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Abu Dhabi's Mubadala Leads $7.9bn Acquisition of German Real Estate Energy Company Techem
GERMANY, JUL 14 – The AED 29 billion (EUR 6.7 billion) acquisition reflects investor focus on decarbonizing real estate, a sector responsible for 40% of global CO2 emissions, through scalable energy efficiency solutions.
- On July 14, 2025, Abu Dhabi’s Mubadala led a consortium that agreed to acquire German energy efficiency firm Techem for AED 29 billion .
- After an unsuccessful attempt to acquire Techem in May by a group including a Swiss investment firm, Singapore's sovereign wealth fund, and a US climate-focused asset manager, Mubadala joined the group to support the company's growth through a renewed acquisition effort.
- Founded in 1952 and headquartered in Hesse, Techem operates in 18 countries, servicing over 13 million homes with 62 million installed devices that enhance energy efficiency and reduce CO2 emissions.
- Abdulla Shadid from Mubadala highlighted Techem’s strong role in advancing decarbonization within real estate, underscoring the importance of enhancing energy efficiency and sustainability on a global scale.
- The transaction, expected to close in the second half of 2025, aligns with Mubadala’s commitment to deploy capital purposefully and address global decarbonization challenges in real estate.
13 Articles
13 Articles
Mubadala invests in German energy efficiency firm
A consortium including Abu Dhabi’s Mubadala bought German energy efficiency company Techem in a deal valued at €6.7 billion ($7.8 billion). Partners Group, Singapore’s GIC, and TPG had sought to buy Techem but their deal fell through in May, Bloomberg reported; Mubadala subsequently joined the consortium. Techem provides technology such as energy meters and other infrastructure management systems that improve energy efficiency in buildings. The …
GIC backs Germany's Techem Group in deal valued at S$9.9 bllion
SINGAPORE: Singapore’s sovereign wealth fund GIC is taking a leading role in real estate decarbonisation by investing in Techem. This move aligns with the fund’s innovative findings on climate adaptation. GIC joined Partners Group, TPG Rise Climate, and Mubadala in the investment in an enterprise value (EV) of around €6.7 billion (S$9.99 billion). EV measures […]
GIC Joins Partners-Led JV to Buy German Proptech Firm for $7.8B - Mingtiandi
Singapore sovereign giant GIC has joined with Swiss fund manager Partners Group and Abu Dhabi’s Mubadala Investment Company to buy Techem, a German provider of energy-saving services to the real estate sector, at an enterprise value of €6.7 billion ($7.8... Read More>> The post GIC Teams With Partners Group, Mubadala, TPG to Buy German Proptech Firm for $7.8B appeared first on Mingtiandi.
The Swiss manager, a shareholder since 2018 of the German specialist in energy efficiency of buildings, is expected to reorganise its capital with its infrastructure division and TPG Rise Climate, valuing the company 6.7 billion euros.
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