About us

A small, research-driven team based in Berlin.

AENU Management GmbH was founded to study, and where appropriate participate in, the financing of climate technology. This page describes our background and outlook for informational purposes.

Our story

Why we exist

We started AENU Management GmbH because we believe the transition to a lower-carbon economy is one of the defining industrial shifts of this century, and that it needs patient, informed capital and clear-eyed research to succeed.

Our team spends its time studying energy systems, industrial processes and the companies attempting to change them, and shares that research through this website and our public commentary.

Team reviewing research notes in an office
Principles

What guides our research.

Evidence first

We base our views on primary research, technical literature and direct conversation with founders and engineers.

Long time horizon

Climate infrastructure is built over years, not quarters. Our analysis reflects that timeframe.

Transparency

Where we publish a view, we say plainly what it is based on and where the uncertainty lies.

Team

The people behind the research.

Portrait of a managing director Managing Director

Lena Hoffmann

Leads sector research on energy systems and industrial decarbonisation.

Portrait of a research director Director of Research

Jonas Richter

Oversees technical diligence and long-form written analysis.

Portrait of a partnerships lead Partnerships

Marie Dubois

Coordinates outreach to founders, universities and industry partners.

Curious about our approach?

See how we think about impact investing and sector research.

Our approach