Blackfinch launches Energy Transition EIS amid growing demand
Blackfinch Ventures has unveiled its latest offering: the Energy Transition EIS Portfolios, designed to provide investors with access to innovative technology companies driving the widespread electrification of society.
A recent market pulse survey conducted by Blackfinch revealed that 54% of investors and advisors are either “very likely” or “somewhat likely” to consider investing in an EIS product this tax year, with ‘energy transition’ standing out as the top investment theme.
The Blackfinch Energy Transition EIS Portfolios align with key global megatrends reshaping the energy landscape. These trends include the move away from fossil fuels towards renewables, the electrification of transport and heating systems, advancements in energy storage for balancing supply and demand, and the digitalisation of energy systems to enhance efficiency and transparency.
Leveraging Blackfinch Ventures’ strong track record in identifying promising early-stage companies, the Energy Transition EIS Portfolios benefit from the group’s comprehensive expertise across energy, property, smaller businesses, and infrastructure. This unique blend of experience positions Blackfinch to carefully select the most promising companies within the energy transition space.
Richard Cook, CEO of Blackfinch Group said, “Investing into greener energy, delivered through smarter technology will enable our investors to align with Blackfinch in our goals to access the most sustainable companies around - which are all united by a common purpose to create a more sustainable environment. Having seen some of these technology companies myself, I’m incredibly excited by the opportunity this theme presents. So much so that Blackfinch will be investing alongside investors as a sign of our commitment and support to the Energy Transition strategy.”
The building, transport and industry sectors are under intense pressure from regulatory and legislative tailwinds to transition towards greener technology solutions. Blackfinch has created a bespoke investment framework to address these sectors most in need of help, giving investors the opportunity to play an important role in the sustainable outcomes of the future.
Reuben Wilcock, Head of Ventures at Blackfinch Ventures commented, “The Blackfinch Energy Transition EIS Portfolios are designed to address the technology gaps across society – not just in energy generation, but also in storage, distribution, and the digital technologies that enable a more efficient and sustainable energy system. By supporting growth stage technology companies in these critical areas, we believe this EIS will offer attractive returns while contributing to the long-term transformation of energy transition technology.”
Tim Wynn-Jones, Head of Energy Transition at Blackfinch Group said, “Our focus is on technologies that are crucial to the UK’s decarbonisation efforts. With the country’s legally binding Net Zero 2050 targets and multiple sectors aiming for Net Zero by 2030, there’s a critical opportunity to support businesses driving the energy transition. These companies are helping to reshape the building, transport and industry landscapes now for generations to come.”
Blackfinch is looking to invest in technology companies that will play a vital role in delivering new solutions as the world shifts away from fossil fuels and towards the ‘mass electrification’ of society. By providing early stage capital to these innovative companies, Blackfinch aims to support the development of technologies that will drive the next phase of the global energy transition.