BNP Paribas Asset Management (BNPP AM) has launched the BNP Paribas Low Carbon Transition Infra Equity Fund I with a target of €750M to support Europe's energy transition. The fund, backed by a €400M anchor commitment from the BNP Paribas Group, focuses on clean energy, sustainable mobility, and circular economy projects across Europe. It aims to invest in sectors like batteries, hydrogen, and carbon capture to build a diverse portfolio of 8-12 equity investments in mid-market infrastructure projects. Early investments include acquiring stakes in renewable energy projects in Italy and France, supporting solar, wind, and rooftop photovoltaic solutions. The fund prioritizes ESG-driven investments and is classified as Article 8 under the SFDR, ensuring a focus on projects critical for achieving low-carbon goals. Managed by David Bouchoucha, the fund aims to contribute to a more sustainable future while creating value for investors and supporting Europe's energy transition.