Investments made by BII into this fund:
| Investment name | Commitment | Region | Sector | Start date | Status |
|---|---|---|---|---|---|
| Investment 01 | $20.81m | December 2022 | Active |
The Urban Resilience Fund B – International Municipal Investment Fund SCSp
The Urban Resilience Fund (TURF) is Meridiam’s third Africa-focused infrastructure fund. TURF aims to deliver high-impact urban resilience projects in selected African cities, targeting a minimum of 85 per cent climate finance at the fund level. The fund will aim to invest in urban mobility (e.g. bus rapid transit and cable cars), energy transition (e.g. microgrids management), built community environment (e.g. flood and heat protection, smart city solutions, smart street lighting and electric vehicle charging), and circular economy and waste management (e.g. water treatment and landfill management).
