ABC Impact closes second funding round at $789.5m

Its investment strategy centers on four priority sectors, including clean energy and climate resilience.

Asia-focused impact investment firm, ABC Impact, has completed the closing of its second fund at over $789.5m (USD600m), doubling the size of Fund I.

Its investment strategy centers on four priority sectors, including clean energy and climate resilience, inclusive finance and digital access, healthcare and education, and sustainable food systems.

Investments to date include Aye Finance in India, which provides loans to micro and small enterprises; Tekoma Energy in Japan, a renewable energy developer specialising in solar projects; and DCDC Kidney Care, one of India’s largest affordable dialysis networks.

($1=USD0.76)