Ardian publicly reaffirmed its commitment to taking decisive action on climate change in November 2020, when alongside four other global private investment firms, it co‑founded the One Planet Private Equity Funds initiative.
During 2020, Ardian Infrastructure broadened its exposure to the energy transition value chain and appointed a senior executive to lead our work in this area.
We established Ardian’s presence in green hydrogen through EWE, our Germany utility company, and began a second green hydrogen venture in Italy via our partnership with A2A. We also made our first investment in battery storage, through a new partnership with Enel X in Ontario, Canada.
Making progress toward carbon neutrality is a critical element of Ardian’s sustainability plans, which we develop hand in hand with all our portfolio companies.
During 2020, our Infrastructure and Sustainability teams launched a working group of portfolio companies active in the transport sector to focus on key sustainability issues, including cutting carbon emissions.
AirCarbon, created by the Ardian Infrastructure team, takes automated data feeds from multiple sources and combines the information to calculate emissions from aircraft movements, ground operations, terminal buildings and services, and passenger travel to and from the airport. After demonstrating AirCarbon, we are now working on a similar tool, CarCarbon, to measure CO2 emissions from road traffic.
The renewable energy market has changed rapidly over the past decade: markets are transitioning out of subsidies, energy prices have fallen and in many places renewables are now more competitive than fossil-fuel generation. To create additional value and monitor and manage technical and market risks, Ardian Infrastructure has created Opta, an online monitoring platform.
Amy Hepburn, Chief Executive Officer of Investor Leadership Network