Meridiam believes that there is a need for sustainable long term investments in infrastructure in the African continent to accompany and foster growth. Launched in 2015, the fund invests in projects that pay specific attention to local populations’ access to affordable, essential services (energy, water, waste and transport).
Meridiam II fund is the euro-denominated successor of Meridiam I fund, and received strong support from existing investors. This fund is focused on Europe, including Central and Eastern Europe where it invests in partnership with the European Bank for Reconstruction and Development (EBRD).
Meridiam Europe III is the third generation of Meridiam fund addressing greenfield long-term infrastructure in Europe.
The fund size is €1.3 billion. The fund received very strong demand from investors (in particular from existing investors) and was largely oversubscribed following a four months fundraising period.
Meridiam I was a pioneering fund with a focus on greenfield Public Private Partnerships in OECD countries, investing in Europe and North America, and was structured with an innovative 25-year life-span, enabling genuine long-term partnership between granting authorities, consortium partners and investors.
Meridiam North America II is the US Dollar denominated successor fund to Meridiam I fund dedicated to investments in community infrastructure in the Americas, with the same long term vision.
Meridiam North America III Fund is the third generation of Meridiam fund addressing greenfield long-term public infrastructure in North America.
The fund size is $1.2 billion. It received a strong support from US pension funds and insurance companies who confirmed their interest in a developing infrastructure asset class in response to the country’s critical need and represent two thirds of the commitments to the fund.
The 25-year fund will invest in sustainable and climate resilient assets in accordance with Meridiam’s environmental, social and governance (“ESG”) policy, with the aim of benefitting local communities.
Meridiam Transition was launched in November 2015 in partnership with the largest French insurers, in the context of COP21 (Paris Climate Change Summit). The fund offers an innovative response to the challenges of energy transition by contributing to the long term financing of greenfield investment projects. Meridiam Transition mainly targets development projects in the field of energy efficiency, local energy supply, smart grids and innovative renewable energies.