Baseload Capital joins Cleantech Scale-up Coalition to bolster European competitiveness

At the Cleantech for Europe Summit in Brussels on September 26, Baseload Capital announced its decision to join the Cleantech Scale-up Coalition alongside ten other cleantech innovators.

Scale-up Coalition, now 22 members strong, brings together Europe’s most promising cleantech scale-ups, collectively representing the next generation of European clean industry.

“We join this coalition of innovators at a crucial time for Europe,” said Alexander Helling, CEO of Baseload Capital. “With a new political cycle beginning, European Commission President Ursula von der Leyen has vowed to make Europe the home of cleantech and announced the launch of a Clean Industrial Deal.”

“We are thrilled to see Baseload Capital joining the Cleantech Scale-up Coalition,” said Jules Besnainou, Executive Director. Cleantech for Europe. “Cleantech for Europe Summit proved the cleantech industry stands ready to power Europe’s competitiveness, but we urgently need a comprehensive industrial, competition, and trade policy to match our global peers. The Scale-up Coalition plays a vital role to equip policymakers with experiences from the field and inform Europe’s strategy.”

One of the well-known companies already part of the Scale-up Coalition is Swedish firm Stegra (formerly H2 Green Steel). Joining the coalition alongside Baseload Capital are the following ten companies:

• Battolyser (Netherlands)
• cylib (Germany)
• Climeworks (Switzerland)
• Electra Charging (France)
• Néolithe (France)
• Rega Energy Group (Portugal)
• Heart Aerospace (Sweden)
• Ineratec (Germany)
• Atlas Agro (Switzerland)
• Genvia (France)

While Europe is well-equipped to finance new technologies in their early stages, both public and private capital are lacking when it comes to scaling these technologies to a climate-relevant level. Cleantech for Europe, working closely with its Investor and Scale-up Coalitions, advocates for ambitious industrial and trade policies that match other global economies, aiming to usher in a new era of European competitiveness and prosperity.