Cube Infrastructure Managers
Private equityLuxembourg · Growth · 62 people tracked
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Investment thesis
Cube invests in essential European infrastructure using a buy-and-grow strategy, active asset management, and an integrated ESG approach. It targets under-the-radar, mid-market companies and empowers local management teams to drive growth. Core focus areas include energy transition (district heating, renewables such as solar, wind, hydro, geothermal, and energy-from-waste), telecoms and digital infrastructure (fiber broadband, datacenters, IoT), transport and mobility (public transport and temperature-controlled logistics), environment (waste management and recycling), and EV charging. The firm continually analyzes market trends to identify new high-growth infrastructure sectors that need both capital and operational capability, aiming to deliver value for investors, communities, and stakeholders.
Source: firm website, verified Sep 29, 2026.
Team · 62 people
from the firm's website & curatedWhat they invest in
from 13 of 50 portfolio companiesEnterprise Software ×7Cleantech ×5Energy ×5Cloud Computing ×4Climate Tech ×3Data & Infrastructure ×3Mobility & Transportation ×2Circular Economy ×1
HQs:Spain×3France×2Belgium×1Czechia×1Germany×1United Kingdom×1
Investments · 50 tracked
founders shown can be your intro pathRiverRidge is a waste management company based in Northern Ireland that provides waste treatment, recycling, and resource recovery solutions for businesses and communities, operating multiple treatment facilities with a focus on reducing landfill reliance.
Circular EconomyCleantechEnergyBelfast, GB
Brett Ross(CEO)inChris Fillis(Operations Director)in
Co-investorsEquitixBusiness Growth Fund
Asteo Red Neutra is a wholesale telecommunications infrastructure operator that designs, deploys, and manages backbone, backhaul, and fiber-to-the-home (FTTH) access networks, providing wholesale connectivity services to telecom, energy, and other network operators.
Cloud ComputingEnterprise Software
Pedro Abadin
Cogeninfra develops and operates district heating networks and delivers energy efficiency solutions—including photovoltaic, cogeneration and trigeneration plants, heat recovery systems, heat pumps, and a digital platform for monitoring energy data—for industrial clients and public administrations.
CleantechClimate TechEnergy
ENETIQA Solutions is an energy services company that develops and delivers EPC (Energy Performance Contracting) projects for municipalities and public institutions in the Czech Republic, helping clients achieve defined energy savings.
CleantechClimate TechConstruction TechEnergyCzech Republic, CZ
Martin Hvozda(Director)in
BoardJörg Lüdorf(Chairman of the Board)
firstcolo operates redundant, ISO 27001/ISO 9001-certified data centers in the Rhein-Main region around Frankfurt am Main, offering colocation, cloud, and managed IT services with direct DE-CIX connectivity.
Cloud ComputingData & InfrastructureEnterprise SoftwareFrankfurt am Main, DE
Glesys provides managed cloud infrastructure services including KVM servers and database hosting for PostgreSQL and MySQL.
Cloud ComputingData & InfrastructureDeveloper ToolsSaaS
IslaLink develops, deploys, and operates submarine cable systems and terrestrial fiber infrastructure connecting European regions.
Data & InfrastructureEnterprise SoftwareMadrid, ES
Alfonso Gajate(Founder)Ross Mullins(Founder)Bruce Raw(Founder)
Rede Aberta is a Galician neutral wholesale telecommunications operator that deploys a fiber-optic network across rural Galicia, offering wholesale connectivity services (FTTH, dark fiber, Ethernet circuits, and housing/interconnection) to other telecom operators.
Enterprise Software
Co-investorsAllianz Global Investors
Saur provides water infrastructure operation, maintenance, and treatment solutions for municipalities and industrial clients, offering diagnostic tools, digital monitoring platforms, and advanced filtration technologies for drinking water, wastewater, and industrial water systems.
CleantechClimate TechEnterprise SoftwareImpact & Social Good
Co-investorsEQT
Stations-e is France's first national network of multi-service electric charging stations, providing charging infrastructure and related services for electric vehicle owners, municipalities, and businesses.
CleantechEnergyMobility & TransportationFrance, FR
Alain Rolland(Founder)in
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
BergkvaraBoralex EuropeBorealCFTRClioFiberCNIM DevelopmentCubIKS GmbHDispamEurotunnelEurotunnel Le ShuttleFibernetFotosolariumG networkGRECOGreen Energy PlatformHeliotIdexKopleMétropolisMüller TransporteNetineraNewlincsNorsk VannkraftOspreyRodinRPIPERuneRUNE CrowRUNE EniaScancomSepurTaranis EnergyTrooliUmoveUnifiberVaranger KraftvindVerdis
Fund performance · per public LP disclosures · 3
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Cube Infrastructure IIILPs: Maine Public Employees Retirement System | 2021 | — | 9.3% | 1.27x | 0.12x |
| Cube Infrastructure IILPs: Maine Public Employees Retirement System | 2018 | — | 4.6% | 1.26x | 0.15x |
| Cube InfrastructureLPs: Maine Public Employees Retirement System | 2010 | — | 8.0% | 1.62x | 1.61x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has Cube Infrastructure Managers made?
- Cube Infrastructure Managers has 50 tracked investments.
- What stage does Cube Infrastructure Managers invest at?
- Cube Infrastructure Managers invests at the Growth stage.
- What sectors does Cube Infrastructure Managers focus on?
- Cube Infrastructure Managers focuses on Circular Economy, Cleantech, Climate Tech, Data & Infrastructure, Energy, Impact & Social Good, IoT, Logistics & Supply Chain, Mobility & Transportation.
- Where is Cube Infrastructure Managers located?
- Cube Infrastructure Managers is headquartered in Luxembourg, LU.
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