An independent Investment Committee approves the use of the EU guarantee for financing and investment operations proposed by the implementing partners, taking its decision on the basis of the due diligence presented by the implementing partner in the so-called scoreboard and guarantee request form. In doing this, it verifies the compliance with the regulation and the investment guidelines, giving particular attention to the requirements of (i) additionality and (ii) crowding in private investment, as well with all the other relevant prerequisites.
The Investment Committee meets in four different configurations, corresponding to the four policy windows. The Investment Committee is fully independent. When participating in the activities of the Investment Committee, its members, who have experience in investment in sectors covered by the relevant policy window, perform their duties impartially and in the sole interest of the InvestEU Fund.
EU guarantee approvals
Aggregated maximum size of approved EU guarantee of all meetings: EUR 9.6 billion (as of February 2023)
Sustainable infrastructure window
Social investment and skills window
SME & Research, Innovations and Digitation Windows
Sustainable infrastructure window
Sustainable infrastructure window
Research, innovation and digitisation window
Battery Systems RDI Green Loan
SME & Research, Innovations and Digitation Windows
Social investment and skills window
Sustainable infrastructure window
Research, innovation and digitisation window
SME window
Sustainable infrastructure & Research, innovation and digitisation windows
SME & Sustainable infrastructure windows
Sustainable infrastructure window
Mirova Energy Transition V Fund (EIF)
Infrastructure fund focusing on sustainable investments in the renewable energy sector primarily in the European Economic Area, with a certain focus on France.
Research, innovation and digitisation window
Innovation Programme Loan for Spain and Portugal (EIB)
SME window
Growth Blue Fund I (EIF)
Private equity fund focusing on growth expansion stage investments, particularly in the blue economy sector, primarily in Portugal.
Social investment and skills window
Hannover Social and Affordable Housing (EIB)
Sustainable infrastructure window
Solaria Castilian PV Plants (EIB)
Italian Utilities Programme Loan (EIB)
FGC Mobilitat Rolling Stock (EIB)
Solaria Trillo Toro PV Green loan
Research, innovation and digitisation window
Forward.One Fund II (EIF)
Venture capital fund focusing on early stage investments in the Business and Industrial Products and Services sector primarily in the Netherlands
SME window
Innova/ 7 (EIF)
Generalist private equity fund focusing on lower mid-market investments, particularly tech driven companies, primarily in Poland and, to a lesser extent, other Central and Eastern European countries.
Usaldusfond Trind Ventures Fund II (EIF)
Venture capital fund focusing on early stage ICT investments primarily in Finland, Estonia, Latvia and Lithuania.
Shift4Good Fund I (EIF)
Pan-European venture capital impact fund focusing on early stage energy and environment-related investments, particularly in the mobility and transport sectors, primarily in EU-27 and EFTA countries, with a certain focus on France.
Pureterra Ventures I (EIF)
Venture capital fund focusing on early stage energy and environment-related investments, with a focus on the water technology sector, primarily in the Netherlands, Germany and France.
Green Generation Fund (EIF)
Venture capital fund focusing on early stage investments in the resource efficiency sector primarily in Europe, with a certain focus on the DACH and Nordic regions and the UK.
Social investment and skills window
Educapital II, FPCI (EIF)
Pan-European education technology impact fund focusing on early stage investments, with a particular focus on France
Research, Innovations and Digitation & SME Windows
Sustainable infrastructure window
LOXAM electric capex programme
Fibre Optic Network Expansion Poland (FONEXP) (EIB)
Project Odyssey Network Expansion
Social investment and skills window
Investment Committee members
The Investment Committee meets in four different configurations, corresponding to the four policy windows. The Investment Committee is fully independent. When participating in the activities of the Investment Committee, its members, who have experience in investment in sectors covered by the relevant policy window, perform their duties impartially and in the sole interest of the InvestEU Fund.