For the first time The UN PRI has launched a Leaders’ Group to highlight leading practices in Responsible Investing. Together with 47 other institutional investors, Swedfund has been selected amongst more than 2,300 signatories.
Today, 7 out of every 10 new hospital beds in Asia, are built by the private sector. With an investment of USD 15 million in Quadria Capital Fund II, Swedfund will reach the healthcare sector in South and South East Asia, through investments in areas such as healthcare services, pharma and laboratory businesses in countries like India, Indonesia and the Philippines.
Over the past year Swedfund has assessed a number of investment opportunities in the resource efficiency space in order to broaden Swedfund’s scope within climate and further align Swedfund’s mission with the Paris Agreement. Swedfund, as one of several European development finance institutions, has now invested in South Asia Growth Fund II (SAGF II).
Solar Energy to 360 million people - but lack of responsible management of e-waste can become the dark side of the off grid market in developing countries.
Swedfund continues investing in renewable energy projects by committing to invest USD 15 million in shares of JCM Power. JCM develops, builds and operates solar- and wind power plants in developing countries.
Sweden’s Development Finance Institution, Swedfund, continues to expand its portfolio within renewable energy by investing USD 15 million in the fund Climate Investor One. The fund develops, builds and operates renewable energy projects in developing countries. The fund’s pioneering blended finance structure seeks to leverage private capital to impact investments in emerging markets.
Swedfund invests USD 10 million to enable small and medium-sized enterprises, SMEs, in Sub-Saharan Africa to access growth capital and thereby expand their operations. The investment is in TLG Credit Opportunities Fund (COF).
The Swedish Development Finance Institution, Swedfund, invests 5 million USD in the Kenyan bank Victoria Commercial Bank, VCB. The loan is directed at the bank’s small and medium-sized enterprises, SMEs, and is part of Swedfund’s mission to reduce poverty through sustainable business.
Swedfund, Sweden’s development finance institution, has made an incremental commitment of MUSD 5 to Renewable Energy Asia Fund II (REAF II) and further strengthened its contribution to the build-out of renewable energy in developing Asian countries.
Swedfund, Sweden’s development finance institution, invests 13 MUSD in the fund Frontier Energy II. The fund focuses on small and medium-sized renewable energy projects, primarily in East Africa.
The development financier Swedfund and the industry group DBL establish a textile factory in Mekelle, Ethiopia, which will provide job opportunities for 4,000 people. H&M will be a long time buyer and support with expert knowledge in sustainable textile production.
Scania and the development financier of the Swedish state Swedfund are establishing a partnership to develop the production of biogas as an automotive fuel in the Indian city of Nagpur. The biogas will be produced from digested sludge from one of the city’s wastewater treatment plants in collaboration with local companies.
