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EU: EIF invests EUR 35 million in Adara Ventures Energy Fund to support net-zero technologies

Description

On 5 September 2024, the European Investment Fund (EIF) announced its investment of EUR 35 million (USD 38.8 million) in Adara Ventures Energy Fund. The fund in turn will provide capital to early-stag...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

05 Sep 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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