PARIS, Oct. 23, 2025 — Sustainable investment manager Mirova, an affiliate of Natixis Investment Managers, announced that its Mirova Energy Transition 6 (MET6) Fund has reached €1.2 billion ($1.3 billion) in commitments at its second close. The milestone brings the fund more than halfway to its €2 billion target, reflecting robust demand from institutional investors for resilient, low-carbon assets.
Deployment and Strategy
The MET6 fund, launched in 2023, has already deployed nearly €1 billion across 10 projects, spanning:
- Renewable energy portfolios
- Independent power producers
- E-mobility ventures
- Energy storage and efficiency solutions
The strategy focuses on OECD markets, targeting both greenfield and brownfield infrastructure, as well as corporate platforms driving the energy transition.
Investor Appetite
Backed by a mix of returning investors and new partners, the fund’s rapid progress highlights the accelerating shift of capital toward climate-aligned investments. Mirova’s previous energy transition vehicle, MET5, raised €1.6 billion, setting a strong precedent for the current fund.
Broader Context
The second close comes amid record global flows into sustainable finance, with investors seeking stable, long-term returns while supporting decarbonization goals. Mirova’s CEO emphasized that the fund is designed to “channel capital into projects that deliver both financial performance and measurable environmental impact.”
Outlook
With fundraising continuing through 2025, Mirova expects MET6 to reach its €2 billion target by final close. The firm says the fund will play a pivotal role in scaling renewable capacity and accelerating the transition to net-zero energy systems across developed markets.
Summary: Mirova’s Energy Transition 6 Fund has raised $1.3 billion at its second close, already deploying nearly €1 billion into renewable and e-mobility projects. With a €2 billion target in sight, the fund reflects surging investor demand for sustainable infrastructure and positions Mirova as a leading player in financing the global energy transition.
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