Press releases

IFC Partners with BLS to Strengthen Morocco’s Logistics Sector and Create Jobs
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Washington D.C., October 23, 2024 – IFC today announced an investment in Building Logistics Services S.A (BLS), a leading logistics operator in Morocco. The investment will support the company’s growth strategy, create jobs, and deepen Morocco’s role as a regional...
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Candi Solar secures $38 million funding to accelerate clean energy expansion in India and South Africa
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Zurich, June 10, 2024 - Candi Solar, a pioneering clean energy company specialising in solar power solutions for commercial and industrial (C&I) clients, announces the successful closure of its Series C funding round, securing $38 million in equity investment. The...
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Visuel CP NetZero
French greentech NetZero raises €18 million from impact fund STOA to accelerate the industrialization of its biochar model
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Paris (France) and São Paulo (Brazil), 27 March 2024 – As part of the state visit of French President Emmanuel Macron in Brazil, NetZero, a French industrial company specializing in the large-scale rollout of biochar in the tropics, has signed...
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Logos STOA, Octotel, RSAWEB
AIIM together with STOA and Thebe expand footprint in South African digital infrastructure sector, acquiring Octotel and RSAWeb from Actis
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25 March 2024 – A consortium led by African Infrastructure Investment Managers (AIIM), one of Africa’s largest infrastructure-focused private equity fund managers and a division of Old Mutual Alternative Investments, and also comprising STOA, a leading impact fund in infrastructure and energy dedicated...
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Equator
STOA and IBL Energy welcome Inspired Evolution in the majority holding consortium of Equator Energy – East Africa’s C&I solar market leader
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STOA and IBL Energy have offered a significant minority stake to Inspired Evolution’s Evolution III Fund in the company holding a majority stake in Equator Energy Limited, a leading commercial and industrial (C&I) solar provider in East Africa. STOA and...
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Image de mise en avant - communiqué de presse Husk
STOA, DFC and Proparco join FMO and other existing investors in a $43 million equity investment in minigrid leader Husk Power Systems, to improve energy access in rural Sub-Saharan Africa and India
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October 24, 2023 – Husk Power Systems (Husk), the leading minigrid company serving rural communities in Sub-Saharan Africa and South Asia, has secured a new round of equity investment totalling $43 million. New investors include STOA, which led the round,...
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Red Rocket
Red Rocket soars as a leading Independent Power Producer in Africa, bolstered by USD160 Million Investment
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Cape Town, 26 September 2023 – Red Rocket, the forward-thinking Independent Power Producer (IPP) headquartered in Cape Town, is propelling its mission for a cleaner, sustainable energy future for Africa to unprecedented heights. Today, the IPP celebrates a significant milestone,...
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Patrizia Marraghini et Wilfrid Lauriano do Rego
Patrizia Marraghini and Wilfrid Lauriano do Rego are joining STOA’s Board of Directors
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Paris, June 29, 2023 STOA, an impact fund specializing in the financing of sustainable and resilient infrastructure, announces the appointment of Patrizia Marraghini and Wilfrid Lauriano do Rego to STOA’s Board of Directors. Both will participate in the governance of...
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L'AFD et la CDC réaffirment leur mobilisation en faveur d'infrastructures durables
With STOA, CDC and AFD reassert France’ commitment to financing sustainable infrastructure internationally
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Paris, the 21st of June 2023 As the Summit for a new global financing pact opens in Paris, Caisse des Dépôts (CDC) and Agence Française de Développement (AFD) reassert their support to STOA, an impact fund financing sustainable and resilient...
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STOA joins the shareholding of leading East-African C&I operator, Equator Energy
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STOA, the energy and infrastructure impact fund created by Caisse des Dépôts et Consignations (CDC) and Agence Française de Développement (AFD), is part of the consortium that has signed an agreement to acquire a majority stake in Equator Energy Ltd...
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