Nala Renewables is a 50/50 joint venture between the Trafigura Group, one of the world’s leading independent commodity trading companies, and IFM Net Zero Infrastructure Fund, an open-ended investment fund managed by global institutional fund manager IFM Investors. This means that we have the benefit of a global network combined with a unique business-building approach and renewable energy expertise, to develop a differentiated renewable energy investment platform.
It also means that we have strong access to pipeline and offtake. Trafigura is contributing projects under development with a total generation capacity of 500 megawatts and a long-term offtake agreement for some of the renewable assets.
About Trafigura
Trafigura is a leading commodities group, owned by its employees and founded 30 years ago. At the heart of global supply, Trafigura connects vital resources to power and build the world – responsibly and efficiently. We deploy infrastructure, market expertise and our worldwide logistics network to move oil and petroleum products, metals and minerals, gas and power from where they are produced to where they are needed, forming strong relationships that make supply chains more efficient, secure and sustainable. We invest in renewable energy projects and technologies to facilitate the transition to a low-carbon economy, including through joint ventures H2Energy Europe and Nala Renewables.
The Trafigura Group also comprises industrial assets and operating businesses including multi-metals producer Nyrstar, fuel storage and distribution company Puma Energy, and our Impala Terminals joint venture. The Group employs over 12,000 people and is active in 156 countries.
For more information, please visit: www.trafigura.com
About IFM Net Zero Infrastructure Fund
IFM Net Zero Infrastructure Fund (“IFM NZIF”) is a perpetual, open-ended investment fund that invests in assets centred on the transition to a net-zero emissions economy. Renewable energy and energy storage are key sector focuses for IFM NZIF.
IFM Investors, the manager of IFM NZIF, is a global investment management firm with USD137 billion in funds under management on behalf of 626 institutional investors, across four asset classes: infrastructure, private equity, debt and listed equities. IFM’s global infrastructure team comprises more than 100 investment professionals located in North America, Europe, Asia and Australia who have extensive transactional, portfolio management, financial and operational expertise. IFM manages over USD64 billion in infrastructure equity globally and the firm is one of the largest infrastructure managers in the world. IFM Investors has offices in ten locations; Melbourne, Sydney, New York, London, Berlin, Tokyo, Hong Kong, Seoul, Zurich and Amsterdam.
For more information, please visit: www.ifminvestors.com
