Press releases
AXA Investment Managers, BNP Paribas Asset Management (“BNPP AM”), Sycomore Asset Management and Mirova (an affiliate of Natixis Investment Managers) are pleased to announce that they have selected the consortium comprised of Iceberg Data Lab and I Care & Consult as the research provider to develop a tool to allow investors to measure how their investments impact biodiversity. This selection was the final step of a structured, highly competitive tender process initiated by a Call for Expression of Interest (“CEI”), early this year.
Mirova, today announces the final 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, the circular economy and marine conservation. The fund’s final commitments are now more than $132 million. Mirova Natural Capital Limited, the London-based wholly owned subsidiary of Mirova, is the investment advisor to the SOF.
30 investors representing more than €6 trillion call for concerted and transparent creation of impact measures related to biodiversity.
Plastics For Change (‘PFC’), a company who has developed the world's first Fairtrade verified recycled plastic supply chain, announces today the closing of a US$2million investment, led by Mirova1.
Mirova announces its support to the French agtech start-up nextProtein, via the Althelia Sustainable Ocean Fund1. The start-up, which produces feed raw materials and insect-based fertilizers, has obtained €10.2 million in financing to increase its production and continue to innovate in this sector.
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.
