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CNP Assurances and Meridiam help finance the energy transition by launching Meridiam Transition

CNP Assurances, the leading personal insurer in France, operating in Europe and Latin America and the project organiser, along with management company Meridiam, announces the launch of the Meridiam Transition fund.

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In the context of the COP 21, this fund intends to offer an innovative response to the challenges of the energy
transition by contributing to the financing of greenfield investment projects and is open to all institutional investors
wishing to contribute to financing the ecological and energy transition.

Meridiam Transition will mainly target innovative development projects in the field of energy efficiency, local energy
services (particularly heating networks as well as energy recovery from waste), power and gas grids and innovative
renewable energies.

The fund will offer long-term support (based on a 20-year investment horizon) to projects of a fairly modest size but
with a significant regional impact, in France and the European Union.

“CNP Assurances took the initiative of launching this green infrastructure fund, which is designed to invest in local
projects in France and which could soon reach €500 million. As an institutional investor, we believe that it is both
our responsibility and in our interest as a long-term player to contribute to developing new financing models to
respond to the challenges of energy transition and climate change”
, declared Frédéric Lavenir, CEO of
CNP Assurances.

“The energy transition, and the associated challenge of climate change, is also a fantastic chance to offer long-term
investment opportunities to institutional investors and to create a virtuous circle between savings and local projects.
Through Meridiam Transition, we are delighted to be able to offer French institutional investors a chance to be part
of this virtuous circle”
, says Thierry Déau, Meridiam founder and CEO.

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