TILT CAPITAL FUND I

Promoteur – Intermédiaire Financier

TILT CAPITAL PARTNERS SAS

Lieu

• Pays de l’UE

Description

The proposed operation concerns an investment in an equity fund providing growth capital through minority equity participation to small and medium sized enterprises (SMEs) in the energy transition sector.

Objectifs

TILT Capital Fund I will predominantly invest equity and quasi-equity in European low-carbon transition projects mainly developed through SMEs. The fund will generally seek to acquire significant minority or majority stakes in each company having strong corporate governance rights, to be able to monitor and manage the investment risks.

Secteur(s)

• Énergie - Production et distribution d'électricité, de gaz, de vapeur et d'air conditionné

Montant BEI envisagé (montant approximatif)

EUR 40 million

Coût total (montant approximatif)

EUR 250 million

Aspects environnementaux

The EIB will ensure that the Fund's operational guidelines comply with its social and environmental standards.

Passation des marchés

The Fund has been assessed by EIB as investing only in private companies not being subject to EU rules on public procurement or concessions. However, if after the appraisal, the EIB were to conclude that the Fund invests also in projects subject to EU public procurement legislation, then the Bank would require the fund manager to ensure that contracts for the implementation of the projects financed by the Fund will be done in accordance with the Bank's Guide to Procurement.

Statut

Signé - 30/10/2020