, on the initiative of the project, and Meridiam
had announced the creation of the fund on the occasion of COP21
. The fund will be invested mainly in greenfield infrastructure linked with energy efficiency
: local energy services (heating, energy valuation of waste networks, etc.), electricity and gas networks, renewable energies. Meridiam Transition will commit as a long-term shareholder
(20 years), in medium-sized projects in France and in the European Union.
The funds have been raised in 6 months with French institutional investors
among which Allianz France, France Aviva, Paribas Cardif BNP, Crédit industrial et commercial, Fonds de réserve pour les retraites (FRR), Pro BTP and Société Générale Insurance, showing their will to contribute to the financing of the ecological and energy transition in Europe.
Meridiam Transition intends to bring an innovative answer to the challenges of the energy transition, as a long-term investment platform to support the changes in the energy industry.
At COP21, Caisse des Dépôts
and CNP Assurances
committed to reduce by 38% the energy consumption of their real estate portfolios before 2030. Read
is a member of Société d’Exploitation des Ports du Détroit, the consortium holding the concession of Port de Calais beside CDC Infrastructure
has been supporting the Côte d'Opale Chamber of commerce and industry (CCICO) in this major project
for more than 10 years.