Green Fund

SmartCap announces that new fund investments from the Green Fund are now closed.

SmartCap is no longer accepting new investment applications under the Green Fund, following the scheduled exhaustion of the capital allocated for fund investments, as well as the successful fulfilment of the Green Fund’s strategic, financial, and impact objectives. All available funding for fund investments has been committed in accordance with the fund’s mandate, investment strategy, and applicable regulatory conditions under the RRF framework.¹

Accordingly, the Green Fund has reached the end of its investment period for fund investments and no further fund investment commitments will be made under from SmartCap Green Fund.

¹The SmartCap Green Fund is financed by the European Union’s NextGenerationEU Recovery and Resilience Facility (RRF) with the objective of accelerating Estonia’s transition towards a greener and more sustainable economy. As an EU-financed instrument, the Green Fund operates within a defined regulatory and policy framework, including strict requirements regarding the timeline for capital deployment and the achievement of agreed milestones.