EDELWEISS CLIMATE FUND - GLOBAL GATEWAY

Promoteur – Intermédiaire Financier

EDELWEISS ALTERNATIVE ASSET ADVISORS LTD

Lieu

• Inde

Description

The project consists in a climate fund focusing on India that supports decarbonisation and circular economy.

Objectifs

The fund will invest in greenfield projects (directly into assets / platforms) in India. Supported sectors include renewable energy (generation / transmission / distribution), transport decarbonisation (EV infrastructure), industrial decarbonisation (energy efficiency), digital infrastructure, water treatment and waste recycling / management.

Secteur(s)

• Énergie - Production et distribution d'électricité, de gaz, de vapeur et d'air conditionné
• Industrie - Construction

Montant BEI envisagé (montant approximatif)

USD 60 million (EUR 56 million)

Coût total (montant approximatif)

USD 300 million (EUR 281 million)

Aspects environnementaux

The Fund will be required to have an environmental and social policy and the appropriate management systems in place so as to comply with the EIB's social requirements. The assessment of the environmental, climate and social impacts and risks will be part of the standard due diligence process that the fund will have to carry out for each portfolio company and any underlying investment and, thereby ensuring that the portfolio and these investments are in compliance with national law and in line with the principles and standards of relevant EU environmental legislation as well as the EIB's Environmental and Social Standards.

Passation des marchés

The EIB will require the promoter to ensure that implementation of the project will be done in accordance with the EIB's Guide to Procurement.

Statut

À l'examen - 18/12/2023