Renewables: Bank of America, Facebook, Shell et al join responsAbility’s new fund

Renewables: Bank of America, Facebook, Shell et al join responsAbility’s new fund

The Swiss investment company, which has over $3bn of assets under management, has teamed up with a number of partners for its latest renewables investment vehicle.

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            ▪ Renewables: Bank of America, Facebook, Shell et al join responsAbility’s new fund

▪ The Swiss investment company, which has over $3bn of assets under management, has teamed up with a number of partners for its latest renewables investment vehicle.

https://www.africabusinessplus.com/en/802386/renouvelable-bank-of-america-facebook-shell-au-tour-de-table-du-vehicule-de-responsability/

For this new fund, Zurich-based responsAbility Investments AG has already achieved a first closing at more than 75% of its final target of $151m out of $200m. A wide variety of investors have committed to the Swiss asset manager’s new vehicle, both institutional investors such as FMO, IFC, Norfund, EIB and the government of Luxembourg, as well as private investors including Shell Foundation, Bank of America, Facebook and the pan-African venture capital company AHL Venture Partners.

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