Energy transition

The European Commission-backed public-private partnership investment vehicle has appointed SUSI as its portfolio manager as it focuses on the transition to a low carbon future.

The London Pensions Fund Authority said it is “taking climate action” to protect its 100,000 members from the consequences of global warming.

Investor appetite for innovative climate tech trumped geopolitical uncertainties, its CEO and co-founder Jacqueline van den Ende tells Impact Investor.

The French impact investor has made an inaugural investment Zimbabwe’s NeedEnergy to support the African smart and clean energy sector.

Dutch company Gradyent is being backed by a range of investors, including Blue Earth Capital, SEB Greentech and Eneco, to expand its energy saving software.

The private equity firm’s third fund, which will focus on driving sustainable development across Africa, attracted commitments from 19 predominantly European institutional investors.  

The alternatives investments specialist said the fund has invested in nine private equity funds and that it plans to launch a successor climate technology fund later in the year. 

Infranity is providing a €125m anchor contribution to a facility for the IFM Net Zero Infrastructure Fund, which is managed by IFM Investors.

The guarantee will support the expansion of KOKO Networks which supplies bioethanol-based cookstoves and fuel to low-income households, helping to replace charcoal and wood with a cleaner alternative. 

Amber Infrastructure will be working with a place-based investor to attract green investment. The West of England Mayoral Combined Authority hopes to secure an additional £90m to the fund.