{"id":75290,"date":"2018-11-20T00:59:57","date_gmt":"2018-11-19T23:59:57","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/mirova-eurofideme-4-hits-first-close-at-250me-to-support-the-energy-transition-in-europe\/"},"modified":"2018-11-20T00:59:57","modified_gmt":"2018-11-19T23:59:57","slug":"mirova-eurofideme-4-hits-first-close-at-250me-to-support-the-energy-transition-in-europe","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/mirova-eurofideme-4-hits-first-close-at-250me-to-support-the-energy-transition-in-europe\/","title":{"rendered":"Mirova Eurofideme 4 hits first close at 250M\u20ac to support the energy transition in Europe"},"content":{"rendered":"<p>Pursuing the same strategy as its predecessors, Mirova Eurofideme 4 is meant to channel institutional<br \/>\nmoney towards the energy transition infrastructure financing. The Fund is meant to invest primarily in<br \/>\ngreenfield renewable energy projects using mature technologies, energy storage and grad, as well as<br \/>\nelectric mobility and charging infrastructures across Europe.<\/p>\n<p>Commitments for the 250M\u20ac first close held in October were secured from prominent European<br \/>\ninvestors including a great number of repeat investors from Mirova Eurofideme 3, Mirova\u2019s prior<br \/>\nenergy transition fund. The Fund target size is set at 500M\u20ac, reflecting a growing interest of<br \/>\ninstitutional investors for this asset class which has reached an advanced stage of maturity in terms of<br \/>\ntechnology, while the improved competitiveness of renewable energy infrastructure has significantly<br \/>\ndecreased the inherent risks associated over the last years. It is now a greater part of institutional<br \/>\ninvestor portfolios who understood their potential and are willing to play a role in meeting the financing<br \/>\nneeds of the energy transition.<\/p>\n<p><quote>Mirova Eurofideme 3, closed at 353M\u20ac back in July 2016, is almost fully invested in a diversified<br \/>\nportfolio of European infrastructure assets in line with its initial deployment timeline. To date Mirova<br \/>\nhas contributed to the construction of over 170 renewable energy projects representing a total<br \/>\ninstalled capacity of 1.8GW.<\/quote><\/p>\n<p><em>\u2018At Mirova, we believe that reaching a first close with a large majority of our long-term investors<br \/>\ndemonstrates that financing tomorrow\u2019s infrastructures is now a top priority for institutional<br \/>\ninvestors,\u2019<\/em> says Raphael Lance, Head of Energy Transition Funds. <em>\u2018The financing needs to support<br \/>\nthe development of energy transition infrastructures \u2013 be they renewable energy production facilities,<br \/>\nenergy grid or electrical mobility related \u2013 are massive should we ever want to reach the ambitious<br \/>\nEuropean greenhouse gas emission reduction targets. Thanks to the renewed trust we\u2019ve granted and<br \/>\nwe\u2019re really proud of, we intend to keep building long-term relationships with industrial partners and<br \/>\ntherefore contribute to their growth plan.\u2019<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mirova, the leading asset manager dedicated to sustainability investing and affiliate of Natixis<br \/>\nInvestment Managers, held 250M\u20ac first close for Mirova Eurofideme 3 in late October.<\/p>\n","protected":false},"author":20,"featured_media":75288,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1655,1826,1682,1437,1691,2139,1952,1680],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/75290"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=75290"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/75290\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/75288"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=75290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=75290"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=75290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}