Mirova has committed $19 million to Cold Solutions Kiambu (SEZ) Limited through its Mirova Gigaton Fund, announced on January 21, 2026.
This investment supports the expansion of sustainable, energy-efficient cold chain warehousing and logistics in Kenya, with a focus on integrating rooftop solar power to reduce operational emissions and enhance climate resilience.
Cold Solutions Kiambu provides temperature-controlled storage facilities and logistics services, preserving perishable agricultural products and maintaining the integrity of pharmaceuticals, including vaccines, across East Africa.
Advancing Sustainable Agri-Solar Logistics
The funding enables Cold Solutions to scale its flagship facility in Tatu City, incorporating on-site solar generation to supply a significant portion of refrigeration loads.
This agri-solar approach lowers energy costs, reduces reliance on the grid, and aligns with low-global-warming-potential refrigerants and efficient systems.
By addressing post-harvest losses estimated to affect up to 40% of produce in some East African contexts, the investment contributes to improved food security, reduced waste, and enhanced farmer incomes through better market access for perishables.
John Kimotho, Investment Director at Mirova Kenya, stated, “This financing exemplifies how the Mirova Gigaton Fund aims to accelerate transformative climate solutions in emerging markets. By backing Cold Solutions Kiambu, we’re scaling clean-powered, climate-aligned, and operationally resilient cold chain infrastructure, critical for food security and health systems across East Africa.”
Dual Impact on Food Systems and Healthcare
The expanded infrastructure supports both agricultural value chains and pharmaceutical supply chains. For agriculture, reliable cold storage extends shelf life for fruits, vegetables, dairy, and fisheries products, facilitating exports and domestic distribution.
For healthcare, consistent temperature control ensures vaccine efficacy and pharmaceutical stability, strengthening public health delivery in the region.
Suki Muia, Investment Director at ARCH Emerging Markets Partners, remarked, “Our partnership with Mirova underscores our commitment to working with like-minded investors to reduce food loss, strengthen food systems, and support vaccine efficacy across East Africa, all in a sustainable, energy-efficient manner.”
Role of the Mirova Gigaton Fund
Launched in 2023 with $400 million in blended finance, the Mirova Gigaton Fund targets clean energy and climate-resilience projects in underserved markets, predominantly Sub-Saharan Africa.
Its layered capital structure of combining senior and junior tranches with guarantees attracts private investors to long-duration, complex assets such as infrastructure with stable but lower initial returns.
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This $19 million commitment exemplifies the fund’s strategy to mobilise additional capital toward high-impact sectors while delivering environmental and social benefits aligned with UN Sustainable Development Goals.
Broader Implications for Kenya and East Africa
Kenya’s cold chain capacity remains underdeveloped relative to demand, constraining agricultural productivity and healthcare reliability.
Mirova’s investment bridges this infrastructure gap, promoting energy-efficient solutions that mitigate climate risks and support economic resilience.
The project sets a precedent for scalable, climate-aligned logistics in emerging markets.
Looking Ahead
Mirova’s $19 million investment in Cold Solutions Kiambu advances sustainable cold chain development in Kenya, integrating renewable energy to enhance food security, reduce waste, and safeguard pharmaceutical integrity.
Through the Mirova Gigaton Fund’s blended finance model, this transaction catalyses private capital toward critical climate-resilient infrastructure in East Africa.
As of January 22, 2026, the initiative reinforces the potential of targeted climate investments to address systemic gaps in emerging markets.
For the most current details, consult official announcements from Mirova and Cold Solutions Kiambu.
Cold Solutions Overview
Cold Solutions East Africa operates as a refrigeration and cold-chain services provider with a strong presence in the region, including Cold Solutions Kenya where it delivers temperature-controlled logistics and facility solutions.
The company advertises Cold Solutions services tailored to food, beverage, pharmaceutical and industrial clients, with Cold Solutions prices varying by project scope and specification.
For those seeking opportunities, listings such as Cold Solutions Tatu City jobs vacancies and broader Cold Solutions Kenya vacancies are periodically posted through recruitment channels and job boards.
Ronnie Paul is a seasoned writer and analyst with a prolific portfolio of over 1,000 published articles, specialising in fintech, cryptocurrency, climate change, and digital finance at Africa Digest News.
