RDIF, foreign funds to invest 170 mln euro into corporate energy efficiency

TASS, 10.12.2019

The France’s sovereign fund Bpifrance joined the Russian Direct Investment Fund (RDIF), leading sovereign funds of the Middle East and French Dalkia SA in implementation of energy efficiency improvement for Russian companies, the RDIF press service said on Tuesday.

"The parties agreed to establish a joint venture for investments amounting up to 170 mln euro into projects on implementation of high-performance technologies and optimization of resources consumption in Russian companies," RDIF says.

Partners will carry the business of increasing energy efficiency and reducing energy costs of Russian companies. First investments can be used for optimization of energy resources consumption in one of RDIF portfolio companies.