The EDF nuclear giant and the French French Fund Soparex announced on Tuesday the launch of a second investment fund to meet the immense financial needs of the industrial sector that requested to participate in the recovery of nuclear in France. The “vocation” of Nuclear France 2 Fund 2 (FFN2) is to support SME and ETI (intermediate size companies) “with significant knowledge in nuclear” to meet the “growing needs of the sector, which contributes to the challenges of sovereignty,” said the common press statement.
It is “continuity of the France Nuclear Fund, launched in October 2021, which completed its deployment at the end of 2024 through 11 investments in companies representative of the diversity of operations in the sector”, according to the same source.
Up to 50 million euros invested
This FFN2 target of 300 million euros has already gathered 100 million euros during a first round of the table that combines “EDF, first investor of the fund, Framatome, Orano and Technicatome, main orders of the nuclear sector, as well as SiParex Associés, Sponsor of the Funds of the Saparex Group”. This fund can invest up to 50 million euros.
This second fund has already carried out a first investment in Ekoscan Integrity Group, a global provider of advanced non -destructive control solutions for industrial applications and critical infrastructure, together with the founder of the company and the Ekoscan Integrity, Eurazeo management team, as well as Aliad (air -liquidation capital capital), indicate EDF and Soparex. According to the press release, the French nuclear sector is the third industrial sector in France, with more than 2,000 companies and 220,000 employees. The construction program only of the 6 new EPR2 nuclear reactors announced only in 2022 by Emmanuel Macron could cost 100 billion euros.
Source: BFM TV
