- Fund: Mirova Energy Transition 5 Fund
- Amount raised: €466 million
- Target size: €1 billion
- Stage of fundraising: First close
- Predecessor fund: Mirova Eurofideme 4 Fund (€859 million)
Mirova has raised €466 million for Mirova Energy Transition 5, its fifth fund dedicated to financing energy transition infrastructure. A target was set this year at €1 billion to ensure that the firm’s allocation to renewable energy increased from its current level of 20% to 32% by 2030. As with its predecessor, fund 5 will focus on renewable energy and low-carbon mobility sectors.