FridayOL

Auckland-based Mufin Green Finance, a rising star in New Zealand's burgeoning green finance sector, has secured a significant investment boost from offshore investors. The company, which specialises in providing accessible and affordable financing for electric vehicles (EVs) and related infrastructure, has attracted attention from international players keen to capitalise on the country's commitment to sustainability.

Mufin Green Finance is backed by the Incofin India Progress Fund, a Belgium-based impact investment fund known for its focus on supporting businesses driving positive social and environmental change in emerging markets. The company also counts Lighthouse Canton among its investors, further solidifying its credibility and attracting further interest.

Why is this significant for New Zealand?

This investment isn't just good news for Mufin; it's a positive signal for New Zealand's green economy as a whole. It demonstrates that international investors see potential in our efforts to transition to a low-carbon future. The increased capital injection will allow Mufin to expand its operations, reach more customers, and ultimately accelerate the adoption of EVs across the country.

What does Mufin Green Finance do?

Mufin’s core mission is to make EV ownership and charging infrastructure more readily available to everyday Kiwis. They provide financing solutions for individuals, businesses, and fleet operators looking to switch to electric vehicles. This includes:

• Consumer Financing: Helping individuals finance the purchase of EVs, making them more accessible to a wider range of households.
• Business & Fleet Financing: Providing tailored financing options for businesses and organisations looking to electrify their fleets.
• Charging Infrastructure Financing: Supporting the development of public and private charging infrastructure, addressing a key barrier to EV adoption.

The Growing Green Finance Landscape in NZ

New Zealand’s commitment to reducing carbon emissions and transitioning to a sustainable economy has created a fertile ground for green finance initiatives. Government policies, incentives, and increasing public awareness are all contributing to the growth of this sector. Mufin Green Finance is well-positioned to benefit from this trend, and this new investment will undoubtedly fuel its expansion.

Looking Ahead

With this fresh injection of capital, Mufin Green Finance is poised for significant growth. They plan to expand their product offerings, increase their reach across New Zealand, and continue to play a vital role in accelerating the country’s transition to a cleaner, greener future. The company’s success serves as a testament to the potential of New Zealand’s green finance sector and its ability to attract international investment.

The details of the investment amount haven’t been publicly released, but sources close to the company confirm it’s a substantial sum that will significantly bolster Mufin’s operations and growth trajectory.