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Mirova launches sixth energy transition infrastructure strategy, targeting €2 billion for investments in renewable energy, storage, and low-carbon mobility

Investment Other announced Oct 5, 2023

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.

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Deal 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.
  • 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).

Timeline

Announced
Oct 5, 2023
Signed
Closed

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