SIFEM invests US$10m in Metier Sustainable Capital Fund II to expand its clean energy services

AFRICA – The Swiss Investment Fund for Emerging Markets (SIFEM) has invested US$10 million in Metier Sustainable Capital Fund II. The Fund will be focused on climate mitigation and adaptation through investments in renewable energy generation as well as in resource efficiency. It will help expand access to affordable, reliable, and clean energy services, and enhance grid-tied installed renewable energy capacity in Africa, which can incite local companies to switch to renewable energy and thereby avoiding fossil fuel consumption. Through investments in resource efficiency, the Fund may also contribute to…

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