The Spanish Regional Resilience Fund has committed €62m to the Qualitas Energy Credit Fund through the European Investment Fund.
The investment is made under the Alternative Lending Instrument for Sustainable Development and uses NextGenerationEU resources to support energy transition and sustainability projects by SMEs and mid-caps.
The EIF said this is its twelfth investment under the instrument, which aims to facilitate SME financing in areas including innovation, sustainability and competitiveness.
Qualitas Energy Credit Fund provides debt solutions for renewable energy infrastructure across greenfield and brownfield projects in sectors such as wind, solar, hydro, BESS and renewable natural gas.
Qualitas Energy has deployed five investments totalling about €170m across Spain, Poland, Germany and Italy.
The Regional Resilience Fund channels financing from Spain’s Recovery, Transformation and Resilience Plan to drive environmental and social investment across the country’s autonomous communities.
Inés Carpio, director general for international financing at the Ministry of Economy, Trade and Enterprise, said: “This operation reinforces Spain’s commitment to promoting alternative sources of financing, enabling investment in energy transition projects and helping channel European resources into the real economy.”
Marco Marrone, EIF chief investment officer, added: “We are delighted to join forces with Qualitas Energy to diversify and expand flexible sources of financing for SMEs and mid-caps providing energy transition solutions.”
He stated: “This is the twelfth investment made by the EIF through the Alternative Lending Instrument under the Regional Resilience Fund, reflecting the successful deployment of this European financing into the Spanish economy.”
José María Arzac and Severin Hiller, partners and co-heads of credit at Qualitas Energy, said: “The European Investment Fund’s commitment is a strong endorsement of our Credit strategy, and we are grateful for their support and trust in our platform.”
They added: “It reinforces our commitment to accelerating the energy transition by supporting third-party partners through the construction and commissioning of new renewable capacity, while helping to address a clear financing gap in a challenging macroeconomic environment.”
They said: “This investment also highlights the critical role of private credit in strengthening Europe’s energy security and resilience.”