Urgent.News

What's breaking now, across thousands of outlets.

Business

Everwood secures €100m from EIB for its sixth green fund

Read

Translated from Spanish Read in Spanish

Everwood secures €100m from EIB for its sixth green fund

Everwood Capital has secured a €100 million investment commitment from the European Investment Fund (EIF), part of the European Investment Bank (EIB), for its sixth fund focused on renewable assets in southern Europe. The fund, Everwood Energy Fund VI, aims to raise €500 million and will invest in energy transition assets, including waste valorisation, biogas, solar plants, and energy storage.

The EIF's investment is subject to approval from Spain's CNMV and is supported by the Clima & Infraestructura instrument under the Fondo de Resiliencia Autonómica (FRA). The fund will make 10-15 investments of €30-80 million each in greenfield projects.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

More in Business

More from Friday 30 October →