Survey shows over half of investors likely to choose EIS investments this tax year, with energy transition emerging as the top investment theme.
Blackfinch Ventures today announced the launch of its new Energy Transition EIS (Enterprise Investment Scheme) Portfolios, giving investors the opportunity to access growing technology companies helping to achieve the mass electrification of society.
According to Blackfinch’s latest market pulse survey, 54% of investors and advisors indicated they are either “very likely” or “somewhat likely” to invest in an EIS product during the current tax year, with energy transition identified as the most popular investment theme.
The Blackfinch Energy Transition EIS Portfolios is aligned with several key megatrends that are reshaping the global energy technology landscape. These include the shift from fossil fuels to renewable energy sources, the increasing electrification of transport and heating, the development of energy storage solutions to balance supply and demand and the digitalisation of energy systems to improve efficiency and transparency.
The Blackfinch Energy Transition EIS Portfolios benefit from Blackfinch Venture’s proven track record of selecting promising early-stage companies. The Blackfinch Energy Transition EIS Portfolios will leverage this experience, combined with the group’s cross-disciplinary expertise in energy, property, smaller company and infrastructure investments. This unique combination of sector knowledge positions Blackfinch to rigorously assess and select the highest potential companies in the energy transition theme.
Richard Cook, CEO, says: “Investing into greener energy, delivered through smarter technology will enable our investors to align with Blackfinch in our goals to access the most sustainable companies around, which are all united by a common purpose to create a more sustainable environment. Having seen some of these technology companies myself, I’m incredibly excited by the opportunity this theme presents. So much so that Blackfinch will be investing alongside investors as a sign of our commitment and support to the Energy Transition strategy.”
The building, transport and industry sectors are under intense pressure from regulatory and legislative tailwinds to transition towards greener technology solutions. Blackfinch has created a bespoke investment framework to address these sectors most in need of help, giving investors the opportunity to play an important role in the sustainable outcomes of the future.
Reuben Wilcock, Head of Ventures at Blackfinch, commented, “The Blackfinch Energy Transition EIS Portfolios are designed to address the technology gaps across society - not just in energy generation, but also in storage, distribution, and the digital technologies that enable a more efficient and sustainable energy system. By supporting growth stage technology companies in these critical areas, we believe this EIS will offer attractive returns while contributing to the long-term transformation of energy transition technology.”
Tim Wynn-Jones, Head of Energy Transition at Blackfinch Group, said, “Our focus is on technologies that are crucial to the UK’s decarbonisation efforts. With the country’s legally binding Net Zero 2050 targets and multiple sectors aiming for Net Zero by 2030, there’s a critical opportunity to support businesses driving the energy transition. These companies are helping to reshape the building, transport and industry landscapes now for generations to come.”
Blackfinch is looking to invest in technology companies that will play a vital role in delivering new solutions as the world shifts away from fossil fuels and towards the ‘mass electrification’ of society. By providing early-stage capital to these innovative companies, Blackfinch aims to support the development of technologies that will drive the next phase of the global energy transition.
