The Korea International Cooperation Agency (KOICA) and responsAbility Investments AG, an international asset manager headquartered in Switzerland, are teaming up to drive the development of renewable energy generation in Sub-Saharan Africa.
The global impact investing specialist responsAbility is strengthening its top level of management. Since 1 July 2019, Stephanie Bilo has been responsible for all investor-focused activities at the Zurich-based asset management company as Chief Client & Investment Solutions Officer.
A responsAbility-managed energy holding company has acquired a 26% interest in Renewable Energy Holdings (Pty) Ltd (REH), a leading South African based developer, owner and operator of run-of-river hydropower projects in Southern Africa.
d.light solar, a pioneering manufacturer and provider of solar power products, today announced that it has secured debt funding totaling USD 18 million from a consortium of lenders with a focus on the renewable energy space including two responsAbility-managed funds, SunFunder, DWM and SIMA. The financing will be used to further grow d.light’s operations across Africa.
Australian pension fund Christian Super announced today that it has acquired a significant minority shareholding in responsAbility Investments AG, the international asset manager headquartered in Switzerland, thereby becoming the company’s first international shareholder.
A responsAbility-managed climate fund and Indian Non Banking Financial Company Electronica Finance Limited (EFL) have entered into an agreement for the issuance of green Masala Bonds. EFL has issued Rupee-denominated senior secured bonds of USD equivalent 10 million.
In a clear commitment to climate change mitigation, the Development Bank of Austria (OeEB) has increased its investment in the responsAbility-managed climate fund, adding USD 20 m across different share classes.
Several responsAbility-managed funds focusing on micro- and SME finance and climate change mitigation in emerging markets, respectively, have entered into a financing agreement with Ameriabank, granting Armenia’s leading bank a total of USD 19.2 m in long-term subordinated debt.
The responsAbility-managed climate fund and India-based Roserve Enviro Private Limited have announced their cooperation for financing energy-efficient waste-water recycling systems offered to industrial clients. Under the agreement, the fund will subscribe to Indian rupee denominated green bonds worth USD 8 m issued by the company.