Global Trade Alert
Global Trade Alert

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

Announcement

27 May 2024

In May 2024, the European Investment Fund (EIF) announced its investment in the venture capital 123 Transition Energétique 2 fund.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

27 May 2024

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

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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