Deals Counterparts

The Modernisation Fund

company 1 Deal 1 Partner

The Modernisation Fund is an EU financial instrument supporting 10 lower-income EU Member States in their transition to climate neutrality. Managed by the European Commission and the European Investment Bank, it has disbursed over €12.68 billion for 166 investment proposals since 2021, focusing on renewable energy, energy efficiency, and a just transition.

Get alerts when new deals involving The Modernisation Fund are announced — free, no spam.
Founded 2018
Public Financial InstrumentFunder

Strategic Overview

  • The Modernisation Fund is a key financial instrument for the EU's Green Deal, specifically targeting lower-income Member States to ensure a just and equitable energy transition.
  • Its focus on a broad range of energy transition technologies and energy efficiency across multiple sectors (power, heating, transport, buildings) reflects a comprehensive approach to decarbonization.
  • The fund's structure, involving the European Commission and EIB, highlights a public-sector-led financing model for strategic infrastructure development within the EU.

Sign up free to access strategic analysis, deal history, and investment focus.

Sign up free →

Deal Activity from Public Sources

Allocation of €1.1 billion for 14 investment proposals in Poland, including district heating modernization, new heat sources (geothermal, biomass, waste-to-energy), energy efficiency, and renewable energy development.
Financing District Heating, Geothermal, Biomass, Waste-To-Energy, Energy Efficiency, Solar PV, Onshore Wind Poland November 2023
Allocation of €980 million for 12 investment proposals in Romania, focusing on renewable energy projects (solar, wind, hydropower), modernization of electricity grids, and energy efficiency in residential buildings.
Financing Solar PV, Onshore Wind, Hydropower, Transmission, Energy Efficiency Romania November 2023
Allocation of €170 million for 10 investment proposals in Czechia, supporting renewable energy projects and energy efficiency in industry and public buildings.
Financing Solar PV, Onshore Wind, Energy Efficiency Czechia November 2023

Investment Focus

Technologies
Solar1
Geography
Slovenia1

Track Record

166
Deals Completed
3
Years Active
€B12.68M
Total Value

Detailed Analysis

Sectors
Energy TransitionUtilitiesTransportSocial Infrastructure
Technologies
Solar PVOnshore WindHydropowerGeothermalBiomassBiogasWaste-to-EnergyEnergy EfficiencyDistrict HeatingTransmission
Geographies
BulgariaCroatiaCzechiaEstoniaHungaryLatviaLithuaniaPolandRomaniaSlovakia
Deal Stage
GreenfieldBrownfieldOperating
Deal Structure
GrantsLoansEquityGuarantees

Access the complete profile — deal history, track record, and investment analysis.

Sign up free →
Track The Modernisation Fund