Marguerite Fund II, the successor fund of the Marguerite 2020 European Fund for Energy, Climate Change and Infrastructure is a EUR 705m fund investing in renewables, energy, transport and digital infrastructure in all EU member states and accession countries. It has been established jointly by the EIB and a number of National Promotional Banks (German KfW, French CDC, Italian CDP, Spanish ICO, and Polish BGK) as an Investment Platform under the Investment Plan for Europe. The fund is managed by the Luxembourg-based Marguerite Adviser S.A.