Original disclosure @ EIB website
Updated in EWS Jan 31, 2018
Disclosed by Bank Aug 3, 2017
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According to EIB website, the project consists of the setting-up of a special purpose vehicle operating under the auspices of Inven Capital, investicní fond, a.s., which is a venture capital cleantech fund operating as an independent entity, fully owned by the Czech national energy utility CEZ. This is an indirect portfolio equity type operation whereby the European Investment Bank and Inven Capital shall capitalise the SPV 50/50. It aims to support Inven Capital investing in smart energy start-up companies in the EU that already have a good track record and require growth capital. Target sectors of the fund include energy efficiency, distributed generation, flexibility and storage, customer engagement products and clean transportation in cities.
No contact information provided at the time of disclosure.
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