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Laxman Pai, Opalesque Asia: Natixis Investment Managers' sustainable finance arm Mirova is seeking to raise up to €2 billion ($2.1 billion) for its sixth strategy dedicated to energy-transition infrastructure, Mirova Energy Transition 6 (MET6).
The sixth strategy dedicated to energy transition infrastructure will help to meet the financing needs for resilient infrastructure that is essential to the decarbonization of energy production and consumption, said a media release from the France-based energy transition-focused investment firm.
MET6 succeeds the Mirova Energy Transition 5 launched in February 2021 that exceeded its target, raising €1.6bn in a year and a half, it stated. The sixth fund succeeds the Mirova Energy Transition 5 launched in February 2021 that exceeded its target, raising €1.6bn in a year and a half, it stated.
Although the focus is on Europe, the company also mentioned that some investments might be allocated to other Organization for Economic Cooperation and Development (OCED) member nations. The firm also plans to replicate successful models to collaborate with European developers in new regions, particularly Asia.
MET6 will build on the success of previous Mirova's energy transition funds and will retain flexible investment approaches - majority or minority stakes and equity financing or subordinated debt - drawing on the solid technical expertise of its teams and their strong relationships with established players in the...................... To view our full article Click here
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