Isif agrees €25m investment in SME Impact fund run by AIB and Foresight
The state-backed sovereign investment fund said the commitment is part of its plan to invest €1bn in climate-related projects
Foresight Group, the British private equity firm, has closed the latest investment round on SMEs transitioning to low-carbon technology after securing a €25 million commitment from the Ireland Strategic Investment Fund (Isif), the sovereign investment fund.
Isif said the deal to provide €25 million in additional capital to the fund was part of its five-year plan to invest €1 billion in climate-related infrastructure projects. To date, it said it has already invested more than €600 ...