UK-based investment firm ImpactA Global provides debt capital for sustainable infrastructure projects in emerging markets, including for renewable energy, green mobility, health care access, clean water and sanitation. The firm targets infrastructure projects of less than $300 million, where it can contribute roughly $15 million to $30 million per project.
ImpactA has secured a $5 million commitment from Prosper Africa, a US government-backed initiative managed by USAID, follows Legal & General’s $100 million investment in ImpactA last October.
Catalyzed capital
Women-led ImpactA invests alongside export credit agencies and development finance institutions, whose mandates are to invest in markets and sectors underserved by private capital. The firm comes in as a market-rate investor behind credit guarantees, or first-loss or subsidized capital.
“Investors must be allocating capital to sustainable infrastructure in these regions,” said Legal & General’s Hannah Gore-Randall. “Innovative financing structures are reducing risk and driving the asset class’s reputation as a compelling investment opportunity that offers the potential for positive financial, social, and environmental returns.”
