Client testimonial: How RGREEN INVEST turned drought risk into infrastructure project resilience

Last year, we met with Julien Commarieu, Managing Director, Head of ESG / Risk / Compliance at RGREEN INVEST. RGREEN INVEST has been integrating the Altitude platform into its investment processes to assess climate and biodiversity risks, strengthen ESG due diligence, and actively support infrastructure projects in defining and implementing adaptation plans.

About RGREEN INVEST

“RGREEN INVEST is a management company with nearly €3 billion in private equity and private debt under management.”

We invest in infrastructure projects in Europe and internationally, specifically in the energy transition, renewable energy, and more broadly, European taxonomy sectors. This makes biodiversity and climate risks to assets particularly important to us.

We believe that when financing infrastructure, these risks must be controlled prior to investment, regulated, and subject to very clear measures by project developers. Altitude provides us with a clear view of biodiversity risks in the areas where we invest and a long-term analysis of climate risk on assets.

Main challenges in assessing climate and biodiversity risks

RGREEN INVEST faces three main challenges:

1. Identifying physical risks for assets – Extreme heat, storms, and drought are analyzed by asset type using GPS coordinates, allowing us to anticipate risks before investing.
2. Monitoring emerging projects – After investment, new projects may appear or develop, and Altitude allows us to track and evaluate risks over time.
3. Translating risk assessments into action – Risk evaluations enable discussions, negotiations, and the implementation of action plans with project developers and renewable energy producers.

How Altitude supports RGREEN INVEST

Altitude, AXA Climate’s science-based platform, allows us to:

• Assess climate and biodiversity risks in a structured and science-based way
• Develop mitigation and adaptation plans with project partners
• Validate criteria for alignment with the European taxonomy
• Monitor long-term risks across multiple assets efficiently

For RGREEN INVEST, the European taxonomy is a critical framework to guarantee long-term sustainability of assets. Altitude helps us implement, validate, and align investments with these standards.

Concrete example: drought risk mitigation

Using Altitude, RGREEN INVEST analyzed drought risks for renewable energy infrastructure projects. This assessment allowed us to:

• Anticipate potential operational risks in the long term
• Discuss adaptation measures with project developers
• Develop a mitigation plan before investment, ensuring project resilience

Thanks to Altitude, we can proceed with investments while reducing exposure to previously unknown climate risks.

Strengthening the investment process

Altitude is fully integrated into RGREEN INVEST’s investment workflow. It enables early identification and assessment of climate-related and biodiversity risks, informs ESG due diligence, and supports concrete adaptation actions for each infrastructure project.

Watch Julien Commarieu’s testimonial below :