Plus, Swedfund puts €15m into XSML Capital’s African Rivers Fund IV | Climate Fund Managers and Microsoft’s Climate Innovation Fund back platform to supply renewables-derived grid-power to Nigerian users.
The company, which makes electrolysers for hydrogen production, is targeting rapid expansion of installations to meet a forecast sharp rise in demand for green hydrogen, as countries strive to meet net-zero targets.
More government funding directed towards homelessness funds would facilitate big-ticket investments from private institutions, the social investor says.
The Swedish private equity impact investor has added STIM to its portfolio of investments aimed at boosting sustainable food production, at a time when investor interest in aquaculture is on the rise.
Development finance institutions are backing a private credit climate finance fund managed by Darby International Capital to help the region’s mid-sized companies to develop low-carbon and climate resilient businesses.
Asset manager MEAG, part of the Munich Re Group, is targeting a total size of up to €645m with its Sustainable Forestry Equity Fund, focusing on investments in US, New Zealand and Australia.
UK-based impact investor Bridges Fund Management has announced its second investment exit of 2024, with the sale of a supplier of plant-based foods to private equity firm NVM.
The European investor has achieved closes on two funds investing in tech-oriented and sustainable businesses in quick succession, gathering more than €2bn in total commitments between them.
The project seeks to increase agricultural output in one of Africa’s poorer countries by increasing supply of green ammonia to make fertilisers more widely available.
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