(Boursier.com) — Eurazeo announces that Eurazeo Transition Infrastructure Fund (ETIF, or the Fund) has completed a new closing bringing total commitments to around 420 million euros, i.e. around 80% of its initial target size, only 3 .5 months after its first closing.
Since the first closing, the investor base has been diversified. It includes global institutional investors and capital from both dedicated infrastructure allocations and funds classified under Article 9 within the meaning of the Disclosure Regulation (SFDR).
ETIF has invested, alongside its fundraising, in a portfolio of companies in the transition infrastructure sector.
The Fund’s last investment was made in February 2023 in Etix Everywhere, a regional data center operator in Europe. This investment in the digital transition adds to the three existing assets in the portfolio: Ikaros Solar (energy transition: Belgian developer of rooftop solar installations), Resource (circular economy: Joint Venture for the development of a plastic waste in Denmark) and Electra (clean transport: operator of charging stations for electric vehicles).
These pan-European investments cover four sub-sectors targeted by the Fund, which also analyzes a significant number of opportunities more generally across all transition infrastructure sectors in Europe.