Rgreen Invest has raised nearly €500m (£430.4m) for an infrastructure debt fund focused on the European energy transition at its final close, more than doubling the size of its previous vintage.
The fund, named Infrabridge IV, received commitments from around 20 institutional investors, with nearly 70 per cent of them new investors.
The Paris-based investment manager said the fund is an infrastructure debt strategy focused on the European lower mid-market and supports companies contributing to energy security and decarbonisation in the continent.
Infrabridge IV’s portfolio spans a broad range of sectors, including geothermal energy, biomethane, energy storage, and hybrid solar and wind projects incorporating battery storage.
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“The successive closings of Infragreen V and Infrabridge IV mark another important milestone in Rgreen Invest’s development,” said Nicolas Rochon, founder and chief executive of Rgreen Invest. “They demonstrate our investors’ continued confidence in our ability to support Europe’s energy transition through complementary financing solutions across both equity and debt.”
According to Rgreen Invest, approximately 70 per cent of Infrabridge IV has already been deployed, with it expected to be fully invested by 2027.
Rgreen Invest said that, alongside the close of the infrastructure fund, it is also expanding its debt platform, including through the recent appointment of Ronald Gaultier as senior investment director.
