The Spanish Regional Resilience Fund has committed €62m to the Qualitas Energy Credit Fund through the European Investment Fund (EIF).
The investment is being made under the Alternative Lending Instrument for Sustainable Development and is backed by NextGenerationEU resources. The programme is designed to support energy transition and sustainability projects undertaken by SMEs and mid-caps.
The EIF said this marks its twelfth investment under the instrument, which aims to expand access to alternative financing for Spanish businesses in areas such as innovation, sustainability and competitiveness.
Qualitas Energy Credit Fund provides debt solutions for renewable energy infrastructure across both greenfield and brownfield projects, covering sectors including wind, solar, hydro, battery energy storage systems (BESS) and renewable natural gas.
To date, Qualitas Energy has deployed five investments totalling around €170m across Spain, Poland, Germany and Italy.
The Regional Resilience Fund channels financing from Spain’s Recovery, Transformation and Resilience Plan to promote environmental and social investment across the country’s autonomous communities.
Inés Carpio, director general for international financing at Spain’s Ministry of Economy, Trade and Enterprise, said the transaction underlines Spain’s focus on alternative funding channels.
“This operation reinforces Spain’s commitment to promoting alternative sources of financing, enabling investment in energy transition projects and helping channel European resources into the real economy,” she said.
Marco Marrone, chief investment officer at the EIF, said the partnership would help broaden funding options for energy transition players.
“We are delighted to join forces with Qualitas Energy to diversify and expand flexible sources of financing for SMEs and mid-caps providing energy transition solutions,” he said.
“This is the twelfth investment made by the EIF through the Alternative Lending Instrument under the Regional Resilience Fund, reflecting the successful deployment of this European financing into the Spanish economy.”
José María Arzac and Severin Hiller, partners and co-heads of credit at Qualitas Energy, described the commitment as a strong endorsement of the firm’s credit strategy.
“It reinforces our commitment to accelerating the energy transition by supporting third-party partners through the construction and commissioning of new renewable capacity, while helping to address a clear financing gap in a challenging macroeconomic environment,” they said.
They added that the transaction highlights the growing role of private credit in strengthening Europe’s energy security and resilience.
