SUSI Partners has received a €25m commitment from the European Investment Fund (EIF) for its SUSI Energy Efficiency & Transition Credit Fund (SEETCF).

EIF, an implementation partner of the InvestEU programme, said it wanted to leverage SUSI’s decade-long experience in financing energy efficiency and energy-transition propositions at scale.

SUSI has so far invested approximately €700m into “as-a-service” energy-transition propositions through its senior-secured, asset-backed financing solutions, focusing on industrial decarbonisation, building retrofits, LED streetlighting, smart meters and solar PV self-consumption.

EIF chief executive Marjut Falkstedt said: “The EIF, with the backing of the InvestEU programme, is delighted to be able to contribute to SEETCF, which carries out specialist financing to accelerate decarbonisation in all segments of the economy.

“This is closely aligned to the main priorities of both the EU and the [European Investment Bank] – namely, accelerating the energy transition in Europe by attracting more private investment into this field.”

SEETCF is the third in a series of credit funds and was launched in 2022, raising capital from European pension funds, insurance companies and other private and public institutional investors.

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