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HeavyFinance is raising €50 million for a private credit fund that will support European agricultural small and medium-sized businesses (SMEs) with tailor-made finance. As a cornerstone investor, the EIF has committed €20 million to the fund with support from the InvestEU programme.
The funding will be available to finance solutions to advance the decarbonisation of agriculture in Bulgaria, Latvia, Lithuania, Poland and Portugal.
The fund will provide mid-term debt capital for small and medium-sized agricultural companies to support them in their efforts to reduce their carbon footprint through greener practices.
PigUA.info by materials pig333.com