The Modernisation Fund
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.
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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.
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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.
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.
Allocation of €170 million for 10 investment proposals in Czechia, supporting renewable energy projects and energy efficiency in industry and public buildings.
Investment Focus
Technologies
Solar1
Geography
Slovenia1
Track Record
166
Deals Completed
3
Years Active
€B12.68M
Total Value
Detailed Analysis
Sectors
Technologies
Geographies
Deal Stage
Deal Structure
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