Marguerite Finance: Investing in European Infrastructure

Marguerite Finance is a pan-European equity fund dedicated to investing in infrastructure projects within the European Union. It aims to contribute to the implementation of key EU policies related to energy, transport, and digital infrastructure while delivering attractive returns for its investors. Unlike purely commercial investment funds, Marguerite Finance operates with a distinct policy objective alongside its financial goals.

The fund’s name originates from Marguerite Perey, a French physicist and the first woman to be admitted to the Académie des Sciences in France, symbolizing the innovative and forward-thinking nature of the fund’s investments.

Investment Strategy and Focus

Marguerite Finance primarily focuses on mature, operational infrastructure assets. This means they tend to invest in projects that are already generating revenue and have established operational track records. This strategy helps to mitigate risks associated with greenfield (new) projects and provides a more predictable return profile.

The key sectors that Marguerite Finance targets include:

Energy: Renewable energy generation (wind, solar, hydro), energy transmission and distribution networks, energy storage.
Transport: Roads, railways, ports, airports, and related infrastructure.
Digital: Broadband networks, data centers, and other digital infrastructure assets.

Within these sectors, Marguerite Finance typically seeks to acquire minority or majority equity stakes in established companies or special purpose vehicles (SPVs) that own and operate the infrastructure assets. Their investments are long-term, aligning with the typical lifespan of infrastructure projects.

Key Features and Objectives

Several key features distinguish Marguerite Finance from other infrastructure investment funds:

EU Policy Alignment: The fund actively supports EU policies related to sustainable development, climate action, and economic growth. Its investments are often aligned with the EU’s Trans-European Networks (TEN-E and TEN-T) programs.
Long-Term Perspective: Marguerite Finance adopts a long-term investment horizon, typically holding assets for 10 years or more. This reflects the long-term nature of infrastructure projects and allows for the realization of sustainable returns.
Experienced Management Team: The fund is managed by a team of experienced infrastructure investment professionals with a strong track record.
Commitment to Sustainability: Marguerite Finance integrates environmental, social, and governance (ESG) factors into its investment decision-making process. They aim to promote sustainable infrastructure development and minimize the environmental impact of their investments.

Benefits of Marguerite Finance

Marguerite Finance offers several benefits for both investors and the broader European economy:

Diversification: Infrastructure investments provide diversification benefits for institutional investors due to their low correlation with traditional asset classes.
Stable Returns: Mature infrastructure assets typically generate stable and predictable cash flows, providing a reliable source of income for investors.
Economic Development: Infrastructure investments contribute to economic growth by improving connectivity, facilitating trade, and creating jobs.
Sustainable Development: Marguerite Finance supports sustainable infrastructure development, contributing to the EU’s climate and energy targets.

In conclusion, Marguerite Finance plays a significant role in financing essential infrastructure projects across Europe. By combining financial discipline with a commitment to EU policy objectives, it contributes to sustainable economic growth and a more connected and resilient European Union.