Ilmastorahasto Oy

Sovereign Wealth Fund Uusimaa, Finland ·Founded 2020

Overview

Ilmastorahasto Oy is a Finnish government-owned fund established to promote investments that address climate change and enhance environmental sustainability. The fund's primary objective is to support projects that contribute to reducing greenhouse gas emissions, advancing low-carbon technologies, and fostering digitalization within Finland. It operates under the ownership steering of the Ministry of Economic Affairs and Employment. The fund's investment strategy emphasizes financing projects that align with its mission, including those in renewable energy, energy efficiency, and sustainable infrastructure. Ilmastorahasto Oy provides capital to both established companies and startups, aiming to accelerate the transition to a low-carbon economy. It offers various financial instruments, such as equity investments and loans, tailored to the specific needs of each project. Since its inception, Ilmastorahasto Oy has been actively involved in financing initiatives that support Finland's climate goals. The fund's investments are guided by criteria that ensure the projects contribute positively to environmental sustainability and economic development. By leveraging its resources, Ilmastorahasto Oy plays a pivotal role in driving Finland's efforts toward a sustainable and low-carbon future.

Investment Focus

  • Projects must contribute to reducing greenhouse gas emissions
  • Projects should advance low-carbon technologies
  • Investments should foster digitalization within Finland
  • Projects must align with Finland's climate goals
  • Investments should support sustainable economic development

Portfolio Companies

Solar FoodsElstor Oy

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Frequently asked questions about Ilmastorahasto Oy

What sectors does Ilmastorahasto Oy invest in?

Ilmastorahasto Oy invests in Financial Services, Technology, Healthcare, Energy, Real Estate and Infrastructure, and is based in Uusimaa, Finland. Ilmastorahasto Oy is listed as a sovereign wealth fund in the ConnectSafely investor database.

What stage does Ilmastorahasto Oy invest at?

Ilmastorahasto Oy backs companies at Growth, Late Stage, Pre-IPO, Buyout, Turnaround and Distressed, writing cheques of 1M - 50M.

Which regions does Ilmastorahasto Oy invest in?

Ilmastorahasto Oy invests across Finland.

What companies has Ilmastorahasto Oy invested in?

Ilmastorahasto Oy's portfolio includes Solar Foods and Elstor Oy.

Last updated · Source: ConnectSafely investor database