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ITEN

CDP to launch “Marguerite II”

The second Pan-European Infrastructure Fund in place

20171201_2.jpg Deposits and Loans Fund (Cassa Depositi e Prestiti, CDP) has announced along with the main national institutes for European promotion and EIB the roll out of Marguerite II, a pan-European fund supporting development of infrastructure projects in the sectors of energy, renewables, transportation and ICT.
With a total commitment of 700 million euros (of which the CDP quota of €100 M), the new fund will continue the mission of Marguerite I, its duration will be 10 years extendable to further 2 and it will focus on the accomplishment of the investment target within 5 years.
The main areas of action will regard a reduction in CO2 emissions to be pursued through investments in energy efficiency and renewable energy, the improvement of the energy supply security, increasing the access to high-speed Internet networks and optimizing transportation networks. Moreover, the fund will deal with financing of innovative “green” projects contributing to the transition towards a “low-carbon economy.”





Energy Morning is an information service on facts and news on the energy industry. As such, the contents of this service do not directly or indirectly reflect the vision and strategy of Snam on the topics covered.
 

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updated
01 December 2017 - 15:46 CET