NN Group and Rivage Investment (Rivage) have announced the launch of Rivage Private Debt – Fund for Infrastructure Climate Solutions.

The fund focuses on European projects in the sectors of wind, solar, hydro, public transport, EV charging, batteries and energy management solutions which provide solutions to the considerable challenges raised by climate change. It will align with the requirements of the Paris Agreement and with European environmental regulations (EU Taxonomy).

The fund is managed by Rivage Investment and will benefit from Rivage’s longstanding track record of providing tailored debt financing to renewable energy and low-carbon emission infrastructure projects across Europe. EUR1.50 billion (US$1.58 billion) has been invested by Rivage in solar farms and wind plants in 8 European countries Estonia, Finland, France, Germany, Italy, Netherlands, Spain and Sweden.