FMO and OeEB Boost HTF's Assets to €95m for Renewable Energy and Agri SMEs
FMO and Oesterreichische Entwicklungsbank (OeEB) have jointly invested €30m in Hivos-Triodos Fonds (HTF), boosting its total assets to around €95m. The investment, facilitated through the Dutch Fund for Climate and Development, aims to support small and medium enterprises (SMEs) in developing countries focusing on renewable energy and sustainable agriculture.
The investment, ranging from €300,000 to €3m with an average ticket size of €1m to €2m, was made possible by FMO committing €20m and OeEB contributing €10m. HTF, launched in 1994 as a public-private partnership between Hivos and Triodos Bank, has a long history of funding microfinance institutions in emerging markets. It provides short-term loans for working capital and longer-term loans based on a company's track record.
HTF invests in opportunities where it can have a transformative impact. Successful investments may transition to Triodos Impact Management's mainstream impact funds. Since its inception, HTF has invested over €300m in 107 high-impact initiatives across 49 countries, helping millions of rural women access financial services.
The €30m investment by FMO and OeEB in HTF will support SMEs in developing countries, fostering growth in renewable energy and sustainable agriculture. With total assets under management now around €95m, HTF continues its mission to create positive change through strategic investments in emerging markets.
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