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Triodos Investment Management announced a €30 million investment from the Dutch development finance institution FMO and its Austrian counterpart OeEB in Hivos-Triodos Fonds.
Hivos-Triodos Fonds was launched in 1994 as a public-private partnership between the Dutch development organisation Hivos and Triodos. Since its launch, Hivos-Triodos Fonds has channelled more than €300 million into projects in Africa, Asia and Latin America. The fresh investment from FMO and OeEB will allow the fund to expand its reach in areas such as agriculture and renewable energy.
Femke Bos, head of impact private debt and equity at Triodos, said: “This new investment by FMO and OeEB marks an important milestone as it is the first time that development finance institutions invest directly in Hivos-Triodos Fonds, allowing us to significantly grow in size while securing a ten-year commitment. The cooperation with FMO and OeEB exemplifies the transformative power of collaboration in the development finance sector. It clearly shows that by joining forces we can create meaningful impact for people in emerging economies.”
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