The Paris-based asset manager said funding from private and corporate investors in nature-based solutions was accelerating, as they recognised the importance of decarbonising activities beyond their own value chains.
The Nigerian firm provides distributed solar power systems to off-the-grid customers and to those battling with the country’s unreliable and increasingly costly grid supply.
InfraCredit has also attracted direct equity investment from two local pension funds, in addition to the UK programme, as part of its listing on Nigeria’s NASD market.
The strategy managed by the company’s New Agriculture division aims to consolidate natural vegetation, agriculture, and forestry together as operational assets.
The pension fund said the partnership builds on its existing collaboration with Achmea IM and represented a step towards greater sustainability of its investments.
The funding is intended to support economic growth and digital inclusion by facilitating improved access to computer processing capacity across the continent.
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