ImpactAlpha, October 14 — The year has seen an uptick in impact mergers and acquisitions, including Mirova’s purchase of SunFunder to expand clean energy in emerging markets and M&G acquiring responsAbility to meet demand for climate finance in developing countries.
This week, New York-based private equity firm Warburg Pincus took control of Indian micro-enterprise lender Vistaar Finance. And MyPower, an affiliate of Mitsui & Co., acquired Cambridge, Mass.-based clean energy provider Solstice to expand community solar access for U.S. households.
Common Future, which this week took a stake in SOCAP, last month acquired Community Credit Lab to advance community wealth-building.