A $43 million anchor investment into the Climate, Energy Access and Resilience (CLEAR) fund has been announced by InfraCo Africa, the Private Infrastructure Development Group’s (PIDG) African development arm.
The Helios Investment Partners-advised CLEAR fund focuses on environmental issues. Through the Foreign, Commonwealth and Development Office’s “MOBILIST” Sustainable Infrastructure Competition, PIDG and InfraCo Africa improved and realised the CLEAR Fund.
MOBILIST promotes investment strategies that are aiming to list on national or international stock exchanges and assist developing and frontier markets in advancing the UN Global Goals and bringing about the climate transition.
Gilles Vaes, CEO of InfraCo Africa, emphasised the value of the alliance, saying: “By working alongside Helios to design the CLEAR Fund, we have brought together Helios’ deep expertise of fund management and generating growth with our proven track record in developing greenfield infrastructure in frontier markets, with a strong focus on development impact.
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