News
Distributed Power Africa (DPA) Kenya Limited, a business of Cassava Technologies, has secured a $2.7 million debt facility with Mirova SunFunder to deploy solar energy solutions to commercial and industrial (C&I) customers in Kenya. Mirova SunFunder is a leading impact investor, solving energy access and climate change challenges in frontier markets, primarily Africa, by providing clean energy financing.
Ten years ago, we chose the name Mirova in reference to Mirovia, a hypothetical ocean that surrounded the supercontinent of Rodinia almost 1,000 million years ago. The name marked our desire to be at the forefront of an approach to finance that cares for the planet, its lands, its oceans and its natural capital, as well as the well-being, diversity, and inclusion of everyone in a global environment.
Mirova, an affiliate of Natixis Investment Managers 100% dedicated to sustainable investing, renews its support to Komaza, an innovative smallholder forestry platform, which provides scalable and sustainable nature-based solutions to climate change. The $US 9.5 million investment will help Komaza to scale operations in Kenya.
On the occasion of the French national day against energy precariousness, Mirova Forward, the endowment fund of Mirova, a pioneer in sustainable finance, and Watt for Change, the foundation and endowment fund of the VALOREM group, a green energy producer, are enhancing their partnership with a new ambitious call for projects to accelerate the energy renovation of the most modest households.
Mirova SunFunder and BioLite, a leading manufacturer of solar home systems (SHS), are pleased to announce an expansion of their partnership. The $5.3 million investment will provide debt financing for BioLite’s increased working capital requirements, a product of its rapid expansion in Sub-Saharan Africa.
On the occasion of the climate COP27 taking place in Egypt, the Global EverGreening Alliance and Mirova, an affiliate of Natixis Investment Managers 100% dedicated to sustainable investing, have joined forces to launch one of the largest nature-based carbon removal programmes in Asia beginning with a US$15million investment in the Philippines.
