European Firms Receive Financial Backing for Energy Transition Projects

Crédit Agricole Assurances Launches 300M-euro Fund to Finance Low-carbon Transition
Crédit Agricole Assurances today announced the launch of the Crédit Agricole Transition Infrastructure Debt Fund, which targets financing low-carbon energy projects across Europe. The CATI is managed by RGREEN INVEST, a company that will invest €300m in renewable energy infrastructure and sustainable energy transition initiatives.

Financial Support for the Development of Clean Energy
The money spent will be in the areas of solar and wind power, hydropower, biogas, biomethane, battery storage, electric vehicle charging stations, geothermal energy, waste heat recovery, and energy efficiency. The carbon saved through data centers as well as the fiber-optic networks that fall under sustainable infrastructure investments will be a way of reducing the carbon footprint while saving carbon from the process.

At a price, of course, since increasing clean energy options are the emerging alternative that most European corporates are focusing on. For these interested companies that are keen to invest low carbon, therefore CATI proves a ready accessible resource. Indeed in line with rules of EU sustainable rules stipulated under Article 9 SFDR, means a full compliance for the environment.

Management and Investment Strategy
RGREEN INVEST is an asset manager who manages €2.5 billion in assets. The company, with 15 years of experience in sustainable finance, chooses and structures project financing that maximizes impact.

The life insurance subsidiary of Crédit Agricole Assurances, Predica, also invests in the fund, demonstrating the commitment of the company towards sustainable investments.

Broad Sustainability Goals of Crédit Agricole
This ties into the international commitment of Crédit Agricole Group to sustainability as well as its role in funding the energy transition. The well-built networks of European SMEs and ETIs provide the sound base of the group, positioning it among the significant players in sustainable finance.

The investment strategy will provide long-term support to businesses in energy transition projects. CATI complements the short- and long-term investment funds available in the industry through funding solutions for projects that are at varying stages of maturity.

Overcoming Climate Challenges
The challenge of climate has risen due to the action of the responding financial institutions that are channeling their efforts into the decarbonization of industries. CATI is a step toward the EU's climate goals with financial support for the sustainable energy project.
It is now that funding level of Crédit Agricole Transition Infrastructure Debt Fund, through financing incorporation into institutions as the way to help organizations transition into a clean energy future. In this sense, renewable energy and sustainable infrastructure funding projects will support constructing a greener future for businesses and communities across Europe.