European Investment Fund Invests in Luxembourg-Based Infrastructure Fund Serena Infra II

Strategic Insights -

The European Investment Fund (EIF) has invested EUR75 million in the Luxembourg-based infrastructure fund Serena Infra II SCA SICAV-RAIF, managed by Serena Industrial Partners. The fund aims to invest in projects linked to sustainable mobility, water, social or digital infrastructure, as well as energy transition projects. With a target volume of EUR250 million, the fund has a pan-European scope and plans to invest in a portfolio of eight to ten assets, averaging EUR25 million to EUR30 million per project.

Key Takeaways:

  • The European Investment Fund (EIF) has invested EUR75 million in the Luxembourg-based infrastructure fund Serena Infra II SCA SICAV-RAIF.
  • The fund aims to invest in projects linked to sustainable mobility, water, social or digital infrastructure, as well as energy transition projects.
  • Serena Infra II has a target volume of EUR250 million and a pan-European scope, with plans to invest in a portfolio of eight to ten assets.
  • The fund is managed by Serena Industrial Partners, a Spanish infrastructure fund manager.
  • The EIF investment supports the EIB Group's core strategic priority and cross-cutting business line, climate action and environmental sustainability.
  • The operation is backed by InvestEU, an EU programme aiming to unlock over EUR372 billion in investment by 2027.

Statistics:

  • EUR75 million: EIF investment in Serena Infra II
  • EUR250 million: Target volume of Serena Infra II
  • EUR372 billion: Target investment amount of InvestEU by 2027
  • EUR25 million to EUR30 million: Average investment per asset in Serena Infra II
  • 8-10: Number of assets planned to be invested in by Serena Infra II
  • 2024-2027: Timeframe of the EIB Group Strategic Roadmap

Sources:

  • European Investment Fund press release
  • Euribor

European Investment Bank Group Strategic Roadmap 2024-2027

InvestEU programme