EIF Strengthens European Cleantech Growth with €70 Million Investment in Alantra’s Klima2 Energy Transition Fund

Photo caption from left to right: Jacobo Llanza, Executive Chairman of Alantra Asset Management, EIF Chief Investment Officer Marco Marrone; Bastien Gambini, Managing Partner of Alantra’s Energy Transition growth fund, Klima; Patricia Pascual-Ramsay, CEO of Alantra Asset Management; and David Gonzalez EIF Regional Representative Iberia .

(IN BRIEF) The European Investment Fund has committed €70 million to Alantra’s Klima Energy Fund II, a growth-stage investment vehicle focused on scaling cleantech companies essential to Europe’s energy transition. Building on the successful track record of Klima1, the new fund will invest €10–30 million per company into roughly twelve high-growth businesses across clean energy generation, storage, energy-efficiency technologies, and sustainable transport. The investment contributes to the EIB Group’s TechEU initiative, the REPowerEU programme and broader climate-action goals outlined in its strategic roadmap. EIF CIO Marco Marrone highlighted the role of the partnership in supporting Europe’s cleantech innovation ecosystem, while Alantra’s Bastien Gambini emphasized that EIF’s continued support validates the impact of Klima1 and strengthens their collaboration. As an Article 9 SFDR fund, Klima2 will pursue investments that generate measurable positive environmental outcomes while supporting the growth of low-carbon leaders. Klima forms part of Alantra Asset Management, which manages €16.9 billion across a diverse suite of alternative asset strategies.

(PRESS RELEASE) LUXEMBOURG, 25-Nov-2025 — /EuropaWire/ — The European Investment Fund (EIF), part of the European Investment Bank Group and a leading investor in European SMEs and mid-caps, has committed €70 million to Alantra’s Klima Energy Fund II (Klima2). The new fund will invest in fast-growing cleantech companies that are central to Europe’s decarbonization efforts, including clean energy generation and storage, energy-efficiency technologies, and sustainable transport solutions. The investment forms part of the EIB Group’s broader TechEU initiative as well as the REPowerEU plan, which seeks to reduce the EU’s reliance on fossil-fuel imports and accelerate the shift to a clean energy system.

Klima2 builds on the successful approach of Klima1 — which EIF also backed — and will deploy capital into approximately twelve fast-growing companies across Europe. The strategy targets businesses with proven technologies and strong commercial momentum, operating primarily through B2B models. Individual investments will typically range from €10 million to €30 million, supporting companies in areas such as grid and storage systems, energy markets, sustainable mobility, and high-impact energy efficiency solutions. The fund will draw on the Klima team’s broad experience in energy-transition investing and its extensive network of technical and operational partners across Europe.

This latest commitment strengthens the longstanding partnership between EIF and Alantra, reinforcing their shared mission to channel capital into high-growth innovators that bolster Europe’s industrial capabilities, improve competitiveness, and accelerate the transition to a more resilient and sustainable economy.

Marco Marrone, Chief Investment Officer of EIF, emphasized the importance of the investment: “Through this investment in Klima2 fund, the EIF is fostering innovation to accelerate the transition towards a clean energy system and low-carbon economy in Europe. We look forward to reinforcing our successful cooperation with Alantra to keep nurturing and supporting the vibrant European ecosystem of greentech companies.”

Bastien Gambini, Managing Partner of Alantra’s Klima fund, welcomed EIF’s renewed backing. He noted that the continued support validates the achievements of Klima1 and will help scale the next generation of European climate-tech innovators.

The EIF’s investment also supports several EIB Group policy priorities, including the climate-action goals outlined in the Strategic Roadmap 2024–2027, the Climate Bank Roadmap phase 2 (2026–2030), and the TechEU initiative, which aims to mobilise €250 billion in innovation financing by 2027. The commitment also aligns with the REPowerEU plan’s objective of strengthening regional energy security and accelerating the clean-energy transition.

Classified as an Article 9 fund under the EU Sustainable Finance Disclosure Regulation (SFDR), Klima2 will invest exclusively in companies with measurable positive environmental impacts, while enabling strong financial returns for leaders in the low-carbon economy. Klima is part of Alantra Asset Management, which manages €16.9 billion across multiple strategies in the European mid-market, spanning private equity, private debt, active funds, venture capital, energy and additional investment platforms.

Background information

European Investment Fund

The EIF is part of the EIB Group. Its central mission is to support Europe’s microenterprises and SMEs by helping them to access finance. The EIF designs and develops venture and growth capital, guarantees and microfinance instruments that specifically target this market segment. In this role, it contributes to the achievement of key EU policy goals such as competitiveness and growth, innovation and digitalisation, social impact, skills and human capital, climate action and environmental sustainability.

Alantra

Alantra is an independent global financial services firm that provides investment banking and asset management services to mid-market companies and investors. The Group has over 500 professionals in Europe, the U.S., Latin America, Asia, and the Middle East.

In Alternative Asset Management, Alantra offers its clients unique access to a wide range of investment strategies in five highly specialized asset management classes (private equity, active funds, private debt, energy, and venture capital). As of 30 September 2025, assets under management from consolidated businesses stood at €2.7bn, while those managed by firms in which the Group holds a strategic stake amounted to €14.2bn.

Press contacts

EIF

Maite Cordero: m.corderomunoz@eib.org | Tel. +34 606 66 82 62

Website: www.eif.org – Press Office: +352 4379 21000 – press@eib.org

X: @eif_eu

Alantra

Angelina Radovic: angelina.radovic@alantra.com | Tel. +34 649 12 13 81

Website: www.alantra.com

SOURCE: European Investment Fund