Environmental finance names sunwealth solar impact fund 2022 environmental fund of the year

On June 29th, Environmental Finance named Sunwealth’s Solar Impact Fund their 2022 Environmental Fund of the Year (North America). The award was announced as part of Environmental Finance’s 2022 Sustainable Investment Awards, which recognize a global group fund and asset managers incorporating ESG across all asset classes. Other 2022 awardees include Wellington Management, Brown Advisory, Breckinridge Capital Advisors, Moody’s, and MSCI.

As demand for ESG funds and green bonds hit record highs, the Fund of the Year Award highlights Sunwealth’s focus on using solar investment to address climate change and inequality, putting capital to work in underserved markets across the U.S.

Sunwealth has deployed close to $100 million in over 500 community-scale solar projects across the U.S. These projects reduce carbon emissions, deliver solar access and savings to customers, and support green jobs and revenues for local solar installers, while delivering strong, stable fixed-income returns to investors.

“In a volatile market, Sunwealth’s Solar Impact Fund continues to deliver uncorrelated fixed-income returns through a diversified pool structure providing strong, measurable environmental and social impact for our communities,” said Jon Abe, CEO of Sunwealth. “We’re proud to be recognized by Environmental Finance as their Environmental Fund of the Year.”

Read Environmental Finance’s write up on the award here.