The Spanish Regional Resilience Fund invests €62 million of NextGenerationEU funds through the EIF in the Qualitas Energy Credit Fund to support renewable energy infrastructure

Madrid: The Spanish Regional Resilience Fund, via its Alternative Lending Instrument for Sustainable Development, is committing €62 million to the Qualitas Energy Credit Fund. The operation is implemented by the European Investment Fund (EIF), part of the EIB Group, using NextGenerationEU resources. It will support investments in energy transition and sustainability projects developed by small and medium-sized enterprises (SMEs) and mid‑caps.

Qualitas Energy Credit Fund is managed by Qualitas Energy, a leading global investment and management platform with a dual focus on both funding and developing renewables, energy transition, and sustainable infrastructure. The vehicle provides debt solutions for renewable energy infrastructure, covering both greenfield and brownfield projects and platforms in sectors such as wind, solar, hydro, battery energy storage systems (BESS), and renewable natural gas. Qualitas Energy has already deployed five investments totalling approximately €170 million, building a diversified portfolio of renewable energy infrastructure debt transactions across Spain, Poland, Germany and Italy.

This is the EIF’s twelfth investment through the Alternative Lending Instrument for Sustainable Development, which aims to facilitate SME financing in areas such as innovation, sustainability, and competitiveness. The instrument is one of two launched by the EIF under the Regional Resilience Fund. The Regional Resilience Fund channels financing from Spain’s Recovery, Transformation and Resilience Plan (part of the NextGenerationEU programme) to drive environmental and social investment across Spain’s autonomous communities. It is overseen by the Ministry of Economy, Trade and Enterprise and managed and implemented by the EIB Group.

Inés Carpio, Director General for International Financing at the Ministry of Economy, Trade and Enterprise, emphasized: “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.”

"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, said: “The European Investment Fund’s commitment is a strong endorsement of our Credit strategy, and we are grateful for their support and trust in our platform. 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.

This investment also highlights the critical role of private credit in strengthening Europe’s energy security and resilience. By supporting the deployment of renewable energy infrastructure and reducing reliance on external energy sources, QECF contributes to the development of a more secure, sustainable and competitive European energy system, fully aligned with the EU’s climate and energy security objectives.”

About the European Investment Fund

The European Investment Fund (EIF), part of the EIB Group, designs venture and growth capital, guarantees and microfinance instruments that absorb part of the risk that is taken by a wide range of selected financial intermediaries when they finance businesses, individuals and infrastructure projects, thereby improving access to finance in Europe. This encourages funds to invest, banks to lend and private investment to be crowded in to boost innovation, competitiveness and climate action, as well as improve sustainability, social impact and skills.

About the Regional Resilience Fund

The Regional Resilience Fund (FRA) was created to facilitate access to NextGenerationEU loans from the Spanish Recovery, Transformation and Resilience Plan for the autonomous communities, with the aim of boosting investments and developing projects in eight priority areas: social and affordable housing; urban renewal; transport and sustainable tourism; the energy transition; water and waste management; the care economy; research, development and innovation; and the competitiveness of industry and SMEs.

The fund is led by the Ministry of Economy, Trade and Enterprise, which takes input from the autonomous communities and cities for investment decision-making and looks to the EIB Group as a strategic management partner.

The EIB Group and the Spanish Ministry of Economy, Trade and Enterprise have launched the following financial instruments under the Regional Resilience Fund:

• a direct financing mechanism, to co-finance EIB-supported operations in sectors like renewable energy, clean transport and sustainable infrastructure.
• an intermediated mechanism managed by financial intermediaries selected by the EIB, to support projects in urban development and sustainable tourism.
• two instruments intermediated by the European Investment Fund that will facilitate SME financing for innovation, sustainability and competitiveness.

About Qualitas Energy

Qualitas Energy is a leading global investment and management platform with a dual focus on both funding and developing renewable energy, energy transition, and sustainable infrastructure. Since 2006, the Qualitas Energy team has dedicated over €14 billion to the energy transition worldwide.

These investments have been deployed through six vehicles: Fotowatio / FRV, Vela Energy, Qualitas Energy III, Qualitas Energy IV, Qualitas Energy V, and Qualitas Energy Credit Fund. Qualitas Energy’s existing portfolio currently comprises 11 GW of operational and development-stage renewable energy assets – including solar PV, concentrated solar power (CSP), wind, energy storage, hydroelectric power, and renewable natural gas – across Spain, Germany, the United Kingdom, Italy, Poland, Chile, and the United States.

Over the past five years, Qualitas Energy has generated enough energy to supply 1.2 million homes and has successfully avoided the emission of 1 million metric tons of CO2 equivalent. The Qualitas Energy team consists of more than 550 professionals across fifteen offices in Madrid, Berlin, London, Milan, Hamburg, Wiesbaden, Trier, Cologne, Stuttgart, Warsaw, Wroclaw, Santiago, Durham, Bristol, and Edinburgh. Please visit www.qualitasenergy.com for further information.