Mirova invests $15 million in Ecofy to finance rooftop solar and electric mobility in India
Type: Investment · Technology: Solar · Country: India · Value: $15M · Announced: 2026-05-06
Mirova, a division of Natixis Investment Managers Singapore Limited, committed $15 million to Ecofy, an Indian green finance platform, to expand lending for residential, commercial, and industrial rooftop solar installations as well as electric mobility solutions across India. Ecofy, backed by Eversource Capital, British International Investment, FMO, and Finnfund, serves over 130,000 customers across 26 Indian states and 500+ cities. The financing will enable Ecofy to scale its green financing ecosystem, supporting India's energy transition and inclusive economic growth. Mirova highlighted Ecofy's demonstrated ability to deploy capital efficiently on the ground, accelerating access to clean energy and electric mobility. The partnership marks a milestone in Ecofy's journey to scale green financing in India.