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Our news
February 2022

EDITORIAL

2021, a pivotal year of both consolidation and transition for STOA

2021 has been a year of consolidation, with the confirmation of our investment trajectory. We have managed to keep our momentum despite the socio-economic turmoil caused by the pandemic, which is certainly better understood, but persistent.

With more than 350 million euros of equity committed so far into 11 solid and diversified projects, STOA is expanding its portfolio and strengthening its reputation as an impact fund, mainly driven by the renewable energy and urban transport sectors. We affirmed our presence in Africa, where 45% of our commitments are concentrated. We also confirmed our willingness to be at the forefront of climate change mitigation and adaptation, as 80% of our portfolio have climate co-benefits.

Alongside our major partners, our action on the ground contributes to the financing of 6 billion euros of investment. Our ambition is to increase this volume to 9 billion euros by 2023, and well beyond after a second fundraising.

2021 has also been a year of transition, with the nomination of a duo at the head of the company, and the appointment of new directors to our Board. All together, we are bringing a gender-balanced governance. Our complementary skills and backgrounds will help us to collectively overcome new challenges ahead.

2021 was also the year we strengthened our asset management capabilities with the creation of a dedicated team, and affirmed of our impact fund DNA.

Building on these successes, STOA looks forward to 2022 with the willingness to promote and act in favor of sustainable development.

Let’s work together for future generations and for a sustainable future!

Stoa edito

Marie-Laure Mazaud
STOA’s Chief Executive Officer

Our Investments

Guzmancito

Doubling the Installed Capacity of Los Guzmancito Wind Farm in the Dominican Republic – 13/01/2022

STOA has successfully closed its investment in Poseidón Energía Renovable SA, owned by the Dominican developer and investor Grupo Energético 23. Poseidón is the company in charge of the development, financing and active management Los Guzmancito wind farm project in the Dominican Republic. The first phase of the Project (48MW) has been operational since December 2019. Recently launched, the second phase of works will enable the extension of the wind farm to a total capacity of 100 MW, by October 2022. STOA therefore takes part in the financing of an essential infrastructure for the country, which committed to carbon neutrality by 2050.

To know more

Our projects

in key figures

Metro en_01
Metro_02
€1.1 bn of financing signed with Brazilian development bank BNDES. This is a crucial milestone for the financial close of this metro project, Latin America’s largest PPP.
60 MW commissioned at the Salima power plant, Malawi’s first utility-scale solar facility. STOA is proud to support the financing of this infrastructure, which contributes to the country’s ambition to massively integrate renewable energy into the grid.
Jcm_03
Jcm en_02
Daystar en_01
Daystar_02
10,5 MW of additional rooftop solar capacity to be installed by Daystar Power on Seven-Up Bottling Company (SBC) factories in Nigeria. This agreement allows the extension of the existing 1.5 MW solar rooftop capacity installed on two SBC factories.

Our Team

Nominations stoa

Management

STOA’s Board of Directors has appointed Marie-Laure Mazaud as CEO and Jean-Pierre Barral as Deputy CEO.

These appointments, effective since October 18, 2021, open a new chapter in STOA’s history, after a successful start in 2017.

Marie-Laure Mazaud and Jean-Pierre Barral will continue to embrace STOA’s investment strategy. They will hold a particular focus on the mobilization of additional resources for upstream project development. This goal will be achieved through an active collaboration with governments and industrial sponsors.

More information about their objectives, ambitions and background here

Linkedin mauve
Marie-Laure MAZAUD

Linkedin mauve
Jean-Pierre BARRAL

AWARDS

STOA received this award during the 14th edition of the PPP International Meetings, which took place on October 13 and 14 in Paris. This distinction was all the more important since Gabon, where STOA finances a bulk terminal aiming at reducing the country’s dependence to the oil industry, was the event’s country of honor.

Rencontres internationales

STOA

wins the Sustainable Investment Award
for its investment into of the
New Owendo International Port
(NOIP) in Gabon

Projet salima

Salima Solar Plant

Plant is designated
Utility-Scale Project
of the Year

Recently commissioned, the Salima power plant received this award from the Africa Solar Industry Association (AFSIA), during the Africa Energy Forum held last November 16. A well-deserved recognition for the work of JCM Power, STOA’s partner since 2019.

Private Equity Africa delivered its recognition to fiber optics operator Metrofibre Networx’s (MFN) funding round closed in November 2020, for an amount of ZAR 1.5 mds (€ 85mn). As a shareholder of MFN since 2019, STOA had participated to the capital raise alongside AIIM and SAHIF.

Private equity africa

MetroFibre Networx’s
capital raise

involving STOA,
receives the Infrastructure
Deal of the Year award.

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Linkedin mauve Bio www.stoainfraenergy.com

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