Energy investment fund Impax acquires controlling interest in German financial technology firm focused on renewable energy.
In a significant development, the European Investment Bank (EIB) has partnered with Rabobank to provide a €1bn SME financing deal, falling under the categories of Climate & environment, EU funding, and Investment. This deal is also categorised under Blended finance, Bonds, Development finance, and Financial inclusion.
Meanwhile, UK-based private markets fund manager NEV IV has acquired a majority stake in clean energy fintech provider Bullfinch Asset. NEV IV, on behalf of its fourth private markets infrastructure fund, made this acquisition in July 2025. It's important to note that NEV IV previously bought a minority stake in Bullfinch three years ago and also set up a joint venture called Greenfinch.
With this acquisition, Bullfinch Asset's current growth strategy focuses on leveraging its clean energy financial technology expertise to expand within the clean energy sector. The acquisition is positioned to support Bullfinch Asset’s scale-up and further market penetration in clean energy infrastructure investments, aligning with Impax's fund mandate on sustainable real assets. However, specific detailed strategic initiatives post-acquisition have not been explicitly outlined in the available search results.
Hugo Merida-Barba, a founding partner of Bullfinch, has been appointed as the firm's new sole CEO. Merida-Barba, along with Christoph Wetzel, an insurance and financial services expert, who has been elevated to the position of chair at Bullfinch, have experience in scaling innovative businesses and played a key role in driving Bullfinch's strategic initiatives forward.
Bullfinch Asset runs a technology platform that manages and finances renewable assets such as solar panels, battery storage, chargers for electric cars, and heat pumps. Greenfinch, a joint venture between NEV IV and Bullfinch, has funded and serviced more than 9,400 domestic solar and storage systems for German homeowners.
Elsewhere, Swedfund has reaffirmed its commitment to an African microfinance specialist by providing a consecutive loan. The loan is given in the categories of Agri-food, Development finance, and Financial inclusion.
Lastly, IIX has launched its seventh Women's Livelihood Bond with a $60m tranche. This bond aims to support women-owned businesses and promote gender equality.
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- The European Investment Bank (EIB) and Rabobank have partnered for a €1bn SME financing deal, covering Development finance, Blended finance, Financial inclusion, and Investing, while focusing on Climate & environment and the EU's funding.
- UK-based NEV IV, through its fourth private markets infrastructure fund, acquired a majority stake in clean energy fintech provider Bullfinch Asset in July 2025, aligning with Impax's fund mandate on sustainable real assets.
- Hugo Merida-Barba, one of Bullfinch's founding partners, has been appointed as sole CEO, with Christoph Wetzel assuming the role of chair at Bullfinch, after successfully driving strategic initiatives for the fintech firm.
- Bullfinch Asset's technology platform manages and finances renewable assets like solar panels, battery storage, electric car chargers, and heat pumps. Greenfinch, their joint venture with NEV IV, has funded and serviced over 9,400 domestic solar and storage systems for German homeowners.
- Swedfund has renewed its backing of an African microfinance specialist, providing another loan for projects in Agri-food, Development finance, and Financial inclusion.
- IIX has launched its seventh Women's Livelihood Bond with a $60m tranche, aiming to support women-owned businesses and foster gender equality.
