The RECP further expands its funding database

Published on: 21. March 2016

Additional ten funds are now part of the RECP funding database. The country filter function allows to focus geographically on funds which are present in the area of interest, making it easier to find the right financing partner.

The new funds represent a wide diversity of types of financing including equity,  grants, debt, mezzanine and loans. Supporting different sizes of investment, the funds cover investment sizes from USD100k, like the GroFin SGB Fund, to sizes of investment of $50 million, like the FMO Infrastructure Development Fund. In sum, the added funds together represent an investment size of more than USD1.5bn. The categorization in respect to technology, the size of investment and type of investment gives a quick overview, directly linking to more information about project requirements, due diligence and funding process description on the respective RECP page of the fund. The first screening allows to assess the feasibility of the fund in regards to the project to be financed.

The new funds added comprise the following:

The RECP is a programme of the Africa-EU Energy Partnership (AEEP), a partnership between the European Union and the African Union
The EU Energy Initiative Partnership Dialogue Facility (EUEI PDF) is responsible for the implementation of the Africa-EU Renewable Energy Cooperation Programme (RECP). The EUEI PDF currently receives contributions from the European Commission, Austria, Finland, Germany, Italy, the Netherlands and Sweden.