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EU: EIF invests EUR 30 million in the 123 Transition Energétique 2 fund for supporting the renewable energy sector

Description

On 27 May 2024, the European Investment Fund (EIF) announced its investment of EUR 30 million (USD 32.6 million) in the 123 Transition Energétique 2 fund. The fund in turn will provide capital to SMEs...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 May 2024

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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