by Investment | Nov 11, 2024 | Investment Announcements, News, Portfolio Companies
Purpose Capital has partnered with Harbour Infrastructure and Tupu Tonu (Ngāpuhi Investment Fund), to provide equity funding for a 21MW solar farm project in Maungaturoto, Northland. The site is expected to generate around 32GWh of electricity per annum, which is...
by Admin | Oct 16, 2024 | News
Purpose Capital has been recognized as a Responsible Investment Leader by the Responsible Investment Association Australasia (RIAA) for the second year running. We placed in the top 20% of organisations assessed, demonstrating leading practice in our commitment to...
by Investment | Jul 23, 2024 | News
The Operating Principles for Impact Management (Impact Principles) is hosted by the Global Impact Investing Network (GIIN), the leading industry body for Impact Investing globally. The Impact Principles help investors ensure that impact is integrated throughout the...
by Investment | Apr 9, 2024 | Investment Announcements, News, Portfolio Companies
In March 2024 Purpose Capital led a $7.4M syndicated follow-on investment into Lodestone Energy The Purpose Capital impact syndicate consisted of Purpose Capital Impact Fund, Tauhara North No2 Trust, Trust Horizon, as well as investors from the Purpose Capital Impact...
by Investment | Dec 3, 2023 | News, Portfolio Companies
We are pleased to share that Lodestone Energy is generating power at its Kaitāia solar farm – marking a major milestone for utility-scale solar in New Zealand. Purpose Capital led a $10M syndicated investment into Lodestone Energy’s series B raise last year. Their...
by Investment | Nov 6, 2023 | Investment Announcements, News, Portfolio Companies
Largest investment to date Purpose Capital Impact Fund has made a $3m investment into Cool Group Ltd. Cool Group is a New Zealand-owned and operated company whose subsidiaries include: CoolSense NZ Ltd, Original Equipment Manufacturer (OEM) of commercial and...