Approach
Infestos, the sponsor of ESG Core Investments, has a complementary and multidisciplinary team with experience across all relevant areas of value creation. Through a consultancy agreement with Infestos, we are set-up to support companies in their growth and transition phases, including the transition from private to public markets.

Hands-on approach
Multidisciplinary team
Achievements
Alfen, enabling the energy transition
Our way of working is illustrated by Infestos’ successful investment in, and support of, the ESG growth company Alfen, listed on Euronext Amsterdam through an IPO in March 2018.

Alfen operates at the core of the energy transition, providing smart energy solutions to enable the electricity grid of the future: reliable, sustainable and innovative. Alfen has a unique combination of activities in smart grids, energy storage systems and electric vehicle (EV) charging equipment, which it combines in integrated solutions to address the electricity challenges of its clients.

Infestos' role
After the IPO in March 2018, Infestos retained a significant stake in Alfen and continued to provide advisory and consulting services related to strategic decision making, change management projects and processes and various other services, including those related to financial, organisational matters and other relevant expertise.
Achievements
-
Revenues
in million eurosx2.8Source: Alfen annual reports5120151432019 -
Share of international revenues
as % of revenuesx3.5Source: Alfen annual reports8%201528%2019 -
Adjusted EBITDA margin
as % of revenuesx3Source: Alfen annual reports and Q3 2020 trading update5%201515%2020 Q3 -
Share price
in euros+760%Source: FactSet (as of 12 January 2021)10IPO March 20188612 Jan 2021