Call for Expressions of Interest: European Private Investors for Trans-Mediterranean Renewable Energy and Clean Tech Cooperation Initiative (T-MED) Investment Platform

1. Purpose of the Call

As part of our objectives under the Pact for the Mediterranean and the Global Gateway strategy, the European Commission seeks to engage with private financial institutions and investment funds interested in renewable energy and clean tech opportunities across the Middle East and North Africa region.

The EU's Trans-Mediterranean Renewable Energy and Clean Tech Cooperation Initiative (T-MED) offers a unique opportunity for cooperation between the EU and its partners in the Southern Neighbourhood, including North Africa, the Middle East, and the Gulf. These regions hold some of the world's best conditions for cost-competitive renewable electricity and hydrogen production, presenting significant opportunities for investment and growth.

Through recent strategic comprehensive partnerships, the EU and its Southern Mediterranean partners have underscored the geostrategic importance of their cooperation for stability and peace in the Euro-Mediterranean region. Built on principles of equity, mutual respect, and trust, these partnerships address common strategic interests such as climate change, economic development, and security, supported by enhanced financial and policy cooperation from the EU.

The EU sees the transition to renewable energy as a key priority and opportunity for the Southern Neighbourhood, with immense potential for the deployment of renewables. Renewable energy is a catalyst for sustainable growth and socio-economic development in this region, benefiting consumers and driving industrial development.

To operationalise this initiative, the European Commission is setting up the T-MED Investment Platform — a new coordination mechanism aimed at identifying high-impact private investments, facilitating access to finance, and connecting project promoters with EU institutions and partner financial institutions. 

Through this Call for Expressions of Interest, the European Commission (DG MENA) invites European private investors, including commercial banks, infrastructure funds, pension funds, impact investors, insurance companies, and other institutional investors, to express their interest in participating in the T-MED Investment Platform.

The objective of the Call is to identify qualified institutional and private investors willing to consider deployment of capital in line with T-MED priorities and to participate in the Platform’s activities, which will include:

• Reviewing and discussing investment opportunities within the T-MED project pipeline.
• Collaborating with International Financial Instruments (IFIs) and project promoters on financial structuring of investment operations.
• Contributing to the design of innovative investment vehicles and risk-sharing mechanisms (e.g. blended finance, guarantees, syndications, or equity schemes)

This Call does not constitute a formal funding mechanism and does not entail any financial commitment from the European Commission or its partners. Participation does not create any form of partnership, joint venture, or any other legal relationship between the Applicant and the European Commission. 

A dedicated factsheet outlining EU financial instruments relevant to this initiative is available here for further reference.

All applications presented to the European Commission will be reviewed equally and fairly, based on the information provided and the criteria outlined in this Call. Submissions will be treated confidentially and used solely to assess the potential for alignment with the T-MED initiative and broader EU objectives.

2. Priority Investment Areas

The work of the Investment Platform focuses on investments aligned with the Trans-Mediterranean Renewable Energy and Clean Tech Cooperation initiative, including:

• Renewable energy development, particularly solar and wind power, to support the transition to a low-carbon economy and increase energy security in the region.
• Energy transmission and distribution systems, including (smart) grids, interconnectors, and storage solutions, control and dispatch centres to facilitate the integration of renewable energy sources and ensure reliable energy supply.
• Clean tech manufacturing, including the production of clean technologies¹ such as solar panels, wind turbines, and hydrogen fuel cells, to support the development of a low-carbon economy and create jobs in the region.
• Hydrogen production, transportation, and use, including the development of infrastructure for hydrogen production, transportation, and storage, to support the transition to a low-carbon economy and increase energy security in the region.

3. Eligibility Criteria for Applicants

To ensure a structured and transparent assessment, the following criteria apply: 

• Type of Applicant: private investors, commercial banks, institutional investors, investment funds, or other financial intermediaries with a probable investment mandate in infrastructure, renewable energy, or clean tech sectors.
• Geographic Focus: investment interests must cover one or more of the following countries covered under the Pact for the Mediterranean: Algeria, Egypt, Israel, Jordan, Lebanon, Libya, Morocco, Palestine², Syria, and Tunisia.
• Private Sector:  Eligible Applicants to the Call shall possess a valid VAT registration number and Transparency Registration number or application submitted to obtain a Transparency Registration number. Entities listed in the Early Detection and Exclusion System (EDES)³ database are excluded from this Call for Expressions of Interest.
• Nationality: applicants must be European-based (real legal seat/legal incorporation located in one of the European countries). For the avoidance of doubt, ‘real legal seat’ must be understood as the place where its managing board and central administration, or its principal place of business, are located. Non-European-based applicants are welcome to submit an interest in the Investment Platform and will be taken into consideration for future reference, but not as part of this Call.
• ESG Commitment:applicants are expected to adhere to recognised environmental, social and governance (ESG) considerations and relevant EU sustainable finance principles (e.g. EU Taxonomy).

4. Priority Considerations

While this Call is open to all eligible European investors, particular priority will be given to:

• Investors with a proven track record of deploying capital in the MENA region or similar emerging markets,
• Funds and institutions with active mandates to invest in renewable energy or clean tech infrastructure,
• Investors open to blended finance approaches and collaboration with IFIS or development finance institutions,
• Entities demonstrating a clear sustainability focus or alignment with EU green transition objectives

5. Guidance for Application

Interested investors are invited to submit their application using the EU Survey link below. 

Proposals, all correspondence, and documents related to this Call exchanged between Applicants and DG MENA must be written in English.

6. Timeline

The submission form portal is open until 15 June 2026, 12:00 (Brussels time). 

Participants may submit requests for clarification regarding this Call for Expressions of Interest in writing to: MENA-TMEDec [dot] europa [dot] eu (MENA-TMED[at]ec[dot]europa[dot]eu) 10 days prior to the date of closure of the call. Clarifications will be published on this page. The Commission reserves the right to update the Call for Expression of Interest and its documents on the basis of the received requests of clarification. 

Eligible Applicants will receive feedback on the policy alignment of their submission within 60 working days following the Call's closing date.

Applicants will be notified of the outcome of this assessment by e-mail. The notification will be sent to the e-mail address provided in the EU survey. It is the Applicant’s responsibility to provide a valid e-mail address and to check it regularly.