Infrastructure

Water Unite Impact is backing the Norwegian firm Flocean, whose subsea desalination technology aims to provide clean, sustainable freshwater with lower energy use.

The company is developing solar and wind projects in the fast-expanding Indian market, and plans to expand its operations across Asia.

The fund aims to support the EU’s climate neutrality objective for 2050, and has invested in key transition sectors including onshore wind, hydropower, energy storage, low-carbon mobility, and energy efficiency.

A new investor-led partnership brings together 20 of the UK’s largest pension providers and insurers to collectively invest in regional economic development and support long-term, sustainable growth across communities.

Real assets are becoming a safe haven for impact investors as population growth, urbanisation, energy demand and food insecurity put the planet under increasing pressure, a report by Phenix Capital said.

The fund aims to use blended structures to help mobilise private investment in green infrastructure projects across Africa.

The investment was made into Asterion-owned AMP Clean Energy to support the next phase of the company’s growth and decarbonisation strategy.

The €230m commitment via the EIB, financed by loans from NextGenerationEU, will be allocated to two financial intermediaries A&G and Urbania Alpha.

The financing supports the construction of four solar parks with a total capacity of 329 megawatts by renewable energy developer Sunly.

The fund will use the money to mobilise investment for strategic infrastructure in South and Southeast Asia, which houses more than 25% of the world’s population.