ImpactAlpha’s deal news coverage for the week:
Affordable housing. Vinte unit secured $24.4 million for affordable home financing in Mexico.
Agrifood investing. Growers Edge clinched $25 million to help agrifood retailers and lenders adopt climate-smart practices… Dutch nonprofit investor IDH backed Ugandan coffee processor JKCC to boost local coffee production.
Clean energy. The United Arab Emirates’ $30 billion Alterra climate fund made a $100 million co-investment n Indian renewable energy company Evren… Catalyze acquired a 48-megawatt community solar portfolio in upstate New York.
Financial inclusion. IDB Invest and the Japan International Cooperation Agency agreed to loan $20 million to Ecuador’s Banco Solidario to drive access to capital for female business owners… Development Partners International acquired Egyptian fintech fund manager Nclude… The International Finance Corp. committed $45.6 million to Lendable’s second MSME Fintech Credit Fund.
Green infrastructure. UK-based Pioneer Point Partners raised €1.1 billion for its second sustainable infrastructure fund.
Green loans. Nepal’s first green bond launched with $60 million from BII, IFC and MetLife… Nonprofit Finance Fund secured $25 million green loan from NY Green Bank.
Inclusive economy. OmniRetail landed $20 million to expand B2B commerce with informal retailers in Nigeria… Mediterrania Capital Partners notched an exit from Moroccan consumer goods business… RSF invested $23 million for community solar, affordable housing and social services.
Investing in health.Blooming Health raised $26 million for its social care marketplace and AI bot that connects users to critical social services.
Low-carbon transition. New Jersey-based Queens Carbon snagged $10 million for its low-carbon cement… Brooklyn-based Near Space Labs scored $20 million for its fleet of zero-emission stratospheric robots… Capricorn Investment Group, Temasek, Breakthrough Energy Ventures, Builders Vision, Lowercarbon Capital, S2G Investments funded Electra for its greener method for processing iron.
Philanthropic investing. Ford, Sorenson Impact and Surdna foundations joined the Catalytic Capital Consortium… The McKnight Foundation has aligned half of its $3 billion endowment with its mission and doubled its program-related investment budget to $100 million.
Restoration finance. Mirova allocated $40 million to land restoration projects in Argentina, Costa Rica and Madagascar.
Returns on inclusion. TPG NEXT announced a partnership with and anchor funding for Ardabelle Capital, a Paris-based fund targeting sustainable solutions for corporate supply chains… Upstart Co-Lab’s Inclusive Creative Economy Strategy invested $500,000 in Breakr, a Black-led creator marketing platform in the US… Lagos-based Aruwa Capital Management secured $40 million for its second fund, reaching 90% of its fund target.
Skills and education. French impact investment firm Investisseurs & Partenaires exited its investment in education access company Enko Education.
