WEALTH October 24, 2025 0 Comments

Why Aviva Investors and Astatine’s €800M Bet on Industrial Energy Could Reshape the Future—And What Smart Investors Need to Know Now

Ever wonder what it takes to supercharge Europe’s tough-to-crack industries like cement, data centers, or pharmaceuticals toward a cleaner, greener future? Well, grab a seat — because Aviva Investors and Astatine are teaming up with a hefty €800 million to do just that. This isn’t your run-of-the-mill partnership; it’s a bold leap into an industrial energy transition platform that promises to reshape how energy-intensive sectors slash emissions and slash costs at the same time. Think solar PV, battery storage, big electric fleets, and bespoke renewable setups rigged right at client sites, all managed with razor-sharp precision across Ireland, the UK, and beyond. With Aviva’s financial muscle and Astatine’s hands-on expertise, they’re not just talking change—they’re building it, pixel by pixel, kilowatt by kilowatt. Ready to see what cutting-edge energy investment looks like when brains and bucks collide? LEARN MORE

Global asset management business Aviva Investors has agreed a partnership with Astatine, an Irish energy infrastructure specialist, to establish a new industrial energy transition platform.

The companies are targeting €800m of investment aimed at supporting emissions reduction in some of Europe’s most energy-intensive industries and hard-to-abate sectors such as data centres, food and beverage, cement, pharmaceuticals, medical devices and manufacturing.

It is also hoped that the platform will help industries to meet their energy transition and emissions targets and deliver material reductions in energy costs.

The platform will focus on energy infrastructure projects in the power, heat and transport sectors, assisting with early-stage development, full asset delivery, and subsequent operation of the assets.

Specifically, its strategy will entail acquiring, constructing, and operating solar photovoltaic (PV), battery energy storage systems (BESS), substations, industrial heat pumps and heat recovery systems, industrial EV charging solutions and electric fleets, including electric HGVs.

The technologies will be installed directly on client premises to deliver tailored, on-site renewable energy solutions or connected directly to national grids.

All infrastructure investments, primarily in Ireland but also the UK and continental Europe, will be fully managed by the partnership to “optimise commercial targets”.

Under the partnership, Aviva Investors will become the majority shareholder and provide the financial backing to drive the platform’s growth, while Astatine will lead on project development, design and delivery, and ongoing operation and maintenance.

The platform launches with a seed portfolio of 128 MW of assets, expected to be operational within the next two years, with a further 500 MW+ of pipeline opportunities.

“This platform is a truly innovative means of providing large energy users in hard-to-abate industries with a dedicated single partner which can provide access to a range of technologies, helping them to decarbonise their production processes,” said Angenika Kunne, head of infrastructure equity at Aviva Investors.

“These energy sources are economical, resilient to fluctuating prices suffered by traditional energy sources and can help whole sectors manage their energy transition journey in a cost-effective way.

“This is a key component for companies looking to cut energy costs and improve economic competitiveness.”

Tom Marren, CEO and co-founder of Astatine, said: “We are delighted to partner with Aviva Investors on this ambitious platform. Industrial energy users are under increasing pressure to reduce cost while delivering climate and energy security targets.

Aviva Astatine — Aviva Investors and Astatine plan to invest €800m in energy infrastructure projects.

“With the proven technical and delivery expertise of the Astatine team across the different sectors, it allows customers to have a single company which will deliver solutions across their power, heat and transport requirements.

“By combining Aviva Investors’ financial strength with our development expertise, we can accelerate the delivery of projects to assist with increasing competitiveness for Europe’s industrial base.”

(Pic: Supplied)