NN Group and Rivage Investment have launched Rivage Private Debt – Fund for Infrastructure Climate Solutions, a fund seeking to finance infrastructure assets which provide solutions to the considerable challenges raised by climate change.
The fund focuses on European projects in the sectors of wind, solar, hydro, public transport, EV charging, batteries and energy management solutions. By contributing to green infrastructure financing necessary to reach global climate goals, the fund aims to catalyse the transition to a resilient low-carbon economy.
NN Group is committing €300m to the fund and Rivage will invest in the fund alongside NN.
Jelle van der Giessen, chief investment officer of NN Group, said: “Contributing to sustainable energy solutions is a core objective of NN Group. The new commitment in the Infrastructure Climate Solutions fund will enable us to further support the energy transition and move to net-zero in Europe. The commitment is part of NN’s target to invest an additional €6bn in climate solutions by 2030.”