Investment Plan for Europe: €62 million for wind and solar farms across the EU

The European Investment Bank (EIB) has signed an agreement with Sustainable Sàrl, a subsidiary of SUSI Partners AG, committing up to €62 million into the SUSI Renewable Energy Fund II. The agreement is guaranteed under the European Fund for Strategic Investments, the heart of the Investment Plan for Europe. The portfolio of SUSI’s second renewable energy fund currently comprises already 13 wind and solar farms in Germany, France, United Kingdom, Portugal and Italy, delivering a total output of approximately 170 MW of clean energy.

Miguel Arias Cañete, Commissioner for Climate Action and Energy added: “In the EU we are creating initiatives and incentives to facilitate the low-carbon transition. This is an example of local engagement to transform the energy system, and it is local actions like this one that will help meet our climate and energy goals. I encourage the private sector to follow in these footsteps and seize the opportunities the Juncker Plan, the EIB and the energy transition present.”