Magnesium Capital

Energy networks across the globe are having to deal with ever-increasing levels of complexity and variability The convergence of computing capacity with BigData, AI and IIoT is creating technology solutions that are solving today’s and future challenges by making the grid more intelligent, flexible and resilient

Responsible Consumption & Resource Efficiency

Businesses and people around the globe are changing the way they consume resources Modern technology and more efficient methods of production have created a large opportunity for investments in technology and services that optimise asset utilisation, increase energy efficiency and reduce waste

We seek to invest in growing businesses with these attributes

High-calibre management team who value an experienced and engaged investor

Differentiated position in the Energy & Infrastructure technology space

Proven technology or tech-led service with strong growth prospects, clear value proposition and strong unit economics

European-headquartered companies with potential for international expansion

We work closely with entrepreneurs and management teams to accelerate growth and unlock sustainable value We bring decades of private equity and operating experience across the energy, technology and industrial sectors We are proud to back ambitious and forward-thinking management teams that are helping refocus the energy sector towards a lower-carbon economy and solving some of the sector's most pressing challenges Denmark-based SCADA International, is the leading provider of mission-critical software and control systems for the renewable energy sector Through its solutions, SCADA International is enabling the shift to a decentralised, decarbonised and digitised energy system

Supervisory Control and Data Acquisition (SCADA) systems sit at the heart of the operational functionality of every renewable energy power plant, and the advanced solutions provided by SCADA International are ‘mission-critical’ in the operation of thousands of wind, hydro and solar PV plants around the world The Company’s OneViewTM software solution is deployed on over 16GW of renewable energy assets and trusted by over 150 customers including some of the largest and most sophisticated OEMs, asset owners and operators globally

Funds advised by Magnesium signed an agreement to acquire a majority of SCADA Holdings A/S, the parent company of SCADA International in April 2022 The transaction closed in January 2023

Oslo-based Embriq helps its customers digitise their physical infrastructure and offers advanced management and analytical capabilities to the Nordic electricity system through its software and managed service offerings

The deployment of millions of smart meters in residential and commercial premises is transforming the way electricity consumption is monitored and reported, providing utilities with new and novel ways to analyse, control and balance the electricity grid Embriq’s software suite Quant provides utilities across the Nordic region with powerful tools to organise, direct and analyse smart meter data which, when taken with Embriq’s mission-critical IT services, provides a robust and leading-edge solution for utilities to actively manage their networks

Processing data from millions of end-points and serving more than 200 customers across Scandinavia that include utilities, power generators, TSOs, and other industrials, Embriq is a leader in industrial IoT applications across a number of data-intensive verticals

Funds advised by Magnesium Capital acquired Embriq in September 2020