The European Investment Fund (EIF) is investing €75 million in Serena Infra II, a fund focused on early-stage infrastructure projects that promote sustainability across Europe. The announcement, shared in a press release, marks a new step in the EIF’s efforts to scale up finance for clean transport, renewable energy, and digital services, with climate goals at the center.
Managed by Spanish firm Serena Industrial Partners, the fund aims to raise €250 million and invest in eight to ten infrastructure projects across the region, with each receiving between €25 and €30 million. The investments will focus on areas such as biogas, biomass, water systems, and modern mobility—sectors often overlooked by traditional investors due to their early development stage.
Marjut Falkstedt, Chief Executive of the EIF, said the backing for Serena Infra II aligns with Europe’s push to reduce emissions through improved transport and efficient energy use. “With this fund, we’re helping shape infrastructure that’s better for people and the environment,” she said.
Serena’s Managing Partner, Joaquin Camacho, welcomed the investment, saying it reflects the firm’s mission to back infrastructure that meets public needs while supporting Europe’s future economy. “We focus on projects that deliver real value and strengthen the foundations of everyday life,” he said.
The EIF investment draws support from InvestEU, a wider EU effort expected to unlock over €370 billion in public and private investment by 2027. It contributes directly to the EIB Group’s ongoing commitments to climate and sustainability priorities as laid out in its 2024–2027 roadmap.
