RGREEN INVEST raises over €900 million for Infragreen V, a European green infrastructure fund

France-based investment firm RGREEN INVEST announced the final close of Infragreen V, its fifth equity vintage green infrastructure fund, raising over €900 million (USD$1 billion). The fund, which is Greenfin-labeled and classified as an Article 9 fund, will target European mid-market projects in renewable energy generation, energy storage, and electrification, with a focus on Central and Eastern Europe. Commitments were secured from a broad group of French and international institutional investors, including the European Investment Fund and the French Pension Reserve Fund.

Counterparts (3)

borrower

RGREEN INVEST

company

RGREEN INVEST is an independent French investment management company specializing in financing infrastructure projects for energy transition and climate change mitigation. With over €4 billion in assets under management, it invests in renewable energy, energy efficiency, and sustainable agriculture across Europe and North America.

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The Fonds de Réserve pour les Retraites

company

The Fonds de Réserve pour les Retraites (FRR) is a French public pension reserve fund established in 2001, managing €25.8 billion ($27.9 billion) as of December 2023. Headquartered in Paris, France, it invests globally across diversified asset classes, including infrastructure, to secure the long-term solvency of the French pension system.

The European Investment Fund

company

The European Investment Fund (EIF) is a Luxembourg-based financial institution, part of the EIB Group, established in 1994. It provides risk finance to SMEs and mid-caps across Europe, primarily through venture capital, private equity, and microfinance funds, and guarantees to financial intermediaries. With a portfolio under management of €50.7 billion, EIF supports innovation, digitalisation, energy transition, and social infrastructure.