Temporis Capital

The firm is led by co-founders Nick Chew and Ed Hodgson, who both serve as Managing Partners and sit on the investment committee. The two worked together at Macquarie Bank's infrastructure division before leaving in 2009 to launch Temporis. Their joint tenure and narrow renewable-energy mandate mean investment decisions consolidate through a small senior team rather than a large committee structure.

Temporis acquires operational renewable energy assets — predominantly onshore wind, solar, run-of-river hydro, and anaerobic digestion — with contracted or regulated revenue streams. The firm avoids development and construction-phase risk, targeting projects that are already generating cash flow under feed-in tariffs, renewable obligation certificates, or power purchase agreements. Geographically, the focus is the UK, Ireland, and Western Europe.

Temporis invests directly as a principal, acquiring controlling or majority equity stakes in single assets or portfolios. It does not operate as a fund-of-funds, though it has historically raised pooled institutional vehicles — Temporis Inception Fund I and II — rather than deploying on a deal-by-deal basis. The firm is structured as an FCA-regulated Alternative Investment Fund Manager.

Temporis sold its Rheidol hydro portfolio, a 36 MW collection of run-of-river assets in Wales, to Norwegian utility Statkraft in April 2021. The exit represented a full realization for investors in Temporis II. Prior vehicles have disclosed hurdle-rate structures typical of infrastructure funds, with target net IRRs in the 8–12% range (per public fund marketing materials cited by LP consultants).

The firm's sourcing relies on the co-founders' two-decade network in European clean-energy development and project finance. It transacts directly with project developers, independent power producers, and occasionally distressed sellers seeking a fast, technically competent buyer. Temporis's narrow operational-asset mandate means it sees pre-filtered deal flow that larger generalist funds may not pursue.

The investor base has included European family offices, a UK local government pension scheme, and institutional pension funds. The second fund specifically attracted commitments from a UK LGPS pool, a Scandinavian pension fund, and several European single-family offices seeking inflation-linked yield from contracted renewables.

No. Although the principals may have personal capital co-invested alongside fund vehicles, Temporis is a third-party asset manager that raises blind-pool funds from external institutional limited partners. It is authorized as a full-scope UK AIFM, not a single-family-office vehicle.