Impact Fund Denmark is investing in the 500 MWp Lasso 2 solar project in northern Luzon, Philippines. The project is being developed and will be operated by Vena Energy. The project is currently under construction and is expected to become operational in 2027. Furthermore, the investment is being made through the Danish SDG Investment Fund II, established by Impact Fund Denmark together with PenSam, P+, PFA, PKA and PBU.
Earlier in October 2026, Impact Fund Denmark invested $35 million (DKK 230 million) in Indian company GreenCell Mobility through the Danish SDG Investment Fund II, backed by five Danish pension funds. The investment will support the expansion of electric bus operations across India.
In June 2026, Impact Fund Denmark announced an investment of $40 million (DKK 258 million) in Spiro to support the expansion of its electric motorcycle fleet and battery-swapping network across Kenya, Rwanda, Uganda, and other African countries. The investment was made through Impact Fund Denmark’s commercial SDG Fund II.
