Advised by the European Investment Bank Group, GEEREF is an innovative Fund-of-Funds catalysing private sector capital into clean energy projects in developing countries and economies in transition.
|Global Funding Allocation (Donor Currency)||
Estimated € 220million has been raised most recently
Fund management companies, financial institutions, project developers or individuals that intend to develop a clean energy investment fund or expand an existing fund into clean energy can submit proposals to seek finance. Developers of clean energy projects can also submit proposals for investment funds. Proposals are expected to: i) Present a financially sustainable business plan generating a fair return for investors and a realistic pipeline, ii) Specify environmental and socio-economic impacts, iii) Focus on small and medium sized clean energy projects (< 30MW) and companies, iv) Require long-term patient investment capital, v) Locally grounded, professional fund management team, preferable with a track record in the clean, energy sector, or at least the capacity to become qualified or to liaise with other parties for that purpose.