Europe’s leading National Promotional Banks and European Investment Bank have launched Marguerite II, a pan-European infrastructure fund with total commitments in excess of €700 million ($833 million), ensuring continued support to key infrastructure investments in renewables, energy, transport and digital infrastructure by the Marguerite platform.

Marguerite II will continue the work of the 2020 European Fund for Energy, Climate Change and Infrastructure (also known as the Marguerite Fund). Like its predecessor, Marguerite II is a pan-European equity fund that aims to act as a catalyst for new greenfield investments and expansion to existing brownfield infrastructure investments in renewables, energy, transport and digital infrastructure. It will have a capacity to invest more than €700 million ($833 million) in infrastructure-intensive projects across the European Union and pre-accession countries. Marguerite II has a 10-year fund life, with two possible one-year exte