News
Mirova Natural Capital today announces the second close of the Althelia Sustainable Ocean Fund (“SOF”), a fund dedicated to making pioneering impact investments into marine and coastal projects and enterprises that can deliver sustainable economic returns in fisheries, aquaculture, associated seafood supply chains, ocean waste & recycling and marine conservation. The fund’s total commitments are now more than $92 million. Mirova Natural Capital Limited is the investment advisor to the SOF.
Mirova today announced the final close at €859m of Mirova-Eurofideme 4, its fourth equity investment fund dedicated to clean energy projects. With this closing, Mirova far exceeds its initial objective and closes the largest renewable energy fund dedicated to the European market to date.
Philippe Zaouati came to the 2019 edition of the OECD Forum and present Mirova to the public, its role, the funds raised for the sustainable finance. He underlines the evolution and the progress made since few years by the group and the public/private investors that became partners of Mirova.
Investing in Sustainability? Yes but how Learn about what happened at Mirova during Q3 2019.
Mirova has finalized its acquisition of 100% of Mirova Natural Capital[1] (formerly Althelia Ecosphere). This acceleration reflects the value that Mirova places on natural capital investment. Natural capital is a highly impactful asset class and a key part of Mirova’s current and future goals.
After integrating the issue of gender equality into its line of investment solutions, Mirova, an affiliate of Natixis Investment Managers, leads an investor coalition to support the Women’s Empowerment Principles and achieve Gender Equality. This statement, co-signed by 66 investors, representing more than 4 trillion euros in asset under management has received the support of UN Women and the UN Global Compact.
Dedicated to financing projects aimed at restoring degraded lands, Mirova’s Land Degradation Neutrality (LDN) Fund1 continues its development. Since its first closing2, the Fund has convinced new leading European institutional investors, bringing its total amount of commitments to more than $150 million. At the same time, the Fund and the LDN Technical Assistance Facility3 support new field projects in Africa and Asia.
Mirova was a vibrant presence at PRI in Person[1], a global conference on responsible investment organised by the eponymous Principles for Responsible Investment (PRI), held in Paris on 10-12 September. Portfolio manager Soliane Varlet and Mirova’s CEO, Philippe Zaouati both spoke at the event.
