About This Fund
The Meridiam Green Impact Growth Fund (GIGF) is a EUR 300 million private equity growth fund dedicated to financing European small and medium-sized enterprises driving the transition to a low-carbon, sustainable economy. Classified as SFDR Article 9, the highest sustainability designation under European regulation, the fund was launched by Meridiam SAS, a global infrastructure and impact investment firm headquartered in Paris with over EUR 20 billion in assets under management across more than 100 projects in over 25 countries.
The fund's investment mandate focuses on four sustainability themes: energy transition covering clean energy production, storage, and efficiency; clean mobility including electric vehicles, shared transport, and logistics decarbonization; circular economy encompassing waste reduction, material recovery, and sustainable packaging; and sustainable cities addressing smart urban systems, low-carbon real estate, and digital public services. Unlike Meridiam's traditional infrastructure funds, which target long-duration public infrastructure concessions, GIGF pursues growth equity investments in SMEs with proven business models that require capital to scale their sustainable technologies and services across Europe.
The European Investment Bank committed EUR 75 million to the fund as anchor investor, validating GIGF's alignment with EU climate finance objectives. The fund has made six investments since its 2021 vintage year, deploying capital across companies operating at the intersection of sustainability innovation and commercial scalability. GIGF represents Meridiam's strategic expansion from infrastructure project finance into growth-stage impact investing, leveraging the firm's deep expertise in sustainable asset development.