News
Mirova, the affiliate of Natixis Investment Managers dedicated to sustainable investment, supported by Mirova SunFunder East Africa Ltd as Investment Advisor, a wholly-owned subsidiary based in Nairobi, announced today that the Mirova Gigaton Fund[1] has raised USD 171 million for its first closing. This blended finance debt fund aims to accelerate the clean energy transition in emerging countries in Africa and Asia Pacific predominantly, as well as Latin America and the Middle East. Mirova SunFunder is a leading impact investor, solving energy access and climate change challenges in frontier markets, primarily Africa, by providing clean energy financing.
Glennmont Partners from Nuveen (“Glennmont”), one of the world’s largest fund managers investing in clean energy, have today announced their landmark investment in Sweden which will see them acquire a 47MW onshore wind portfolio.
The Estonian renewable energy developer Evecon OÜ and Mirova, the affiliate of Natixis Investment Managers dedicated to sustainable investment, through the its infrastructure fund, signed an agreement to set up a renewable energy platform which will build the largest solar park in the Baltics. The construction works will be carried out in 2023 and the parks will start producing at full capacity at the beginning of 2024.
At the 15th Conference of Parties (COP) of the Convention on Biological Diversity, taking place in Montréal, global luxury group Kering and premium and sustainable cosmetics company L’OCCITANE Group will announce their teaming up to create the Climate Fund for Nature1 on December 13 at the start of the closing session for the Business and Biodiversity Forum, livestreamed at 9:00 AM CET/15:00 PM EST on www.cbd.int/live.
Pioneer and world leader in agricultural robotics, Naïo Technologies has just closed a 33 million US dollar (€32m) fundraising. Led by Mirova, the affiliate of Natixis Investment Managers dedicated to sustainable investment, this new round features previous shareholders including the Ecotechnologies Fund, managed on behalf of the French State by Bpifrance within the France 2030 plan, Capagro, Demeter, Pymwymic and Codema. Regional funds M Capital and ARIS Occitanie joined as new investors.
Distributed Power Africa (DPA) Kenya Limited, a business of Cassava Technologies, has secured a $2.7 million debt facility with Mirova SunFunder to deploy solar energy solutions to commercial and industrial (C&I) customers in Kenya. Mirova SunFunder is a leading impact investor, solving energy access and climate change challenges in frontier markets, primarily Africa, by providing clean energy financing.
On the occasion of the French national day against energy precariousness, Mirova Forward, the endowment fund of Mirova, a pioneer in sustainable finance, and Watt for Change, the foundation and endowment fund of the VALOREM group, a green energy producer, are enhancing their partnership with a new ambitious call for projects to accelerate the energy renovation of the most modest households.
Mirova SunFunder and BioLite, a leading manufacturer of solar home systems (SHS), are pleased to announce an expansion of their partnership. The $5.3 million investment will provide debt financing for BioLite’s increased working capital requirements, a product of its rapid expansion in Sub-Saharan Africa.
