Camco Annual Report 2025: A defining year of growth, transformation and impact

Camco is pleased to announce the release of its 2025 annual report, highlighting a defining year for the business marked by transformation, disciplined execution and meaningful progress across emerging markets.

Despite challenging market conditions, Camco strengthened its position as a leading climate and impact fund manager, expanding its platforms, welcoming new colleagues, opening new offices and financing high-impact solutions across Africa, Latin America, the Pacific and beyond.

By the end of 2025, Camco managed USD363m in assets under management across funds and platforms operating in 54 countries, reflecting the company's continued evolution into a multi-fund, multi-geography impact manager.

Platform growth and strategic milestones

The report highlights a number of significant achievements across Camco's platforms during the year.

REPP 2 built strong momentum following its first close in late 2024, completing its first investment and continuing to expand its pipeline. The REPP 2 Technical Assistance Facility exceeded its delivery targets, while Spark scaled significantly, completing its largest solar transaction to date and expanding into Nigeria and Tanzania.

The year also saw TIDES secure its first investor agreements, laying the groundwork for a successful close in 2026, while LMDF reached its deployment targets and adopted a refreshed strategy aligned with evolving market opportunities.

Delivering impact at scale

By 31 December 2025, Camco-managed platforms and funds had achieved cumulative results including:

• 342MW of renewable energy capacity funded

• 1.6 million direct beneficiaries and 2.2 million indirect beneficiaries

• 3,992 MSMEs and 679 critical services electrified

• 88,612 hectares of forest sustainably managed and 10,480 m³ of sustainable timber produced by FCCF investees

• 229,629 tCO₂e emissions avoided

Commenting on the year, Camco CEO Geoff Sinclair said: "2025 was a defining year for Camco — one of transformation, disciplined execution and meaningful progress. We scaled our impact, sharpened our delivery and made significant strides toward building a more sustainable future in emerging markets."

Read Camco's 2025 Annual Report here.