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Energy-as-a-Service Golden Visa Investment Funds

Compare 2 Energy-as-a-Service investment funds for Golden Visa applications.

QC

PEEIF III - Portuguese Energy Efficiency Investment Fund III

GV-intended (manager-stated)
Open
Data reviewed Mar 18, 2026
PFIC: QEF available
Clean Energy

The Portuguese Energy Efficiency Investment Fund III focuses on the renewable energy sector, supporting projects aligned with Portugal’s strong position in EU renewable production and broader ecological goals, with additional backing from EU and state support. As the third fund in this sector, it targets high-growth and strategic areas such as electric mobility, the carbon market, maritime economy, solar, wind, and hydroelectric energy. The fund invests exclusively in stable, proven companies with solid performance, benefiting from significant public support, including up to 40% state co-investment, to foster sustainable growth and long-term value.

CMVM: 2227Min: €100,000Mgmt: 2.5%
Min. Investment€100,000
Lock-up Period10 years
RedemptionQuarterly
Fees:2.5%Mgmt·30%Perf
SF

INZ Fund

Open
Data reviewed Dec 7, 2025
PFIC: QEF available
Private Equity

INZ is a closed-ended Private Equity fund focused on renewable energy and energy-efficiency assets across Iberia, fully engineered for Golden Visa eligibility. Managed by STAG Fund Management and in line with UN Sustainable Development Goals, the fund aims to create steady, long-term value by investing in distributed solar, clean transportation, and low-carbon infrastructure using a careful, impact-focused approach.

ISIN: Class B-PTSFM4IM0009; Class C-PTSFM5IM0008;Min: €150,000Mgmt: 1.6%
Min. Investment€150,000
Lock-up Period8 years
RedemptionEnd of Term
Fees:1.6%Mgmt·15%Perf

Frequently Asked Questions about Energy-as-a-Service Portugal Golden Visa Investment Funds

Energy-as-a-Service Golden Visa investment funds are specialized investment vehicles that focus on energy-as-a-service sectors and are marketed for Portugal's Golden Visa program (per manager statements). These funds allow non-EU investors to potentially obtain Portuguese residency by investing €500,000 or more in energy-as-a-service investment opportunities—subject to verification by Portuguese legal counsel.

Currently, there are 2 energy-as-a-service funds available in our directory that are marketed for the Portugal Golden Visa route (per manager statements). Each fund should be verified with Portuguese legal counsel to confirm eligibility.

Portugal Golden Visa fund route requires €500,000 in total qualifying investment (post-October 2023 rules), which excludes funds with direct real-estate investment — confirm fund-specific eligibility with qualified Portuguese legal counsel. Individual energy-as-a-service fund subscription minimums may be lower, but total qualifying investment must reach €500,000. Eligibility must be confirmed with Portuguese legal counsel.

No investment fund is risk-free, and capital is at risk — including the risk of losing some or all of your investment. Energy-as-a-Service funds may be regulated investment vehicles, but regulation governs conduct and disclosure; it is not a guarantee of returns or of capital protection. Outcomes depend on the fund's strategy, assets, fees, liquidity, and market conditions. Review each fund's prospectus and Key Information Document and consult your own qualified legal and financial advisers before investing.

For Golden Visa purposes you generally maintain the qualifying investment through the residence and renewal period. Holding periods and the naturalisation timeline changed under Portugal's 2026 Nationality Law and must be confirmed with qualified Portuguese legal counsel.

Portugal Golden Visa applications often allow family members (e.g. spouse, dependent children, dependent parents), but eligibility depends on relationship and dependency rules that can change — confirm with qualified Portuguese legal counsel.

Before you wire EUR 500,000

Have a lawyer review the fund evidence before you subscribe.

Use a 30-minute call to understand eligibility evidence, fee scope, liquidity terms, and conflicts before money moves.

Speak With a Lawyer

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