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 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...
by Investment | Oct 20, 2022 | Investment Announcements, News, Portfolio Companies
Lodestone Energy is pioneering, at a significant scale, utility-scale solar agri-voltaics in New Zealand. Upon completion, Lodestone’s solar electricity generated across its five farms will increase solar generation in New Zealand by 8 times the 2021 levels. Once it...
by Investment | May 9, 2022 | News, Portfolio Companies
Tauranga is set to receive a much-needed increase in supply of affordable, healthy, and well-located homes that put social and environmental needs at the forefront thanks to impact investment fund, Purpose Capital, it’s partners, and specialist build-to-rent company...
