Eurazeo has held the final close of its maiden infrastructure programme, which comprises the Eurazeo Transition Infrastructure Fund and a co-investment vehicle, at €706m in aggregate commitments, exceeding the original €500m target.
The fund drew support from institutional investors in North America, EMEA and France, including the European Investment Fund, which made a cornerstone commitment of €75m at first closing in November 2022, as well as large consultants, asset managers, banks, pension funds, insurance companies, sovereign and fund of funds.
ETIF invests in transition assets across the energy, digital, clean transport and environmental sectors. The fund’s commitments to date are: Ikaros Solar, a Belgian rooftop solar developer; Resource, a joint venture operating a plastic waste sorting plant in Denmark; Electra, a pan-European electric vehicle fast charging operator; Etix Everywhere, a regional edge data centre provider; TSE, a solar energy group with a focus on agrivoltaic projects; and 2BSI, a waste management company.
