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Summary sheet
Release date
18 November 2009
Status
Reference
Signed | 26/05/2010
20090618
Project name
Promoter - financial intermediary
InfraMed Infrastructure Fund
Sponsors:
- French CDC - Caisse des Dépôts et Consignations
- Italian CDP - Italian Cassa depositi e prestiti SpA
- Egyptian EFG - EFG Hermes
- Moroccan CDP - Caisse de Dépôt et de Gestion
- European Investment Bank
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 50 million.
The fund is targeting to raise a minimum of EUR 400 million and a maximum of EUR 1 billion.
Location
Sector(s)
Description
Objectives
Participation in an infrastructure fund which will primarily invest in sustainable urban, transport and energy infrastructures.
The Inframed fund will contribute to the Union for the Mediterranean by providing a source of equity financing for infrastructure projects across the region.
Environmental aspects
Procurement
The Fund’s guidelines will be consistent with EIB’s own internal guidelines. Due to indirect nature of EIB’s involvement (ie fund participation and subsequent delegation to management), it will be the InfraMed manager complying to these guidelines.
Similar approach as for environmental guidelines.
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