Author (Corporate) | European Investment Bank |
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Series Title | Press Release |
Series Details | BEI/09/242 (4.12.09) |
Publication Date | 04/12/2009 |
Content Type | News |
Europe’s leading public financial institutions have launched a pan-European infrastructure fund with an initial capital of €600 million and invited other investors to join them in a First Closing by 3 March 2010. The Fund volume is targeted at €1.5 billion for final closing in 2011. The Marguerite Fund is a pan-European equity fund which aims to act as a catalyst for infrastructure investments implementing key EU policies in the areas of climate change, energy security, and trans-European networks. The Fund should serve as a model for the establishment of other similar funds in the EU wishing to combine a market-based principle of return to investors with the pursuit of public policy objectives. |
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Source Link | http://europa.eu/rapid/pressReleasesAction.do?reference=BEI/09/242&format=HTML&aged=0&language=EN&guiLanguage=en |
Subject Categories | Energy, Mobility and Transport |
Countries / Regions | Europe |
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