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InvestEU: support for Belgian growth fund investing in energy transition projects

The European Investment Fund (EIF) has provided a €30 million contribution to the new energy fund of the Belgian growth equity fund Junction, with a first close reached at €75 million.

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European Union

date:  22/09/2022

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The EIF participation in the fund is made possible through the support of the new InvestEU programme, as well as the Dutch Future Fund. Junction's new fund is focused on impact-driven companies developing software and hardware solutions that enable the energy transition. It will invest in clean energy production enabling technologies and in energy efficiency technologies for the building and renovation industries. In its investments, Junction will focus on companies in the Benelux countries and Germany, but remains open to applications from other countries. The InvestEU programme provides the EU with crucial long-term funding by leveraging substantial private and public funds in support of a sustainable recovery. It also helps mobilise private investments for EU policy priorities, such as the European Green Deal and the digital transition. The InvestEU Fund is implemented through financial partners who invest in projects using the EU budget guarantee of €26.2 billion.