Ahead of its mid-March first close, EnerCap has built a €1 billion-plus project pipeline for the fund, which is the first of its kind. The target region includes the 10 European Union member states in central and eastern Europe as well as the bordering countries of Bosnia-Herzegovina, Croatia, Macedonia, Serbia, Turkey and Ukraine. Some 80% of the fund’s capital will be used in the target region, with the balance available for projects in western Europe, the UK and Scandinavia.
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