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Home Renewable Solar

Mirova Commits USD 10 Million to Solar Rooftop Initiatives in Vietnam

Urja Daily by Urja Daily
January 17, 2025
in Solar
Reading Time: 1 min read
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Mirova
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Mirova, an affiliate of Natixis Investment Managers, has invested in Ecoligo. This investment is aimed at funding a portfolio of greenfield commercial and industrial (C&I) solar rooftop projects in Vietnam.

It represents the first investment by the Mirova Gigaton Fund in Vietnam, with a commitment of USD10 million in senior debt financing. Furthermore, this loan from Mirova will enable ecoligo to expand its C&I solar business in Vietnam. Additionally, ecoligo plans to use the funding to advance Sustainable Development Goal 13, focusing on climate change mitigation. Vietnam is a key economic powerhouse in Southeast Asia and a promising market for sustainable energy solutions.

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