Nala Renewables is a joint venture between the Trafigura Group, one of the world’s leading independent commodity trading companies, and IFM Investors, a global institutional fund manager. 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.
Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. Trafigura sources, stores, transports and delivers a range of raw materials (including oil and refined products and metals and minerals) to clients around the world and has recently established a power and renewables trading division.
The trading business is supported by industrial and financial assets, including a majority ownership of global zinc and lead producer Nyrstar which has mining, smelting and other operations located in Europe, Americas and Australia; a significant shareholding in global oil products storage and distribution company Puma Energy; global terminals, warehousing and logistics operator Impala Terminals; Trafigura's Mining Group; and Galena Asset Management.
With circa 850 shareholders, Trafigura is owned by its employees. Over 8,500 employees work in 48 countries around the world. Trafigura has achieved substantial growth over recent years, growing revenue from USD12 billion in 2003 to USD147 billion in 2020. The Group has been connecting its customers to the global economy for more than two decades, growing prosperity by advancing trade.
For more information, please visit: www.trafigura.com
About IFM Investors
IFM Investors is a global investment management firm with USD108 billion in funds under management on behalf of 470 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 USD44 billion in infrastructure equity globally and the firm is one of the largest infrastructure managers in the world. IFM Investors has offices in nine locations; Melbourne, Sydney, New York, London, Berlin, Tokyo, Hong Kong, Seoul and Zurich.
For more information, please visit: www.ifminvestors.com