- Eurazeo is delighted to announce the launch of the Sustainable Maritime Infrastructure Thematic Fund (the Fund).
- The fund will finance more environmentally friendly infrastructure and technologies in the maritime sector that support the transition to a low carbon economy.
- As a consequence, the fund will have the objective of pursuing sustainable development within the meaning of Article 9 of Regulation (EU).
- It will participate directly in the deployment of O+, the Group’s ambitious ESG strategy – one of the pillars of which is the achievement of net carbon neutrality by 2040.
A recent news article published in the Eurazeo reveals that Eurazeo launches the Eurazeo sustainable maritime infrastructure thematic fund.
Fund supports 50 European facilities
The Fund will support around fifty European facilities that will back the transition of the maritime economy to become carbon neutral by 2050 and in line with the ambition announced in the European Green Deal.
Several renowned sovereign and institutional investors have already confirmed their involvement in the Fund, which has a target size of €300M.
Fund managed by Idinvest Partners
The Fund, which will be managed by Idinvest Partners, offers investors with a limited risk appetite a highly desirable solution thanks to its asset financing operations, which will generate quarterly distributions from rents received on maritime assets.
The Fund will directly own these maritime assets to further limit risk. As such, the Fund will benefit from Solvency Capital Requirement of less than 10%.
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Source: Eurazeo
