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.
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AgRIF Coöperatief U.A.
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Investment Companies & Funds
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India, Philippines
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Investment Companies & Funds
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2,000,000.00
Bangladesh, India
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Equity

Investment Companies & Funds
South Asia Growth Fund II
8,700,000.00
Bangladesh, India
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Equity

