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The Paris Green Fund, which will finance companies contributing to the ecological transition from the end of the year, raised 100 million euros, announced Tuesday PS Mayor of the capital, Anne Hidalgo. 19659002] "100 million euros have been raised, we will go up to 200 million euros, and of course, this fund will manage completely independently the investment", has developed before the press Anne Hidalgo to the side Stéphane Villecroze, general manager of the investment fund in charge of the project, Demeter
"The first investments, which will probably arrive at the end of the year", will finance innovative companies in areas such as "the building , mobility, energy, air quality or the circular economy "detailed Stéphane Villecroze. He explained that private investors, majority in this fund, are among others "Aviva and Pro BTP, which are the largest in size, but also institutional investors, industrial, + family offices + (family investments, Ed).
The City of Paris and "Caisse des Dépôts Group-BPI France" are in the minority in this fund dedicated to finance "twenty or so companies", mostly French, according to Mr. Villecroze, for "5 to 15 million euros "each. The Paris Green Fund was created in July 2017 after the signature of a partnership between the City of Paris and Caisse des Dépôts. Demeter was selected by the town hall in January.
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