Two cobalt(II) porphyrin-C(60) malonate-linked conjugates, the mono-connected Co1 and the bis-connected trans-2 isomer Co3, have been synthesized for the first time either by direct cyclopropanation with the precursor malonate Co4 or by metalation of the bisadduct H(2)3. For the investigation of the interaction between the porphyrin donor and fullerene acceptor within these dyads, electrochemical and photophysical investigations have been carried out. Compared to Zn3 and trans-2 bisadduct 7, the first reduction of the fullerene moiety within Co3 becomes easier (40 mV in dichloromethane and 20 mV in benzonitrile), indicating significant interactions between the pi-system of the fullerene and the d-orbitals of the central Co atom. Compared to the Co complexes 9, Co4, and Co1, the first oxidation of Co3 is considerably shifted to more positive potentials, if benzonitrile instead of dichloromethane is used as solvent. At the same time, the oxidation is no longer centered on the Co(II) center but on the porphyrin macrocycle, as corroborated by spectroelectrochemistry. A similar solvent dependence was observed in transient absorption spectroscopic measurements. In toluene, benzonitrile and anisole photoinduced electron transfer within Co3 leads to the formation of a charge-separated state Co(II)P.+ -C(60).- with a lifetime of 560 +/- 20 ns in benzonitrile, whereas in other solvents such as THF, nitrobenzene, ortho-diclorobenzene, and tert-butylbenzene the formation of a Co(III)P-C(60).- as transient was detected, which is, however, short-lived (860 +/- 40 ps in THF) and exhibits charge recombination dynamics that are in the Marcus inverted region. Particularly important is the fact that the electronic coupling (V) in Co(III)P-C(60).- is 18 cm(-1) substantially smaller than the V value of 313 cm(-1) in ZnP.+ -C(60).- .