Spain’s Ministry of Economy, Trade and Enterprise and the European Investment Fund (EIF) have launched a new €500 million financing tool to back equity investment in small and mid-sized businesses and infrastructure projects focused on climate action, sustainability, and digitalization, the organizations announced at an event in Madrid. The instrument, called Climate and Infrastructure, is funded through the Regional Resilience Fund and aims to support Spain’s green and digital transition.
The new tool targets infrastructure funds investing in areas like renewable energy generation, distribution and storage, energy efficiency, sustainable transport, sustainable food services, and digital infrastructure. It gives businesses and fund managers another option for financing projects that drive environmental and social progress.
Climate and Infrastructure is financed through the Regional Resilience Fund, which channels money from Spain’s Recovery, Transformation and Resilience Plan—part of the EU’s NextGenerationEU program—into regional environmental and social investment. The Ministry of Economy, Trade and Enterprise leads the fund, working closely with the EIB Group.
The launch adds to the EIF’s growing portfolio of NextGenerationEU-backed support for Spanish businesses, including the Alternative Lending for Sustainable Development instrument and the InvestEU Member State compartment program, both of which help small firms access non-bank financing and invest in innovation, sustainability, and competitiveness.
Representatives from the EIF, the Ministry, equity fund managers, and SpainCap, Spain’s venture capital and private equity industry association, attended the event in Madrid.
