Impact-Investor.com

Infranity, a Paris-based infrastructure asset manager, has led a €350m financing round to support an investment by a fund managed by IFM Investors in renewable energy company ERG Spa. https://lnkd.in/eHxzRyVP 

UK impact investor Resonance Limited said two of its homelessness funds, whose investors include pension funds and local authorities, had invested £23m to date into housing people in Bristol. Resonance’s funds have purchased 136 properties to provide more sustainable accommodation for 530 people who had been homeless or living in unsuitable temporary accommodation in the city. https://lnkd.in/erGjAESm

MIGA, member of the The World Bank Group, has issued a $179.6m (€165m) guarantee to KOKO Networks which supplies clean-cooking solutions aimed at improving public health, protecting biodiversity and preventing the release of greenhouse gases. KOKO supplies over 1.3 million homes with sustainable bioethanol cooking fuel through a network of 3,000 fuel ATMs across low-income neighbourhoods in Kenya and Rwanda. https://lnkd.in/eZiWZVNg

The UK's National Wealth Fund has £27.8bn to attract private investment and drive economic growth across the UK. Lorna Pimlott, managing director of the Local Authorities function at NWF, will deliver a keynote at the upcoming Investor Forum, highlighting the fund's focus on partnering with the private sector and local government to support net-zero efforts and boost regional and local economic growth. Join Lorna and other top speakers at the Impact Investing Forum on 15 May at The Conduit, London. Visit our website for the full agenda and to register 👉 https://bit.ly/4l0INnZ #regionalgrowth #placebasedinvesting #netzero #blendedfinance

The South Yorkshire Pensions Authority Authority (SYPA) has announced two new £20m (€23.3m) investment funds to support small and medium-sized enterprises across the region.  The South Yorkshire Debt Fund, managed by FW Capital, and the South Yorkshire Growth Equity Fund, managed by Foresight Group, aim to address a critical funding gap that has hindered business growth in South Yorkshire, according to SYPA. https://lnkd.in/e5-mvWyM

The West of England Mayoral Combined Authority has appointed Amber Infrastructure Limited as fund manager of its Green Growth West Fund. The fund management firm will be working with place-based investor BBRC. https://lnkd.in/e5i9dkEp

As the Fourth International Conference on Financing for Development #FfD4 approaches, Umberto M. looks at the role of blended finance in mobilising private capital for sustainable development, highlighting the need for more effective deployment at scale. https://lnkd.in/eR3b_gxx

Planetary Impact Ventures is one of several investors in UK agritech startup Elaniti, which measures the biological activity within soil to help farmers address issues with soil health and crop outcomes. https://lnkd.in/ehfMua_4

Just Climate, a specialist investment firm, has secured $175m (€160m) in funding for its natural climate solutions strategy, which is aimed at restoring degraded landscapes and changing the way agricultural commodities are produced. The California State Teachers’ Retirement System (CalSTRS) joined the strategy as its institutional anchor while Microsoft’s Climate Innovation Fund has become its corporate anchor. https://lnkd.in/ed-YgFBZ

APG and TIAA are backing a new private debt impact strategy from Arcmont Asset Management, via separate mandates totalling €475m.  Under the strategy, debt financing will be made available to companies providing services and products tackling environmental and social challenges in the areas of climate, health, education and sustainable economic growth. https://lnkd.in/e7F3z4xe