European Circular Bioeconomy Fund oversubscribed at more than $326M

March 7, 2022 |

In Luxembourg, targeting initially at a total volume of €250 million, the European Circular Bioeconomy Fund (ECBF) is oversubscribed with a total of approximately €300 million. With the final closing of the subscription, the international team of the ECBF was able to gain the trust of further investors for the implementation of its mission.

During the two previous signings, Landwirtschaftliche Rentenbank, Allianz France, Invest NL, GCV (a subsidiary of GC), Firmenich, Stellar Impact (a vehicle managed by Telos Impact, Dr. Hans-Riegel Holding, Bellevue Investments joined the group of shareholders amongst others. Companies such as Neste, Nestlé, BÜFA, NRW.BANK, Volkswohl Bund, Corbion, Dr. Hettich Beteiligungen, Koehler Group as well as the Wortmann Family Office, and three other investors have already participated in the previous rounds, thus joining the mission of the ESG fund. In total, the group of investors now includes 25 shareholders.

Print Friendly, PDF & Email

Tags: ,

Category: Fuels

Thank you for visting the Digest.