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Emmanuel Lagarrigue
Partner & Co-Head of Global Climate at KKR & Co. Inc.
Emmanuel Lagarrigue is a Partner and Co-Head of Global Climate at KKR & Co. Inc., a prominent investment firm.13 With nearly three decades of experience in the energy and sustainability sector, Lagarrigue has established himself as a key figure in climate-focused investments and decarbonization strategies.
Career Background
Before joining KKR, Lagarrigue spent 27 years at Schneider Electric, where he held several executive positions.3 During his tenure at Schneider Electric, he:
- Served as the Chief Innovation Officer and member of the executive committee
- Oversaw corporate venture capital activities, open innovation, and new business development
- Managed energy transition businesses, including microgrids, e-mobility, and solar power
- Reported directly to the group CEO2
Role at KKR
At KKR, Lagarrigue is responsible for:
- Co-leading the firm's climate strategy
- Identifying and pursuing investment opportunities in decarbonization technologies
- Focusing on demand-driven approaches to green investments4
Investment Philosophy
Lagarrigue's investment strategy at KKR is characterized by:
- Targeting batteries as the next big green investment opportunity, comparing it to the rise of solar energy3
- Emphasizing the importance of balancing decarbonization efforts with attractive returns for investors3
- Focusing on demand-side factors to avoid "stupid" green investments, particularly in sectors like green hydrogen4
Notable Investments
Under Lagarrigue's leadership, KKR's Climate Fund has made several significant investments, including:
- Zenobe (UK-based battery company)
- Avantus (US-based solar and storage company)
- Ignis (Spain-based hydrogen developer)3
Emmanuel Lagarrigue's extensive experience in the energy sector, combined with his role at a major investment firm like KKR, positions him as an influential figure in shaping the future of climate-focused investments and the global transition to sustainable energy solutions.
Highlights
Businesses, consumers and nations are embracing the energy transition for economic, security and environmental reasons. KKR Global Climate strategy seeks to deploy existing solutions and scale new ones to support the #energytransition. We see opportunities to invest in the #decarbonization of high-emitting and hard-to-abate sectors, including power, transportation, food & agriculture, datacenters and buildings. Charlie Gailliot and I discuss our approach and climate investing framwork in KKR's recently published sustainability report.
Delighted to announce KKR's partnership with IGNIS , who for many years has been paving the way for renewables development in Spain. KKR and IGNIS will now work together to launch IGNIS P2X, a Power-to-X platform to develop primarily green hydrogen and ammonia projects to decarbonize heavy industries. This is the third investment in KKR #Climate strategy, following Zenobē in the UK and Avantus in the US, once again backing proven technologies and teams, and filling the funding gap to scale climate solutions. Welcome to the KKR family Antonio Sieira and team!
