16 July 2024
Sequoia Economic Infrastructure Income Fund Limited
(the “Company”)
Californian License
The Board of SEQI, the specialist investor in economic infrastructure debt, is pleased to announce that its wholly-owned subsidiary, Sequoia IDF Holdings S.A., has received a finance lender license under the Californian Financing Law. This will enable the Company to greatly increase the scope of its current pipeline of opportunities in California, and provides the Company with a competitive advantage over non-licenced lenders.
California is one of the largest and fastest-growing markets for infrastructure finance in the US and, were it a country, would rank as the world’s fifth largest economy. Target sectors for the Company in California include energy transition (including renewable energy), digitalisation and transport infrastructure.