Climate Fund Managers has launched Climate Investor Three. a global energy transition and green hydrogen fund.

The fund has secured initial commitments of EUR 150 million and allows public and private sector investors to access the energy transition and green hydrogen markets at a risk-return profile aligned with their mandates. It is structured as a family of funds and is a feeder fund which may invest directly into projects but may also invest into country-specific underlying funds.

The country-specific funds currently include:

SDG Namibia One (“CI3 Namibia”): an energy transition and green hydrogen fund in partnership with the Environmental Investment Fund of Namibia (EIF) and Invest International to incubate Namibia’s energy transition and green hydrogen sector markets.

SA-H2 Fund (“CI3 South Africa”): an energy transition and green hydrogen fund in partnership with Invest International and supported by Sanlam Limited of South Africa, the Development Bank of Southern Africa (DBSA), and the Industrial Development Corporation of South Africa (IDC), to promote the development of South Africa’s energy transition and green hydrogen sector markets.

Sebastiaan Surie, Head of Hydrogen at CFM said, “Green hydrogen is a cornerstone of the global energy transition, and emerging markets, with their vast natural capital, are poised to lead the charge. Through Climate Investor Three, we leverage our expertise in climate-resilient infrastructure to accelerate the energy transition, unlocking private sector investment for a large range of green hydrogen technologies and associated infrastructure, advancing global climate goals and promoting economic development and energy security where it is most needed.”

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