Date de publication: 12 mars 2019
Promoteur – Intermédiaire Financier
RESPONSABILITY INVESTMENTS AG,MULTICONCEPT FUND MANAGEMENT SALieu
Description
Investment fund providing debt financing to energy access companies that provide distributed generation solutions (primarily based on solar energy) to households and SMEs mainly Africa and Asia. Operation to be under the Luxembourg-EIB Climate Finance Platform.
Objectifs
The financing offered by the Fund will include working capital to finance inventory and/or receivables of energy access companies, as well as project debt to finance larger distributed generation projects for SMEs. Investments will be primarily in US Dollars, and on a selective basis in local currencies. The targeted geographical allocation of the Fund is 60% in Sub-Saharan Africa and 40% in South-Southeast Asia. The Fund will address a financing gap in the off-grid solar market, where the growth of off-grid solar energy providers is hampered by the lack of financing available from commercial banks due to the illiquidity of assets to be utilised as security by lenders.
Secteur(s)
- Énergie - Production et distribution d'électricité, de gaz, de vapeur et d'air conditionné
Montant BEI envisagé (montant approximatif)
EUR 5 million
Coût total (montant approximatif)
EUR 130 million
Aspects environnementaux
The fund's operational guidelines will provide for environmental and social due diligence of all projects, according to guidelines acceptable to the EIB.
Passation des marchés
The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.
Statut
Signé - 20/12/2019
Clause de non-responsabilité
Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).