Pathfinder Clean Energy Secures £46 Million Investment from RGREEN INVEST

In a significant development for the renewable energy sector, Pathfinder Clean Energy (PACE Group) has successfully secured a £46 million investment through convertible bonds from RGREEN INVEST, a prominent Paris-based investment firm. This investment, announced on July 4, 2025, aims to bolster PACE's development pipeline in the United Kingdom, facilitating the construction of several pioneering clean energy projects across the nation.

Joe Byron Evans, a Partner in Dentons’ Banking and Finance team, expressed enthusiasm about the investment, stating, "We are delighted to have supported PACE on this transformative transaction with RGREEN INVEST. The investment marks a substantial step forward for PACE as it continues to lead the way in the UK's clean energy transition. This transaction will not only support the rapid deployment of solar and energy storage projects but also contribute materially to the UK government’s net zero objectives."

The collaboration between PACE and RGREEN INVEST signifies a critical advancement in the UK’s renewable energy landscape. PACE, a clean energy developer and investor, currently boasts a global pipeline of over 3GW across the UK, Canada, Poland, and New Zealand. The funding from RGREEN INVEST, recognized as a leading European investor in the energy transition sector, will enable PACE to accelerate its construction activities significantly.

Throughout the investment process, Dentons' team played a pivotal role, comprising legal professionals such as Esme Crofton-Ford, Ioannis Saridakis, and Jess Harris, all of whom are part of the Banking and Finance division. Additionally, partners from Dentons' energy, corporate, and tax practices contributed their expertise to ensure a smooth transaction.

The UK government has set ambitious goals for achieving net zero carbon emissions by 2050, and investments like these are essential for realizing that vision. According to the UK Department for Business, Energy & Industrial Strategy, the renewable energy sector has seen a substantial increase in investment, reaching £10.5 billion in 2023, reflecting a broader trend towards sustainable energy solutions.

Experts in the field have noted that investments in clean energy are crucial for both economic growth and environmental sustainability. Dr. Emma Thompson, Senior Research Fellow at the Centre for Climate Change Economics and Policy at the University of Leeds, commented, "The UK's transition to renewable energy sources is not just a necessity for environmental reasons but also an opportunity for economic revitalization, creating jobs and fostering innovation."

Looking ahead, the success of this investment could pave the way for further partnerships between private investors and clean energy developers. By enhancing the infrastructure for renewable energy, the UK could solidify its position as a leader in the global energy transition. As PACE embarks on its ambitious projects, the implications of this investment extend beyond immediate economic benefits, contributing to a sustainable future for the energy sector.

In conclusion, the £46 million investment from RGREEN INVEST into Pathfinder Clean Energy represents a significant leap forward in the UK's clean energy landscape, aligning with national objectives to combat climate change and promote renewable energy initiatives. As the UK continues to pursue its net-zero goals, such investments will be paramount in shaping a sustainable energy future.