In a press release distributed on June 21, 2022 Symbiotics reported that it has “ arranged two Green Bonds for a total of USD 17 million for Sun King (former Greenlight Planet INC), one of the largest solar companies in Africa and Asia, to deliver off-grid energy technologies to households across the two continents. With the issuance of these Green Bonds, Sun King showcases its ability to align with the accepted International Capital Market Association Green Bond Principles or Sustainability Bond Guidelines (ICMA GBP), increasing the attraction of international financiers. The green proje ..read more

On June 20, 2022 Investment Week reported that “London-based sustainability manager Mirova has acquired private debt emerging market climate investor SunFunder, for an undisclosed amount, in a move that aims to strengthen its debt financing capabilities and emerging market reach. The Natixis Investment Managers affiliate acquired 100% of the equity of SunFunder on 3 June and absorbed its 38-strong team, which will be retained in its entirety to build out an emerging markets platform focused on clean energy and climate investment. SunFunder has been financing renewable energy programmes in Afri ..read more