The credit facilities are used to refinance existing indebtedness as well as growth capital for further expansion.

Westbridge is a leading energy and sustainability consultant in the European property sector, offering a comprehensive range of services. The service portfolio includes smart metering, energy purchasing and optimisation, and sustainable operations management for various building types. Together with its subsidiary agradblue, Westbridge provides holistic ESG data management, support for sustainability certification, integration of e-mobility, and measures for water conservation and waste disposal at both property and portfolio levels. The 170 sustainability specialists, based in offices in Frankfurt, Dusseldorf, Hamburg, Zurich, Warsaw, and London, offer extensive support to ensure that properties are sustainable and profitable for the future. For more information, visit www.westbridge-advisory.com.

“We have been impressed with the growth of Westbridge since we first committed credit facilities in 2022 and we are delighted to increase our financial commitment.” commented Felix Beckmann, Director, Global Private Credit at Barings, “Barings deeply values our relationship with GENUI and Westbridge Advisory, and we look forward to the next stage of the success story of the business.”

Jonas Coesfeld, CFO at Westbridge Advisory, commented: “More and more real estate owners are seeking support in making their portfolio carbon neutral in the wake of increasing ESG regulations. We strive to become the leading advisors to our clients not only in Germany but across Europe. We would like to express our thanks to Barings for the trusted relationship and for supporting us in pursuing our growth ambitions.”

This transaction expands Barings’ $32.78 billion* Global Private Finance platform, which leverages a deep bench of more than 80 investment professionals ​and a 30-year track record of providing financing solutions to sponsors while generating attractive ​risk-adjusted returns for investors.

About Barings
Barings is a $406+ billion* global asset management firm that partners with institutional, insurance, and intermediary clients, and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual, seeks to deliver excess returns by leveraging its global scale and capabilities across public and private markets in fixed income, real assets and capital solutions.

*Assets under management as of March 31, 2024

About GENUI
GENUI is a private investment firm based in Hamburg, Germany, founded in 2014 by renowned entrepreneurs and investors who believe in “Good Entrepreneurship.” GENUI partners with companies with the aim of creating sustainable growth and positive social or environmental impact. The companies receive professional governance support and access to GENUI’s entrepreneurs with relevant experience and corresponding networks.

For more information, please visit https://www.genui.de/

Media Contacts
Barings@secnewgate.co.uk / Mediarelations@barings.com