Progress Builder

With a proven investment track record as specialists in infrastructure and energy projects, we are committed to  a shared vision of progress and have an entrepreneurial mindset. We work on the development of projects that are key to people’s wellbeing and their country’s sustainable growth.

Who are we?

Founded in 2017, STOA is an investment vehicle with capital from the Caisse des Dépôts and the French Development Agency, intended to finance new and existing infrastructure in developing countries. 

Our Key Sectors


Generation, storage, transmission and distribution in renewable energy, electricity and gas...


Water and waste treatment, sanitation, incineration, heating networks…


Web, fibre optic, undersea cables, data centres, satellites…


Highways, roads, bridges, tunnels, ports, airports, urban transit, railways...


Hospitals, clinics, universities, public buildings, student residencies...


  • Energy Cameroon

    Investment in an hydroelectric dam project

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  • Energy India

    Investment in a wind energy platform

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Our news


Impact Investing: STOA adopts IFC’s Principles for Impact Management #Investor4Impact

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STOA receives a new award for its contribution to the Nachtigal project

On the occasion of the Rencontres Internationales des PPP (RIPPP)  held in Paris, STOA via its CEO Charles-Henri Malécot, was awarded the Best PPP of the Year award in the Mediterranean and Africa region. This new award highlights the quality and robustness of the structuring of the Nachtigal project in the context of a rapidly changing electricity sector.

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