Natixis Asset Management sustainable investment unit Mirova has reached the final close of EUR875 million (US$943.1 million) for the Mirova Eurofideme 4 fund.
The Fund focuses on supporting renewable energy projects, battery storage, electric mobility and charging infrastructures across Europe.
The core of Mirova Eurofideme 4 strategy remains greenfield or brownfield projects using proven technologies (onshore wind energy, solar photovoltaics, hydropower, biomass, biogas).
The Mirova-Eurofideme 4 fund has already made its first investments and deployed more than EUR300 million (US$330.2 million), financing nearly 600 MW of projects in France, Portugal, Norway, and Spain.