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.

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European Financing Partners S.A.

  15,000,000.00

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The Currency Exchange Fund n.v.

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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

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  Equity

European Financing Partners S.A.

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European Financing Partners S.A.

  5,000,000.00

  India, Kenya, Nigeria, Senegal, Tanzania, Zambia

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  Debt

Interact Climate Change Facility

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Interact Climate Change Facility

  6,000.00

  India, Mongolia, Honduras, Côte d'Ivoire, Ghana

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Interact Climate Change Facility

Investment Companies & Funds

Interact Climate Change Facility

  10,000,000.00

  India, Mongolia, Honduras, Côte d'Ivoire, Ghana

  23/02/2011

  Debt

Kaizen Private Equity II

Investment Companies & Funds

Kaizen Private Equity II

  300,000.00

  India, Philippines, Vietnam

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  Subsidy

Berkeley Energy Wind Mauritius Ltd.

Infrastructure

Berkeley Energy Wind Mauritius Ltd.

  1,000,000.00

  India

  09/06/2015

  Debt

European Financing Partners S.A.

Investment Companies & Funds

European Financing Partners S.A.

  6,000.00

  India, Kenya, Nigeria, Senegal, Tanzania, Zambia

  21/11/2003

  Equity

AgRIF Coöperatief U.A.

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

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  Subsidy

AgRIF Coöperatief U.A.

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

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  Equity

Utkarsh Microfinance Pvt Ltd

Financial Institutions

Utkarsh Microfinance Pvt Ltd

  3,625,555.00

  India

  25/03/2015

  Debt

KF Bioplants

Enterprises

KF Bioplants

  2,100,000.00

  India

  16/12/2014

  Debt

BTS India Private Equity Fund Ltd.

Investment Companies & Funds

BTS India Private Equity Fund Ltd.

  3,557,000.00

  India

  23/06/2006

  Equity

Rajasthan Sun Technique Energy Private Limited

Infrastructure

Rajasthan Sun Technique Energy Private Limited

  15,461,000.00

  India

  18/09/2012

  Debt

Ventureast Proactive Fund II

Investment Companies & Funds

Ventureast Proactive Fund II

  4,300,000.00

  India

  06/11/2017

  Equity

Annapurna Microfinance Pvt. Ltd

Financial Institutions

Annapurna Microfinance Pvt. Ltd

  1,942,313.00

  India

  27/06/2017

  Equity

Annapurna Microfinance Pvt. Ltd

Financial Institutions

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  3,459,250.00

  India

  19/03/2014

  Equity

Berkeley Energy Wind Mauritius Ltd.

Infrastructure

Berkeley Energy Wind Mauritius Ltd.

  3,000,000.00

  India

  27/06/2011

  Equity

Srei Equipment Finance Private Limited

Financial Institutions

Srei Equipment Finance Private Limited

  8,808,720.00

  India

  26/02/2019

  Debt

Renewable Energy Asia Fund II

Investment Companies & Funds

Renewable Energy Asia Fund II

  8,900,000.00

  India, Indonesia, Philippines

  03/10/2016

  Equity

Renewable Energy Asia Fund

Investment Companies & Funds

Renewable Energy Asia Fund

  6,000,000.00

  India, Philippines

  09/12/2009

  Equity

Ventureast Proactive Fund I

Investment Companies & Funds

Ventureast Proactive Fund I

  3,632,000.00

  India

  07/02/2008

  Equity

South Asia Growth Fund II

Investment Companies & Funds

South Asia Growth Fund II

  2,000,000.00

  Bangladesh, India

  23/12/2020

  Equity

South Asia Growth Fund II

Investment Companies & Funds

South Asia Growth Fund II

  8,700,000.00

  Bangladesh, India

  10/05/2019

  Equity

Kaizen Private Equity II

Investment Companies & Funds

Kaizen Private Equity II

  8,338,200.00

  India

  12/11/2018

  Equity

Omnivore Partners India Fund 2

Investment Companies & Funds

Omnivore Partners India Fund 2

  4,367,820.00

  India

  15/04/2019

  Equity

Srei Equipment Finance Private Limited

Financial Institutions

Srei Equipment Finance Private Limited

  5,000,000.00

  India

  21/08/2002

  Debt