Your Infra Network
Eurazeo announces that its maiden infrastructure program has held its final close at €706 million in aggregate commitments from institutional investors across North America, EMEA and France. The final close exceeds the original €500 million target by over 40% only 20 months after first closing, reflecting the strong investor demand for the Fund’s diversified SFDR Article 9 investment strategy focused on the transition of essential services delivered by infrastructure to a low carbon economy.
"Societies everywhere are grappling with major, overlapping challenges: Energy security pressures, the transition to a low-carbon economy, changing demographics and urbanization, and realigning supply chains. On the horizon is a digital revolution led by artificial intelligence." Read the full paper
Verkor secures over 1.3 billion euros in green financing with the support of 16 commercial banks and 3 public banks. These funds will be directly allocated to the construction and financing of Verkor’s first Gigafactory located in Dunkirk, France, with an initial production capacity of 16 GWh/year. With this new transaction, the total amount of financing secured by Verkor for its first Gigafactory and the Verkor Innovation Centre peaks at more than 3 billion euros.
Highlights included fundraising for Flagship Fund V passing €9.0bn in commitments in 2023 and representing 90% of the Fund’s target size of €10bn. Alain Rauscher, Chairman and CEO, declared "we believe the medium-term prospects for infrastructure and for Antin are better than ever, with supportive megatrends such as the energy transition and the digitalisation of infrastructure providing substantial growth opportunities."
A ten-year framework agreement has been signed between Kevin Speed and SNCF. The young French start-up has given the go-ahead for its fund-raising. The rail operator wants to raise €1.2 billion in equity and debt by the end of summer 2024 to finance its ambitious industrial plan.
BlackRock and Global Infrastructure Partners (“GIP”), a leading independent infrastructure fund manager, jointly announce that they have entered into an agreement for BlackRock to acquire GIP for total consideration of $3 billion of cash and approximately 12 million shares of BlackRock common stock.
The French company, which exceeded 100 employees last year, is developing its EMS (Energy Management System) to cover all issues related to the energy transition of buildings
The International Finance Corporation (IFC) and OCP Group , the world leader in the phosphate fertilizer market, are consolidating their partnership through a "green loan" agreement for the construction of four solar power plants. These plants will power OCP's industrial activities in Morocco, thus enabling the Group to reduce its carbon footprint and increase its production of green fertilizer.
Ecoat, an industrial scale-up of bio-based polymers for paints and varnishes, announces the closing of its €10 million fundraising. Smalt Capital and 123 IM participated in this transaction, accompanied by several banks and local players: Bpifrance, Banque Populaire Méditerranée, BNP Paribas, Crédit Coopératif, Caisse d'Epargne CEPAC, Caisse d'Epargne Côte d'Azur and Région Sud Investissement.
Crédit Agricole Leasing & Factoring confirms the legal finalisation of its 30% stake in Watèa by Michelin, that has been announced on 1 December 2022 and aimed in accelerating access to low emission zones for commercial vehicles weighing less than 3.5 tonnes
The Monegasque investment company has obtained financing of nearly €100 million from Société Générale, as lead investor and majority shareholder, and from Unifergie. This senior debt with a maturity of 15 years will be used to expand twelve solar farms acquired in 2021 and currently totalling 100 MW of installed capacity.
The data center operator with €200M turnover, which is owned by AXA IM Alts since 2018, is being sold to Canadian Brookfield Infrastructure for a valuation close to €3.5M