INTIEAFrance · SPI fund (Sociétés de Projets Industriels)PolicyIn force

SPI fund (Sociétés de Projets Industriels)

In 2022, France launched the second round of the SPI fund, allocating the equivalent of USD 1.1 billion over 5 years to support innovative industrial projects. The fund provides equity investments ranging from USD 5 million to USD 163 million. In 2023, it invested in an EV…

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Country / jurisdiction: France · Year: 2022 · Status: In force · Level: National · Type: Voluntary

In 2022, France launched the second round of the SPI fund, allocating the equivalent of USD 1.1 billion over 5 years to support innovative industrial projects. The fund provides equity investments ranging from USD 5 million to USD 163 million. In 2023, it invested in an EV battery maker (Verkor, through a €650 millions euros investment, in addition to a €600 million support from the European Investment Bank) .

Official source: https://www.bpifrance.com/products/spi-fund/

Source

https://www.iea.org/policies/27441

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