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The Africa Renewable Energy Fund (AREF) invests into small hydro, wind, geothermal, solar, stranded gas and biomass projects across Sub-Saharan Africa (excluding South Africa).

At target size, the Fund plans to make between 8 and 12 investments in renewable energy projects, targeting controlling positions in medium size projects in all development stages, with an energy output between 5 and 50 MW.

Country of incorporation
Mauritius
Fund size
200.1m
Geography
Sub-Saharan Africa excluding South Africa
Sector(s)
renewable energy
Vintage year
2014
EIB commitment
USD 16.6m
Website
http://www.berkeley-energy.com/