Gaia Impact Fund looking at second vehicle
After its first vehicle, launched in 2017, the impact investor is working on a new structure with a much larger endowment.
01/03/2022 at 17h26, by Africa Business+
No figure has been set, but the second fund will have tens of millions of dollars to support renewable energy projects in Africa. This is a much more ambitious objective than the first Gaia Impact Fund vehicle, which reached €6 million. The first was almost exclusively funded by the founders, Hélène Demaegdt and Patrick Demaegdt, who also launched Ténergie, a company with 500 MW solar sites in France.
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