Unterzeichnung(en)
Übersicht
- Dienstleistungen - Erbringung von Finanz- und Versicherungsdienstleistungen
The operation concerns a participation in the Africa Renewable Energy Fund, a closed-end private equity fund established for the purpose of making equity and quasi-equity investments in renewable energy projects across sub-Saharan Africa (excluding South Africa). Within this sector, the Fund plans to focus on small hydro, wind and solar projects, whilst remaining open to opportunities in geothermal, stranded gas and captive biomass technologies.
The Fund plans to make between 8 and 12 investments in renewable energy projects throughout sub-Saharan Africa (excluding South Africa), targeting controlling positions in medium size projects in all development stages, with an energy output between 5 and 50 MW.
The Fund’s operational guidelines will provide for environmental and social due diligence of all projects, according to guidelines acceptable to the EIB.
The Fund will be required to ensure that implementation of the underlying projects is done in accordance with the EIB Guide to Procurement.
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