PresseBox
Pressemitteilung BoxID: 376318 (Imtech Contracting GmbH)
  • Imtech Contracting GmbH
  • Bischofstraße 3
  • 49497 Mettingen
  • http://www.imtech.de
  • Ansprechpartner
  • Pieter Koenders
  • +31 (6) 55746585

Imtech participates in the Icos Cleantech Fund II

(PresseBox) (Gouda, The Netherlands, ) Imtech N.V. (technical services provider in Europe) announces that it will participate with the amount of 2 million euro in the Icos Cleantech Fund II (Icos Cleantech Early Stage Fund II). The goal of the fund is to financially support new initiatives that focus on turning 'green' technology in the areas of energy, nutrition, recycling, water and construction into economically productive developments.

Imtech's CEO René van der Bruggen: 'Imtech had already invested in the cleantech fund ICF I. Early participation in sustainable technological development is strategically important for us. On the one hand, this offers us the chance to be involved in innovative cleantech developments. On the other hand, it is obvious from ICF I that there is spin-off potential in the form of concrete orders, in which Imtech provides the technical solutions for projects that result from our participation. The acquired knowledge can again be used again in other projects, especially those related to energy. This is a triple win. Furthermore, we can also count on a good financial return on our investment.'

What is ICF II
ICF II is an initiative from Icos Capital, a Dutch investment firm that specialises in clean technology ('cleantech'). Icos Capital has brought together a consortium of listed industrial and technology corporations - Imtech, the BAM Group and CSM - as well as the Delft University of Technology, to set up a new investment fund for innovations in the area of clean technology that offers solutions for the fight against the effects of climate change and the shortage of natural resources. The alliances between these parties will provide ICF II with access to global networks and enable use of a broad knowledge base.

Goal of ICF II
ICF II has as its goal to acquire a significant stake of fast-growing cleantech companies that can use the fund's financial assistance to create independent and economically competitive developments in 'green' technology in the areas of energy, nutrition, recycling, water and construction. The fund has ample resources and will not exceed 2.5 million euro per investment in several fast-growing, mostly smaller, cleantech companies. Icos Capital, an independent investor in cleantech with both years of experience in this particular sector and a proven track record in cleantech investments, is managing the fund.

Building on ICF I
The new fund will build on the successes of ICF I (Icos Cleantech Early Stage Fund I), in which both Imtech and CSM invested. Every year, more than 300 companies approach the ICF I fund wanting to participate. This provides the opportunity to make only the best investments. The fund accordingly invests in technologies that make it possible to change highly polluting residual streams into energy, to create water out of wind and to divide the iron from copper in scrap metal.

Number 1 in the TechnoPartner tender
ICF I and ICF II were named number 1 in the TechnoPartner tender organised by the Dutch Ministry of Economic Affairs in both 2006 and 2010 by a panel of entrepreneurs and expert fund managers.

Imtech Contracting GmbH

Imtech N.V. is a European technical services provider in the fields of electrical engineering, ICT and mechanical engineering. This combination of services makes it possible to offer total technological solutions. With approximately 25,000 employees, Imtech achieves an annual revenue of around 4.5 billion euro. Imtech holds strong positions in the buildings and industry markets in the Benelux, Germany, Eastern Europe, the Nordic region, the UK, Ireland and Spain, as well as on the European markets of ICT and traffic, and in the global marine market. Imtech has a client base of around 21,000 customers. Imtech offers added value in the form of integrated and multidisciplinary total solutions that lead to better business processes and more efficiency for its clients and their customers. Imtech offers a wide range of solutions that contribute towards a sustainable society, for example 'green' technology and technical solutions in the markets of energy, the environment, water and mobility. Imtech shares are listed on the Euronext Stock Exchange Amsterdam, where Imtech is included in the Midkap Index. Imtech shares are also included in the Dow Jones STOXX 600 index.