Company dedicated to renewable energies - The Marseille management company Smalt Capital has launched a fund endowed with 30 million euros dedicated to renewable energies. The fund which aims to facilitate the energy transition is dedicated to the energy transition across France. It aims to help project leaders, generally independent, in the renewable energy sector. Their DNA is to support the emergence of new solar and wind developers and not large multinational energy companies. It is a way of meeting the challenges of the Paris agreement and make French energy green at a territorial level.
Another particularity of the fund is that the subscribers are exclusively institutional for example banks, insurers and pension funds. According to the company Caisses d'Epargne Côte d'Azur and Provence-Alpes-Corse and the Banque Populaire Méditerranée have already committed to contributing to the fund endowed by the end of the year.
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