South Asia Clean Energy Fund
The South Asia Clean Energy Fund (SACEF) is a closed-end limited partnership that targets companies active in the environment sector in South Asia.
Amount
€ 3,744,000.00
Type of investment
Equity
Development impacts
- Local economic growth
- Access to basic services & goods
- Fight against climate change and preservation of natural resources
Beneficiary locations
Investment field
Investment Companies & Funds
Activity
SME Fund
Organisation
South Asia Clean Energy Fund
Domicile
The investee companies will be active in the following sectors: environmental products and services, energy efficiency technology and services, renewable energy generation.
The fund will be managed by South Asia Clean Energy Management, a 100% subsidiary of GEF Management Corporation. Created in 1990, Global Environment Fund has over 20 years of domain knowledge and experience in investing in the environment sector and services. They have managed more than $1 billion investments worldwide in the sector over the last 12 years.
Development impacts
-
Local economic growth
Access to long-term financing for SMEs
-
Access to basic services & goods
The fund will be active in waste management, water, transmission and distribution, green building.
-
Fight against climate change and preservation of natural resources
As the fund targets clean technologies, energy efficiency projects and renewable energy, the development and social impacts are quite straightforward in countries suffering from an important energy supply-demand gap.
View more of our investments in this region
Investment Companies & Funds
Interact Climate Change Facility
6,000.00
India, Mongolia, Honduras, Côte d'Ivoire, Ghana
23/02/2011
Equity
Investment Companies & Funds
Interact Climate Change Facility
10,000,000.00
India, Mongolia, Honduras, Côte d'Ivoire, Ghana
23/02/2011
Debt
Investment Companies & Funds
Kaizen Private Equity II
300,000.00
India, Philippines, Vietnam
08/12/2020
Subsidy
Investment Companies & Funds
AgRIF Coöperatief U.A.
105,000.00
Cambodia, India, Mongolia, Myanmar, Bolivia, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Peru, Burkina Faso, Côte d'Ivoire, Kenya, Senegal
11/09/2018
Subsidy
Investment Companies & Funds
AgRIF Coöperatief U.A.
5,438,332.50
Cambodia, India, Mongolia, Myanmar, Bolivia, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Peru, Burkina Faso, Côte d'Ivoire, Kenya, Senegal
18/06/2015
Equity
Investment Companies & Funds
BTS India Private Equity Fund Ltd.
3,557,000.00
India
23/06/2006
Equity
Investment Companies & Funds
Renewable Energy Asia Fund II
8,900,000.00
India, Indonesia, Philippines
03/10/2016
Equity
Investment Companies & Funds
Renewable Energy Asia Fund
6,000,000.00
India, Philippines
09/12/2009
Equity
Investment Companies & Funds
South Asia Growth Fund II
2,000,000.00
Bangladesh, India
23/12/2020
Equity
Investment Companies & Funds
South Asia Growth Fund II
8,700,000.00
Bangladesh, India
10/05/2019
Equity
