Marguerite II will press on with the important work of Marguerite I (2020 European fund for energy, climate change and infrastructure). A Europe-wide equity investment fund which aims to act as a catalyst for greenfield and brownfield infrastructure investments in renewables, energy, transport and digital infrastructure, its investments will make it possible to implement key EU policies in the areas of climate change, energy security, digital agenda and trans-European networks.
Marguerite II will be able to invest more than €700mn in capital-intensive infrastructure projects in the EU and in the pre-accession countries. With a ten-year lifetime (with up to 2 one-year extensions), the fund is intended to be fully invested in five years.
The EIB will invest €200mn, of which €100mn are guaranteed by the European Fund for Strategic Investments (EFSI). The participating national development institutions and banks*, Caisse des Dépôts among them, will each contribute €100mn.
* Polish bank Gospodarstwa Krajowego (BGK), the Caisse des Dépôts Group, Italian bank Cassa depositi e prestiti (CDP), German bank Kreditanstalt für Wiederaufbau (KfW) and Spanish bank Instituto de Crédito Oficial (ICO).