News
Mirova, one of Europe’s largest investors in renewable energy projects, acquired Rödene Wind Farm from RES RES will construct the project under an EPC contact and once operational, will provide asset management services for the 85.8MW wind farm The project will produce enough low-carbon electricity to displace an estimated 230,000 tonnes CO2 equivalent emissions every year, enough to power the equivalent of 40,000 Swedish homes
Neste, the world’s leading provider of renewable diesel, renewable jet fuel, and an expert in delivering drop-in renewable chemical solutions, and Mirova, a pioneer impact investor in the natural capital space, today announce a combined EUR 10 million investment into Recycling Technologies Ltd (‘Recycling Technologies’), a specialist plastic recycling technology provider. The aim is to accelerate the development of chemical recycling and foster the transition to a circular economy for plastic.
SafetyNet Technologies Ltd. today announced a £1.1m ($1.5m) convertible note investment from Mirova, Conservation International Ventures and Mustard Seed VC. The funding will enable SafetyNet Technologies to take the next important steps in commercialising its pioneering light-emitting bycatch-reduction technology, Pisces.
Through the UK’s International Climate Finance programme, DEFRA1 will support Mirova's Land Degradation Neutrality (LDN) Fund with an anchor investment of £10m, to catalyse more private investment in land restoration and nature, to tackle climate change. This commitment of public capital will provide a protective cushion that will significantly reduce the risk profile for investments in the sustainable land-use sector and will leverage in the support of over USD $50m of investment from the private sector – inspiring confidence within environmentally sustainable activities and playing a catalytic role in the development of the Fund.
AXA Investment Managers, BNP Paribas Asset Management, Mirova, and Sycomore Asset Management strongly believe that preserving the planet’s biodiversity is an urgent priority. Together, they have launched a call for expressions of interest (CEI) for a partner to develop and implement an innovative tool to measure the impact of investments on biodiversity. The goal of the CEI is to find a player capable, on a large scale, of measuring companies’ biodiversity impact.
Mirova, ENGIE and Crédit Agricole Assurances announce they have won a competitive process conducted by EDP for the acquisition of Portugal’s second largest hydroelectric portfolio, for an enterprise value and consideration of EUR 2.2 billion.
Mirova Natural Capital today announces the second close of the Althelia Sustainable Ocean Fund (“SOF”), a fund dedicated to making pioneering impact investments into marine and coastal projects and enterprises that can deliver sustainable economic returns in fisheries, aquaculture, associated seafood supply chains, ocean waste & recycling and marine conservation. The fund’s total commitments are now more than $92 million. Mirova Natural Capital Limited is the investment advisor to the SOF.
