First close for BNP Paribas European Infrastructure Debt Fund II

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

BNP Paribas has announced the first close for its BNP Paribas European Infrastructure Debt Fund II after getting commitments of more than EUR300 million (US$355.89 million) from institutional investors across Europe. The fund will implement a strategy to invest in senior secured debt in Europe across multiple infrastructure sectors, with a particular focus on digital infrastructure and renewable energy.

The fund has a hard cap of EUR1 billion (US$1.18 billion). The fund has received commitments from insurance companies, pension funds, and corporates in the UK, France, and Belgium. It has also committed EUR250 million (US$296.56 million) in investments for eight fiber optic, social infrastructure, utilities, and renewable energy infrastructure projects in Europe.

Share this update