Baross Gábor Program Plows HUF 200 bln Into Green Funds
The Baross Gábor Capital Program, launched a year ago to buoy the economy, is putting HUF 200 bln into funds that will support corporate investments in the green economy and green energy, the coordinator of the funding, National Capital Holding, said on Wednesday.
Four funds will each be allocated HUF 50bn in the framework of the Green Funds Capital Programme. Private sector participation has been set at a minimum 30% or HUF 60 bln.
The first fund, CLM Future Private Equity Fund, has been registered and will be managed by Indotek-Investment, a fund manager with a staff of more than 600.
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