Crédit Agricole Assurances (CAA) has unveiled the Crédit Agricole Transition Infrastructure Debt Fund (CATI), a €300 million fund designed to support businesses and local governments in their shift to clean energy and low-carbon infrastructure. The fund, managed by RGREEN INVEST, aims to break financial barriers for European firms pursuing sustainable energy goals, aligning with EU sustainability regulations (Article 9 of SFDR).

Key Highlights:

Fund Size: €300 million, with investments from CAA’s life insurance arm, Predica.
Management: RGREEN INVEST, a specialist with €2.5 billion in assets under management and 15 years of expertise.
Project Focus:
Renewable energy: solar, wind, hydropower, biogas, and biomethane.
Energy storage: battery systems.
Green infrastructure: EV charging stations, geothermal energy, energy-efficient data centers, and fiber-optic networks.

Nicolas Rochon, CEO of RGREEN INVEST, emphasized the fund's flexibility, stating:

"This partnership enables us to deliver tailored financing solutions to entrepreneurs, regardless of their project's maturity, strengthening Europe's transition to a low-carbon economy."

Nicolas Denis, CEO of Crédit Agricole Assurances, added:

"This initiative is a testament to Crédit Agricole’s commitment to addressing the urgent environmental challenges facing our communities while driving meaningful societal change."

Impact:

The fund is a vital step in empowering SMEs and mid-sized enterprises (ETIs) across Europe, supporting photovoltaic solar projects, wind power, and innovative energy solutions like biomethane production and waste heat recovery.