Glentra Capital

The firm is led by Managing Partner Henrik Tordrup alongside Partners Peter H. B. Sørensen and Lars Mørch. Sørensen and Mørch previously ran direct private equity and infrastructure investments at ATP, Denmark's largest pension fund. Investment decisions are made collectively by the partnership.

Glentra targets the growth-equity gap in climate finance — companies that have proven their technology but need capital to scale manufacturing and deployment. Most climate funds cluster at early-stage venture or late-stage infrastructure. Glentra sits between them, writing €40 million to €150 million checks for scaling industrial climate companies, a segment few dedicated managers serve with institutional rigor.

Glentra invests across the energy transition value chain, including renewable energy generation, energy storage, grid infrastructure, and electrification. Target sub-sectors include solar, battery storage, smart-grid software, and related industrial technologies that enable decarbonization.

Glentra closed Fund I at €443 million in January 2022, exceeding its original fundraising target (per the firm, 2022). The fund is structured as a closed-end growth equity vehicle for energy transition investments in Northern Europe and North America.

The founders leverage deep relationships from their ATP tenure, where they managed direct investments across energy and industrials with a large institutional network. The firm supplements European sourcing with a New York office to access North American deal flow, and its thematic focus attracts proprietary referrals from project developers and technology companies that recognize the team's domain expertise.