Natixis Investment Managers affiliate Mirova has acquired off-grid renewables debt specialist SunFunder, as part of a plan to build up its African portfolio.
Issue 463 - 22 June 2022
Renewables, Power, Commercial & industrial, Finance, Off-grid
The African Development Bank (AfDB) announced on 29 June that South Korea’s Ministry of Economy and Finance (MoEF) and the Export-Import Bank of Korea had signed an agreement to provide $600m to co-finance energy projects in Africa. It adds to the glut of funds targeting the African power sector, but oversupply of donor money – or undersupply of projects – is driving interest rates down and causing concern amongst financiers.
Issue 442 - 08 July 2021
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