Mubadala Joins $7.9B Consortium to Acquire German Proptech Techem

ABU DHABI, UAE - 15 July 2025 – Abu Dhabi’s Mubadala Investment Company has joined a high-profile consortium, including Partners Group, GIC, and TPG Rise Climate to acquire German energy services and proptech firm Techem. The transaction is valued at approximately $7.8–$7.9 billion.

Strengthening Sustainable Urban Infrastructure

Mubadala’s participation underscores its long-term vision to invest in technologies and services that enhance environmental efficiency across built environments. Techem, a company with roots dating back to 1952, manages over 13 million dwellings in 18 countries and delivers innovative digital metering and energy management solutions to more than 440,000 clients.

Driving the Energy Transition

Techem plays a critical role in the effort to reduce the nearly 40% of global CO₂ emissions produced by the real estate sector. With around 62 million devices installed worldwide, the company’s sub-metering systems enable accurate billing and encourage lower energy consumption among tenants and property managers.

"The decarbonisation of the real estate sector continues to be a global priority for better and more sustainable living," said Abdulla Mohamed Shadid, Head of Energy & Sustainability at Mubadala. "Techem is well positioned to continue leading this transition, improving the energy management of buildings through better efficiency and consumption."

Ownership Structure and Strategic Backing

Under the new structure, Partners Group’s Infrastructure unit will hold a controlling stake in Techem, taking over from its Private Equity division and its previous co-investors, including CDPQ and Ontario Teachers' Pension Plan. GIC and TPG Rise Climate join Mubadala as minority investors in the new ownership group.

Boon Chin Hau, Chief Investment Officer for Infrastructure at GIC, commented:

"Techem is at the forefront of energy services and is uniquely positioned to drive energy efficiency within the real estate sector. Our partnership with Partners Group, TPG, Mubadala, and Techem's management team will accelerate the business's strategy, unlocking future growth."

Implications for Real Estate and ESG Investing

The acquisition reinforces Techem’s role as a global leader in the digitalisation and sustainability of building operations. With rising demand for energy-efficient retrofits and digital property services, Mubadala’s entry into the consortium reflects a broader trend of ESG-focused investment across real estate and infrastructure sectors.

For investors and urban policymakers, the deal represents a critical alignment of capital, innovation, and climate goals. Techem’s next chapter under this new ownership aims to redefine energy efficiency standards in the global property market.