Mirova launches sixth energy transition infrastructure strategy, targeting €2 billion for investments in renewable energy, storage, and low-carbon mobility
Type: Investment · Technology: Other · Announced: 2023-10-05
Mirova launched its sixth energy transition infrastructure strategy, targeting €2 billion for investments in renewable energy, storage, and low-carbon mobility assets. The fund will deploy capital into late-stage development.
Analysis
Mirova, an affiliate of Natixis Investment Managers, has launched its sixth energy transition infrastructure strategy, targeting €2 billion for decarbonization efforts across Europe. This new fund will finance proven technologies including onshore and offshore wind, photovoltaics, hydropower, and storage, alongside supporting low-carbon electric mobility and hydrogen development. The €2 billion target represents a substantial increase from the €1.6 billion raised by its fifth strategy, reflecting growing capital allocation towards clean energy. Mirova's continued focus on diverse energy transition assets underscores its mission-driven approach in sustainable finance.
Key points
- Mirova's sixth energy transition infrastructure strategy.
- Targeting €2 billion, a 25% increase from the previous €1.6 billion fund.
- Focus on decarbonization efforts primarily in Europe.
- Investments span proven technologies (wind, solar, hydro, storage) and emerging sectors (low-carbon electric mobility, hydrogen).
Counterparties
- Mirova (Investor)