Sustainability-focused investment manager Mirova has secured €1.2 billion ($1.4 billion) in commitments at the second close of its Mirova Energy Transition 6 (MET6) fund — the sixth edition of its flagship strategy supporting low-carbon infrastructure.
Launched in 2023 after its predecessor MET5, which raised €1.6 billion, MET6 targets a total of €2 billion and will continue fundraising through 2025. The fund focuses on greenfield, brownfield, and corporate infrastructure investments across OECD countries, spanning renewable energy production, energy storage, low-carbon mobility, and energy efficiency.
So far, Mirova has deployed €960 million across ten projects, including renewable portfolios, independent power producers, and e-mobility companies. The firm said its investment pipeline remains strong, having reviewed more than 300 opportunities in the past year, representing €18 billion in equity and over 190 GW of capacity.
Raphaël Lance, Deputy General Manager and Head of Energy Transition Funds at Mirova, said the strong investor interest underscores confidence in energy transition infrastructure as a resilient asset class offering stable, long-term returns aligned with global decarbonisation goals.
