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eeef Annual Report 2015

The European Energy Efficiency Fund S.A., SICAV-SIF was initiated by the European Commission in co- operation with the European Investment Bank. The initial capital provided by the European Commission (€125.0m) was increased by contributions from sponsors European Investment Bank (€75.0m) and Cassa Depositi e Prestiti (€59.9m) as well as the Fund’s Investment Manager, Deutsche Bank (€5.0m). The eeef then started its fundraising activities, aiming to ensure constant investor commitments from the private and public sectors and to grow the Fund sustainably. 2015 Activities Report: Funding 31