Talde Enhances SME Financing with €20 Million Boost for Sustainability
Deal News | Jun 11, 2025 | Talde Gestion SGEIC SA
The European Investment Fund (EIF) has invested €20 million from the Spanish Regional Resilience Fund into Talde Deuda Alternativa II, a private debt fund managed by Talde Gestion. This fund targets a volume of €100 million, primarily assisting small and medium-sized enterprises (SMEs) in Spain focused on sustainability. The investment is part of the Alternative Lending for Sustainable Development instrument, aiming to offer SMEs diverse financial solutions alongside bank financing, particularly in the fields of sustainability, energy efficiency, and circular economy. The EIF's investment follows a prior €15 million commitment, bringing its total investment to €35 million. The Talde Deuda Alternativa II fund will make at least 20 investments ranging from €2 million to €7 million, promoting long-term senior loans with a diversified strategy concentrated on collateralised senior debt. The fund includes investments from Kutxabank and various institutional, family office, and retail investors. Spain's Regional Resilience Fund, under the guidance of the Spanish Ministry of Economy, Trade and Enterprise, collaborates with the EIF to enhance financing options for sustainable and competitive SMEs, thereby complementing the nation's Recovery, Transformation, and Resilience plans.
Sectors
- Private Debt and Alternative Finance
- Sustainability and Environmental Finance
Geography
- Spain – The fund and the investment are primarily focused on financing SMEs within Spain.
Industry
- Private Debt and Alternative Finance – This article discusses the investment in a private debt fund that provides alternative financing solutions to SMEs.
- Sustainability and Environmental Finance – The focus of the article is on supporting SMEs in sustainability, energy efficiency, and circular economy.
Financials
- €20 million – EIF's investment in Talde Deuda Alternativa II as part of the Alternative Lending for Sustainable Development instrument.
- €100 million – The target volume of the Talde Deuda Alternativa II fund.
- €35 million – Total EIF participation in Talde Deuda Alternativa II, combining current and previous investments.
- €3.4 billion – Total financing available under the Regional Resilience Fund including various mechanisms.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Talde Gestion SGEIC SA | Fund Manager | Company | A company managing the Talde Deuda Alternativa II fund, focused on providing private debt solutions to SMEs. |
| European Investment Fund (EIF) | Investor | Company | Part of the European Investment Bank Group, it invests in the fund to support SMEs focusing on sustainability. |
| Kutxabank | Investor | Company | A strategic and anchor investor in the Talde Deuda Alternativa II fund with a €20 million commitment. |
| Spanish Ministry of Economy, Trade and Enterprise | Government Entity | Government | A government entity leading the Regional Resilience Fund, aiming to enhance financing for sustainable projects. |
| Ins Carpio | Interviewee/Commentator | Person | Director General of International Financing at the Spanish Treasury. |
| Marco Marrone | Interviewee/Commentator | Person | Chief Investment Officer at the European Investment Fund (EIF). |
| Idoia Bengoa Simón | Interviewee/Commentator | Person | Managing Director at Talde, commenting on the fund's strategy and objectives. |