South Asia Clean Energy Fund

Equity : November 2010

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

Asia: India

Investment field

Investment Companies & Funds

Activity

SME Fund

Organisation

South Asia Clean Energy Fund

Domicile

Canada

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

Infrastructure

candi solar

4,074,650.00

India, South Africa

10/12/2021

Debt

Investment Companies & Funds

Lendable MSME Fintech Credit Fund

2,994,950.00

India, Indonesia, Vietnam, Kenya, Nigeria, South Africa

20/08/2021

Equity

Investment Companies & Funds

Incofin India Progress Fund

2,000,000.00

India

22/07/2021

Equity

Investment Companies & Funds

Incofin India Progress Fund

5,000,000.00

India

22/07/2021

Equity

Investment Companies & Funds

European Financing Partners S.A.

15,000,000.00

India, Kenya, Nigeria, Senegal, Tanzania, Zambia

22/12/2020

Debt

Financial Institutions

The Currency Exchange Fund n.v.

7,091,000.00

Bangladesh, Cambodia, India, Indonesia, Myanmar, Nepal, Pakistan, Philippines, Sri Lanka, Vietnam, Bolivia, Brazil, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Algeria, Egypt, Iraq, Jordan, Lebanon, Morocco, Syria, Tunisia, Palestinian Territories, Benin, Burkina Faso, Burundi, Cameroon, Côte d'Ivoire, Democratic Republic of Congo, Ethiopia, Ghana, Guinea, Kenya, Madagascar, Malawi, Mali, Mozambique, Niger, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Uganda, Zambia

05/09/2007

Equity