How we invest
Our private debt investment philosophy centers on delivering stable, risk-adjusted returns for our investors by financing high-quality opportunities across Europe's mid-market. We deploy long-term capital across corporate direct lending, infrastructure debt, real estate credit, and Capital Solutions, focusing on resilient counterparties and investments with strong fundamentals.
Sustainability is fully embedded throughout our investment process—from origination through due diligence to portfolio management. We integrate ESG factors and climate considerations into our investment analysis, identifying risks and value drivers that align with long-term financial performance. We favor counterparties that contribute to the net-zero transition and engage post-investment to improve ESG outcomes.
By combining a disciplined credit evaluation framework with forward-looking sustainability insights, we aim to generate attractive financial returns while contributing to the broader transformation toward a low-carbon, inclusive, and future-ready European economy.
Some examples
of our investments
Senior secured infrastructure debt
Supporting renewable energy expansion in Central Europe
This project financed the acquisition of 36 photovoltaic plants in the Czech Republic by a local developer. The portfolio has a total production capacity of approximately 71 MW, with revenues generated through feed-in tariffs and a “green bonus” framework.
EPM invested in May 2021 to support the developer's acquisition and operation of the project
2021
Czech Republic
Solar PV plant
Real estate debt
Strategic investment in French retail real estate
This project refinanced two dominant retail parks located in the Greater Paris and Greater Lyon areas, with a total value of €143 million. The properties are held by a private real estate company with a strong commitment to ESG principles.
EPM acted as joint arranger in the project, marking its initial investment in the retail sector with a €50 million commitment. The project was selected due to the resilience of retail parks as an asset class, providing valuable diversification benefits.
2024
France
Two dominant retail parks
Senior secured infrastructure debt
Financing a 32 MW greenfield data center in Italy
In October 2024, EPM supported the construction and operation of a 32 MW build-to-suit greenfield data center, delivered in four tranches of 8 MW each.
The project features an estimated annual power usage effectiveness (PUE) of approximately 1.3x, thanks to its sustainable facility design.
Located in Italy, the data center is in a secondary market currently experiencing rapid growth in Europe. All revenues are contracted with the tenant, a subsidiary of a AAA-rated hyperscaler. The project is supported by a leading data center operator.
2024
Italy
Data center
Senior secured debt
Financing fiber network deployment in southern France
In July 2019, EPM invested to support the construction, operation, and maintenance of a fiber-to-the-home (FttH) network with approximately 278,000 sockets in a low-density area of southern France. Revenues are generated through a concession agreement. The project was developed by a French fiber developer.
2019
France
Fiber-to-the-home network
Senior secured debt
Financing France’s largest biomass cogeneration project
EIn 2022, EPM financed the largest biomass cogeneration unit under construction in France. The project was the winner of the CRE Biomasse call for tenders.
The unit produces electricity and steam by using recycled wood (classified as Class B) and waste from a nearby factory.
2022
France
Biomass cogeneration plant
Corporate direct lending
Preserving French heritage and craftsmanship through ESG-driven investment
Founded in 2000, this French specialist operates globally in heritage restoration and high-end decorative arts, while also developing luxury properties. The group promotes "Made in France" by preserving iconic institutions and unique know-how, with a strong commitment to ESG through recycling, accident prevention, employee support, and robust governance and corporate culture.
In November 2023, EPM invested in this project to support the exit of majority shareholders, the entry of a new majority sponsor, and the group's expansion strategy.
2023
France / Europe
Construction and engineering company
Senior secured debt
Backing sector consolidation in the European industrial heating market
This company is a leading provider of industrial process heating equipment across Europe, combining products with value-added services. With over 100 years of experience, the group delivers tailor-made solutions to reduce energy consumption and environmental impact for its industrial customers.
The company is executing a sector consolidation strategy to reinforce its leadership position in Europe, responding to increased investments driven by the energy transition.
In April 2024, EPM invested to support a refinancing transaction tied to a strategic acquisition in the German market.
2024
France / Europe
Industry / Capital Goods
Real estate debt
Backing sustainable real estate through direct lending
EPM committed €29 million as co-arranger in the €68 million refinancing of a 27-property Dutch portfolio comprising offices, logistics, and retail assets.The project sponsor is a European asset manager with institutional backing.
This transaction marked our first as a co-arranger, reflecting our ambition to grow direct lending to mid-market borrowers with a clear ESG focus.
2024
Netherlands
Mixed portfolio of offices, logistics, and retail properties
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We specialize in private asset solutions and are here to help you achieve your financial goals.
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