# CIC Transition Infra Debt 2

> CIC Transition Infra Debt 2 is an Article 9 SFDR, impact-oriented junior/mezzanine infrastructure-debt fund managed by CIC Private Debt to finance renewable-energy and climate-transition infrastructure in France and internationally.

Company page on Leadbay: https://mad-max.leadbay.ai/company/cic-privatedebt.eu · loaded 2026-10-31

## At a glance

- Website: https://cic-privatedebt.eu
- Team based in: Paris (Leadbay's record and 2 more)
- Incorporated: Paris, France (register)
- Registry: SIREN 914 274 931
- Founded: 2003 (cic-privatedebt.eu and 1 more)
- Industry: Venture Capital and Private Equity Principals
- Employees: 51 (employees and founders, investors not counted; cic-privatedebt.eu and 1 more)
- Backed by: CIC / Crédit Mutuel group
- Address: 60 RUE DE LA VICTOIRE, 75009, PARIS, fr

## What it sells, to whom

- CIC Transition Infra Debt 2 is an Article 9 SFDR, impact-oriented junior/mezzanine infrastructure-debt fund managed by CIC Private Debt to finance renewable-energy and climate-transition infrastructure in France and internationally. ([cic-privatedebt.eu](https://www.cic-privatedebt.eu/partage/fr/CSD-CIC/CIC-PRIVATE-DEBT/telechargements/CIC%20Transition%20Infra%20Debt%202_1er%20closing.pdf), [cic-privatedebt.eu](https://www.cic-privatedebt.eu/fr/presentation.html), [cic-privatedebt.eu](https://www.cic-privatedebt.eu/en/about-us.html))

## Products and services

- Junior/mezzanine debt financing for core infrastructure and energy-transition projects. ([cic-privatedebt.eu](https://www.cic-privatedebt.eu/partage/fr/CSD-CIC/CIC-PRIVATE-DEBT/telechargements/CIC%20Transition%20Infra%20Debt%202_1er%20closing.pdf), [cic-privatedebt.eu](https://www.cic-privatedebt.eu/fr/presentation.html), [cic-privatedebt.eu](https://www.cic-privatedebt.eu/en/about-us.html))
- **Focus areas**: renewable-energy generation and projects combating climate change, including solar PV, biogas, and green mobility. ([cic-privatedebt.eu](https://www.cic-privatedebt.eu/partage/fr/CSD-CIC/CIC-PRIVATE-DEBT/telechargements/CIC%20Transition%20Infra%20Debt%202_1er%20closing.pdf), [cic-privatedebt.eu](https://www.cic-privatedebt.eu/fr/presentation.html), [cic-privatedebt.eu](https://www.cic-privatedebt.eu/en/about-us.html))
- **Geography**: France and international markets. ([cic-privatedebt.eu](https://www.cic-privatedebt.eu/partage/fr/CSD-CIC/CIC-PRIVATE-DEBT/telechargements/CIC%20Transition%20Infra%20Debt%202_1er%20closing.pdf), [cic-privatedebt.eu](https://www.cic-privatedebt.eu/fr/presentation.html), [cic-privatedebt.eu](https://www.cic-privatedebt.eu/en/about-us.html))
- **Vehicle**: SLP (société de libre partenariat). ([cic-privatedebt.eu](https://www.cic-privatedebt.eu/partage/fr/CSD-CIC/CIC-PRIVATE-DEBT/telechargements/CIC%20Transition%20Infra%20Debt%202_1er%20closing.pdf), [cic-privatedebt.eu](https://www.cic-privatedebt.eu/fr/presentation.html), [cic-privatedebt.eu](https://www.cic-privatedebt.eu/en/about-us.html))
- **ESG framework**: Article 9 SFDR, with climate-impact and EU-taxonomy requirements. ([cic-privatedebt.eu](https://www.cic-privatedebt.eu/partage/fr/CSD-CIC/CIC-PRIVATE-DEBT/telechargements/CIC%20Transition%20Infra%20Debt%202_1er%20closing.pdf), [cic-privatedebt.eu](https://www.cic-privatedebt.eu/fr/presentation.html), [cic-privatedebt.eu](https://www.cic-privatedebt.eu/en/about-us.html))

## Customers and markets

- **Customers**: Verso Energy — €19m junior debt for a 905 MW French solar-project pipeline., CVE / CVE Biogaz — financing for French photovoltaic and biogas assets; a 2026 transaction provided €7m mezzanine debt for 102 MW of solar plants., Langa International — named as a July transaction in CIC Private Debt’s newsletter., Paprec (La Foncière Verte) — named as a July transaction in CIC Private Debt’s newsletter. ([linkedin.com](https://www.linkedin.com/posts/cic-private-debt_cic-transition-infra-debt-2-provides-verso-activity-7420090706427551744-cgBx), [cic-privatedebt.eu](https://www.cic-privatedebt.eu/partage/fr/CSD-CIC/CIC-PRIVATE-DEBT/assets/articles/actualites/Newsletter/CIC_Private_Debt_Newsletter_1.pdf), [linkedin.com](https://www.linkedin.com/posts/cic-private-debt_cic-transition-infra-debt-2-supports-cve-activity-7425547912937394176-scgV))
- **Markets**: France: renewable solar, biogas/biomethane and other transition infrastructure. ([cic-privatedebt.eu](https://www.cic-privatedebt.eu/partage/fr/CSD-CIC/CIC-PRIVATE-DEBT/telechargements/CIC%20Transition%20Infra%20Debt%202_1er%20closing.pdf), [cic-privatedebt.eu](https://www.cic-privatedebt.eu/partage/fr/CSD-CIC/CIC-PRIVATE-DEBT/assets/articles/actualites/Newsletter/CIC_Private_Debt_Newsletter_1.pdf), [cvegroup.com](https://www.cvegroup.com/en/cve-raises-202-m-to-finance-203-mwc-of-solar-power-plants-mwc/))
- **Markets**: Europe/international: renewable-energy and climate infrastructure, with the fund explicitly intended for France and abroad. ([cic-privatedebt.eu](https://www.cic-privatedebt.eu/partage/fr/CSD-CIC/CIC-PRIVATE-DEBT/telechargements/CIC%20Transition%20Infra%20Debt%202_1er%20closing.pdf), [cic-privatedebt.eu](https://www.cic-privatedebt.eu/partage/fr/CSD-CIC/CIC-PRIVATE-DEBT/assets/articles/actualites/Newsletter/CIC_Private_Debt_Newsletter_1.pdf), [cvegroup.com](https://www.cvegroup.com/en/cve-raises-202-m-to-finance-203-mwc-of-solar-power-plants-mwc/))

## Team

- Guillaume Rico, Directeur Général
- François Petit, Président
- Benoît De La Bourdonnaye, Chief Data Officer
- Alexandre Cosson, Directeur d'Investissement
- Erwin Schreiber, Investment Director DACH I Direct Lending
- Baptiste Robin, Investment Director
- Pierre-Jean Mouesca, Directeur d'Investissement

Backed by: CIC / Crédit Mutuel group

## Latest news

- 2025-01-15 · [Financement de 202 M€ de centrales solaires en France - CVE Group](https://www.cvegroup.com/cve-leve-202-m-pour-financer-203-mwc-de-puissance-photovoltaique-mwc/) (cvegroup.com)
- 2025-01-15 · [Financing of €202 million solar power plants in France - CVE Group](https://www.cvegroup.com/en/cve-raises-202-m-to-finance-203-mwc-of-solar-power-plants-mwc/) (cvegroup.com)
- 2024-07-21 · [CIC Private Debt se repositionne sur la dette junior d’infrastructures - PE Magazine](https://www.pemagazine.fr/nzu2mw-cic-private-debt-se-repositionne-sur-la-dette-junior-d-infrastructures/) (pemagazine.fr)
- 2022-07-18 · [Allen & Overy conseille CIC Private Debt sur la création et structuration d’un fonds à impact - LE MONDE DU DROIT - Le magazine des professionnels du droit](https://www.lemondedudroit.fr/deals/82779-allen-overy-conseille-cic-private-debt-creation-structuration-fonds-a-impact.html) (lemondedudroit.fr)
- 2022-06-15 · [Premier closing pour CIC Transition Infra Debt 2 | CFNEWSINFRA](https://www.cfnewsinfra.net/L-actualite/Exclusifs/Premier-closing-pour-CIC-Transition-Infra-Debt-2-484961) (cfnewsinfra.net)

## Where to find more

- [This page in Markdown, for agents](https://mad-max.leadbay.ai/company/cic-privatedebt.eu.md)

## Decision makers

- [Guillaume Rico](https://mad-max.leadbay.ai/person/guillaume-rico--cic-privatedebt.eu.md), Directeur Général
- [François Petit](https://mad-max.leadbay.ai/person/francois-petit--cic-privatedebt.eu.md), Président
- [Benoît De La Bourdonnaye](https://mad-max.leadbay.ai/person/benoit-de-la-bourdonnaye--cic-privatedebt.eu.md), Chief Data Officer
- [Alexandre Cosson](https://mad-max.leadbay.ai/person/alexandre-cosson--cic-privatedebt.eu.md), Directeur d'Investissement
- [Erwin Schreiber](https://mad-max.leadbay.ai/person/erwin-schreiber--cic-privatedebt.eu.md), Investment Director DACH I Direct Lending
- [Baptiste Robin](https://mad-max.leadbay.ai/person/baptiste-robin--cic-privatedebt.eu.md), Investment Director
- [Pierre-Jean Mouesca](https://mad-max.leadbay.ai/person/pierre-jean-mouesca--cic-privatedebt.eu.md), Directeur d'Investissement

Work emails and direct phones come with a Leadbay account: https://wow.leadbay.ai/?register=true

Where it comes from: 8 sites read (cic-privatedebt.eu, cvegroup.com, linkedin.com, cfnewsinfra.net, lemondedudroit.fr, pemagazine.fr, la-francaise.com, fr.linkedin.com), the French register and the BODACC.

## Best angle

2026-10-31 · Headcount: Headcount up 11% in a year (1 source)

## Signals: what happened

- 2026-10-31 · Headcount: Headcount up 11% in a year (1 source: [A company database](https://cic-privatedebt.eu/))
- 2026-01-22 · Fundraising: CIC Transition Infra Debt 2 provides Verso Energy with €19m of junior debt to finance the development of their solar PV pipeline in France. (2 sources: [linkedin.com](https://www.linkedin.com/posts/cic-private-debt_cic-transition-infra-debt-2-provides-verso-activity-7420090706427551744-cgBx), [linkedin.com](https://www.linkedin.com/posts/cic-private-debt_cic-transition-infra-debt-2-supports-cve-activity-7425547912937394176-scgV))
- 2026-01-22 · News: Great energy transition deal from our pan-European Infra Debt team! (1 source: [linkedin.com](https://www.linkedin.com/posts/erwin-schreiber-86b63427_great-energy-transition-deal-from-our-pan-european-activity-7420120242351230976-HcTx))
- 2025-04-30 · News: Merci encore à nos clients pour la confiance qu’ils nous accordent. (1 source: [fr.linkedin.com](https://fr.linkedin.com/posts/laurent-haziza-00515a24_cic-private-debt-collecte-610-millions-d-activity-7323330417795788800-6xJc))
- 2025-01-15 · Fundraising: Financement de 202 M€ de centrales solaires en France (1 source: [cvegroup.com](https://www.cvegroup.com/cve-leve-202-m-pour-financer-203-mwc-de-puissance-photovoltaique-mwc/))
- 2025-01-15 · News: CIC Private Debt est fière d’avoir participé à cette opération en dette junior via CIC Transition Infra Debt 2. (1 source: [fr.linkedin.com](https://fr.linkedin.com/posts/cic-private-debt_cic-private-debt-est-fi%C3%A8re-davoir-particip%C3%A9-activity-7285290254889070592-jDqe))
- 2024-07-21 · News: CIC Private Debt se repositionne sur la dette junior d’infrastructures (1 source: [pemagazine.fr](https://www.pemagazine.fr/nzu2mw-cic-private-debt-se-repositionne-sur-la-dette-junior-d-infrastructures/))
- 2022-07-18 · News: Allen & Overy conseille CIC Private Debt sur la création et structuration d’un fonds à impact - LE MONDE DU DROIT (1 source: [lemondedudroit.fr](https://www.lemondedudroit.fr/deals/82779-allen-overy-conseille-cic-private-debt-creation-structuration-fonds-a-impact.html))
- 2022-06-17 · Fundraising: The CIC Private Debt teams are proud to announce the 1st closing of the "CIC Transition Infra Debt 2" fund at €100 million. When things are tough out there (1 source: [linkedin.com](https://www.linkedin.com/posts/steve-dunn-london_thecic-private-debtteams-are-proud-to-announce-activity-6943575956640956416-KIQR))
- 2022-06-15 · News: Premier closing pour CIC Transition Infra Debt 2 (1 source: [cfnewsinfra.net](https://www.cfnewsinfra.net/L-actualite/Exclusifs/Premier-closing-pour-CIC-Transition-Infra-Debt-2-484961))
- 2022-06-15 · News: 📢 Les équipes de CIC Private Debt sont fières d'annoncer le 1er closing du fonds « CIC Transition Infra Debt 2 » à 100 M€. (1 source: [linkedin.com](https://www.linkedin.com/feed/update/urn:li:activity:6942835333046661120))

## Solvency

From the national register (INSEE, INPI) and the BODACC, read 2026-10-31. SIREN 914274931.

- Status: active, registered 2022-05-31
- Procédures collectives: none in the BODACC (no sauvegarde, redressement or liquidation judiciaire)
- Accounts filed (comptes déposés): none published in the BODACC
- Legal officers: CIC PRIVATE DEBT, Gérant; PRICEWATERHOUSECOOPERS AUDIT, Commissaire aux comptes titulaire; CIC INFRA JUNIOR GP, Autre
- Grade (Jev): D, high risk
- Risk of failure within 12 months (Jev, read 2026-10-25): 20%
- Risk of paying 90 days late within 12 months (Jev): 23%
- Pays its invoices (Jev): Within 30 days
- Cash on hand (Jev): Over 24 months of spending
- Debt (Jev): No financial debt
- What Jev read: Active, created 2022-05-31; No procédure collective in the BODACC

## Working on now

- Core infrastructure and energy-transition debt: renewable-energy production, climate-change mitigation, and other public-utility infrastructure, with strict ESG/taxonomy screening.
- France remains the clearest active market: the fund participated in CVE’s €202 million French solar portfolio financing announced January 2025.
- International European renewable infrastructure is also in scope; Waga Energy’s green loan supports projects in France, Spain, Italy, Canada and the United States, with CIC Transition Infra Debt 2 joining the enlarged facility.
- The infrastructure strategy has expanded toward green mobility/rail assets, including financing for private rail operators and rolling stock.
- The fund appears to be in run-off rather than active fundraising/investment: CIC’s current presentation labels CIC Transition Infra Debt 2 “SLP – run-off period,” while CIC Transition Infra 3 is the fundraising/investment vehicle.

From: [FOREWORD](https://www.cic-privatedebt.eu/partage/fr/CSD-CIC/CIC-PRIVATE-DEBT/assets/articles/actualites/Newsletter/CIC_Private_Debt_Newsletter_1.pdf), [Financing of €202 million solar power plants in France - CVE Group](https://www.cvegroup.com/en/cve-raises-202-m-to-finance-203-mwc-of-solar-power-plants-mwc/), [BIOENERGY](https://alderbioinsights.co.uk/wp-content/uploads/2025/04/NNFCC_News_Reviews_Bioenergy_April_2025.pdf), [NEWSLETTER](https://www.cic-privatedebt.eu/partage/fr/CSD-CIC/CIC-PRIVATE-DEBT/assets/articles/actualites/Newsletter/CIC_Private_Debt_Newsletter_2.pdf), [News| CM-CIC Private Debt](https://www.cic-privatedebt.eu/en/news.html)

## Summary

CIC Transition Infra Debt 2 is an impact-focused investment fund managed by CIC Private Debt, a subsidiary of Crédit Mutuel Alliance Fédérale. Classified under Article 9 of the SFDR, the fund provides junior and mezzanine debt to finance infrastructure projects dedicated to renewable energy production and climate change mitigation in France and internationally. The fund is managed by an experienced team led by Sylvie Chaussin and Mark Palin. Its primary customers are infrastructure developers and energy companies, such as Verso Energy and CVE, which receive capital to support projects like solar power plants and biogas facilities. The fund competes with other infrastructure and transition-focused debt providers. Recent activity includes a 19 million euro investment in Verso Energy for solar pipeline development (January 2026) and a 7 million euro mezzanine debt package for CVE to finance photovoltaic units (February 2026). The fund targets a total size of 300 million euros and aims for a gross annual return of approximately 8 percent.

[1]: https://www.cic-privatedebt.eu/partage/fr/CSD-CIC/CIC-PRIVATE-DEBT/telechargements/CIC%20Transition%20Infra%20Debt%202_1er%20closing.pdf "CIC Private Debt annonce le 1 closing de son fonds « CIC Transition Infra Debt 2 » à 100 M€"
[2]: https://www.cic-privatedebt.eu/en/financing-infrastructure.html "Financing Infrastructure | CIC Private Debt"
[3]: https://www.cic-privatedebt.eu/en/about-us.html "About us | CIC Private Debt"
[4]: https://www.lemondedudroit.fr/deals/82779-allen-overy-conseille-cic-private-debt-creation-structuration-fonds-a-impact.html "Allen & Overy conseille CIC Private Debt sur la création et structuration d’un fonds à impact - LE MONDE DU DROIT - Le magazine des professionnels du droit"
[5]: https://www.linkedin.com/posts/cic-private-debt_cic-transition-infra-debt-2-provides-verso-activity-7420090706427551744-cgBx "CIC Transition Infra Debt 2 provides Verso Energy with €19m of junior debt to finance the development of their solar PV pipeline in France.

✅ CIC Private Debt, through its CIC Transition Infra debt… | CIC Private Debt"
[6]: https://www.linkedin.com/posts/cic-private-debt_cic-transition-infra-debt-2-supports-cve-activity-7425547912937394176-scgV "CIC Transition Infra Debt 2 supports CVE (Changeons Notre Vision de l'Energie) with a €7m mezzanine debt to finance 102MW of solar plants."
[7]: https://www.cic-privatedebt.eu/partage/fr/CSD-CIC/CIC-PRIVATE-DEBT/assets/articles/actualites/Newsletter/CIC_Private_Debt_Newsletter_1.pdf "FOREWORD"
[8]: https://www.cvegroup.com/cve-leve-202-m-pour-financer-203-mwc-de-puissance-photovoltaique-mwc/ "Financement de 202 M€ de centrales solaires en France - CVE Group"

## Sources

- [Cic Transition Infra Debt 2's website](https://cic-privatedebt.eu)
- [Company record, via Exa](https://cic-privatedebt.eu/)
- [Financing of €202 million solar power plants in France - CVE Group](https://www.cvegroup.com/en/cve-raises-202-m-to-finance-203-mwc-of-solar-power-plants-mwc/)
- [BIOENERGY](https://alderbioinsights.co.uk/wp-content/uploads/2025/04/NNFCC_News_Reviews_Bioenergy_April_2025.pdf)
- [NEWSLETTER](https://www.cic-privatedebt.eu/partage/fr/CSD-CIC/CIC-PRIVATE-DEBT/assets/articles/actualites/Newsletter/CIC_Private_Debt_Newsletter_2.pdf)
- [News| CM-CIC Private Debt](https://www.cic-privatedebt.eu/en/news.html)