Mirova Targets Asian Energy and European Agriculture in New Fund Push

Raphaël Lance, head of Private Assets at Mirova, confirmed the firm will debut a European regenerative agriculture fund in September, followed by an Asian energy transition vehicle later this year. The Asian fund is set to concentrate on solar, wind, storage, and electric vehicle infrastructure in India, the Philippines, Taiwan, Indonesia, and Thailand. According to Lance, the current geopolitical climate—marked by conflicts in Ukraine and Iran—has shifted the energy transition narrative from purely climate-driven goals to a critical requirement for national energy security.

Mirova’s strategy relies heavily on the firm's existing expertise in ESG-compliant assets. While the majority of its current energy-focused capital resides in Europe, Lance views Asia as a high-growth frontier. Parallel to these energy efforts, the firm is deepening its commitment to regenerative agriculture, a practice that replaces synthetic fertilizers with natural soil biology and compost to reduce emissions. To mobilize these investments, the firm frequently employs blended finance, utilizing public capital to de-risk projects and attract private institutional interest. Market analysts, including Edmund Shing of BNP Paribas Wealth Management and Paul McMahon of SLM Partners, support the thesis that energy security and sustainable land management represent increasingly essential hedges against inflation and long-term portfolio volatility.