High-return infrastructure

Tailor-made financing solutions to optimise the use of capital in infrastructure projects

We invest in essential assets to support the energy transition

We offer high return debt in the infrastructure sector, an attractive segment that is supported by positive long-term trends in the energy transition. There is a significant need for capex and there are many financing opportunities.

The transactions that we finance are rigorously structured to ensure against risks of underperformance. They are predominantly senior and have a long duration, providing strategic flexibility in adverse situations. They are also essential for the society.

High-return infrastructure history

Launch of Rivage Euro Debt Infrastructure High Return
Hard cap reached at EUR 400m
Healthcare infrastructures
Financing of a fleet of ambulance aircraft operating in Scandinavia under long-term service contracts with public authorities
REDI HR primarily unitranche debt
Among the 3 types of debt (unitranche/holdco/junior) initially planned, we prefer robustness - over 50% of investments are unitranche
Long-term relations with borrowers
1st financing of a portfolio of PV plants owned by the Operator, the portfolio will grow and additional financing will be provided by several Rivage funds
A natural pipeline of renewable energy
Over 80% of REDI HR2 is dedicated to financing solar and wind projects
Launch of REDI HR3
Scheduled for Q4'2024

We focus on high relative value transactions

with high barriers to entry and where the implementation of a complex financing solution is required
Direct origination
of medium size transactions, where we can act as sole lender
Proactive investor
We are able to arrange and secure transactions where we can act at different stages: from development stage assets to mature brownfield assets
Higher returns
The complexity of the transactions and the illiquidity premiums justify the significant spread pick-up in transactions financed by Rivage Investment
Resilient credit profile
The crucial role of safeguards in project finance transactions (monitoring of covenants, security packages, etc.) even in high return transactions lead to low potential losses
Low regulatory capital cost
For our institutional investors, high-return transactions have a favourable regulatory capital charge treatment
A matter-of-course green sourcing
The EU's "Fit for 55" policy provides strong support to renewable energy developments. We benefit from this strong momentum: our main high-return multi-investor fund is largely deployed in renewable energy

Our high-return infrastructure investments extend across Europe