By Abdullahi Lukman
Mirova, a sustainable investment affiliate of Natixis Investment Managers, has committed $19 million to Cold Solutions Kiambu (SEZ) Limited to support the expansion of energy-efficient cold storage and logistics services in Kenya, aiming to reduce food loss and strengthen regional food security.
The investment, made through the Mirova Gigaton Fund, will help scale up climate-friendly refrigeration systems and support the company’s growth in sustainable cold chain logistics serving agricultural and pharmaceutical markets.
Cold Solutions Kiambu operates a temperature-controlled warehouse in Tatu City with a capacity of about 15,000 pallet positions.
The facility uses ammonia-based refrigerants with no global warming impact and is partly powered by a rooftop solar system that supplies roughly 30 percent of its energy needs, reducing both emissions and operating costs.
By limiting post-harvest losses and preserving the quality of perishable goods and medical products, the company supports farmer incomes, supply chain resilience, and public health across East Africa.
Mirova said the investment aligns with the UN Sustainable Development Goals on zero hunger, responsible consumption, and climate action, and reflects its focus on financing climate-aligned infrastructure in emerging markets.
Partners involved in the project said the expansion will help strengthen food systems and vaccine storage while positioning Kenya as a regional leader in sustainable cold chain logistics.