Hivos-Triodos Fund Gets €30m Boost to Support SMEs in Renewable Energy and Agriculture
The Hivos-Triodos Fund (HTF) has received a €30m boost from FMO and OeEB, bringing its total assets under management to approximately €95m. Since its inception in 1994, HTF has invested over €300m in 107 high-impact initiatives across 49 countries, supporting SMEs in renewable energy and sustainable agriculture, and helping millions of rural women access financial services.
HTF, a public-private partnership between Hivos and Triodos Bank, provides tailored financing solutions. It offers short-term loans for working capital and longer-term loans for capital expenditures, based on the company's needs and track record. The fund invests in opportunities where it can have a transformative impact, with successful investments potentially moving to Triodos Impact Management's mainstream impact funds.
Investments range from €300,000 to €3m, with an average ticket size of €1m to €2m. FMO's investment was €20m, while OeEB contributed €10m. This latest investment will support SMEs in developing countries, fostering growth in renewable energy and sustainable agriculture.
With the additional €30m from FMO and OeEB, HTF can continue its mission to drive positive change through impact investing. The fund's track record and approach have already transformed numerous lives and businesses, and this new investment ensures that HTF remains a powerful force for good in developing countries.
