Announced

Commerzbank-backed KlimaVest ELTIF to acqurie a 49% stake in Valeco REN from Mirova.

Synopsis

Commerzbank-backed KlimaVest ELTIF, an impact fund for private investors, agreed to acqurie a 49% stake in Valeco REN, a company with 11 wind farms and solar power plants, from Mirova, an asset managerment company offering investment solutions. Financial terms were not disclosed.

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