate our global impact, creating new economic opportunities in local communities around the world, while ensuring today’s leading organizations can meet even the most ambitious sustainability targets.”
“The market in which ACT operates is forecasted to grow rapidly driven by the need to change pace on climate change, increasing regulation, market complexity and a growing voluntary corporate buy-in to addressing these matters. ACT is an exciting opportunity to back a true ESG-led innovator and leader in its field and to help it expand market share and pursue international growth in its core markets,” said Olivier van Riet Paap, Head of Bridgepoint’s investment activities in the Benelux region.