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Mirova SunFunder

Strategic pillar: Mobilising capital
Customer group: Financial solutions
Region: African and Asia
Partner since: 2023
Joint partners Multiple
FCDO funding type: TIME
Technology: Multiple

About

The Mirova Gigaton Fund is a closed-end debt fund that aims to accelerate the clean energy transition in emerging countries in Africa and Asia.

Project Focus

The Mirova Gigaton Fund uses Shell Foundation’s capital as a catalyst in the junior tranche to facilitate investment in the e-mobility value chain. Shell Foundation committed $3 million to the Fund, which will be used to catalyse $30 million in investments for the e-mobility value chain, aiming to test EV Value Chain investments from a large Distributed Renewable Energy (DRE)-focused fund with potential for impact at scale.

Financial Solutions Micro-Entrepreneurs East Africa Electric Vehicles

SF & FCDO provide catalytic funding to new Mirova SunFunder Fund

Mirova, the affiliate of Natixis Investment Managers dedicated to sustainable investment – supported by Mirova SunFunder East Africa Ltd as…

22nd March 2023

Read more about our work with Mirova