Investment

The investment arms of Allianz and FMO recently launched one of the largest blended finance initiatives to date, aimed at propelling sustainable development in emerging markets. We look at the details of this landmark collaboration.

Spanish food-tech company Heura Foods has raised €40m which it will invest in innovation and the expansion of its portfolio of technological patents in the production of plant-based foods.

The fund, launched for institutional investors in 2022, focuses on investments to improve the wellbeing of children and supports several UNICEF programmes.

The fund, co-headed by the former Bank of England governor focuses on investments that can speed up the transition to a net-zero economy.

The fund, in which Allied Irish Banks is a cornerstone investor, supports small- and medium-sized businesses in Ireland as they transition to the green economy.

Pluralis will use the funds to invest in independent media in countries in Central, Eastern and South-Eastern Europe where media diversity is under threat.

The organisation seeks to provide $1bn of guarantees to mobilise climate change-related investment for borrowers in developing countries, backed by capital from various state-level investors.

The UK market is poised for growth, according to fund manager Schroders Greencoat, which recently took a majority stake in Toucan Energy as part of a transaction that saw six LGPS schemes make allocations.

The blended finance fund, which invests in green energy and infrastructure in developing countries, is focused on climate mitigation and adaptation, social development, economic infrastructure and gender equality investment.

The EU-backed funding is part of €4.2bn in debt financing announced by H2 Green Steel for its large-scale green steel plant in Sweden, on top of equity investments of €300m and a €250 million grant from the EU’s Innovation Fund.