Media contacts
For questions about financing or funding possibilities, business offerings and acquisition, please use the contact form.
The number below is for media inquiries only.
Monica Beek
Media Spokesperson
T: +31 70 314 9130
M.Beek@fmo.nl
As a leading impact investor, FMO supports sustainable private sector growth in developing countries and emerging markets by investing in ambitious projects and entrepreneurs. FMO believes that a strong private sector leads to economic and social development and has a 50-year proven track-record of empowering people to employ their skills and improve their quality of life.
HamkorBank JSCB
MSME-focused bank in Uzbekistan
FMO has signed another high impact transaction with our existing relationship HamkorBank from Uzbekistan. HamkorBank, a client since 2012, is a mid-sized bank and one of the market leaders in MSME finance. The new loan agreement is for USD 50 million. The proceeds of the loan will be used by HamkorBank in UZS and/or USD to finance eligible Green projects (30%, supporting FMO’s Climate Actions goals) and eligible Micro business loans, and Youth and Female SMEs (70%, supporting FMO’s Reducing Inequalities strategic agenda). In addition to new funding, FMO supports HamkorBank with ESG improvements cemented through environmental, social, and corporate governance action plans.
South Asia Growth Fund III LP
Climate focused private equity fund in India
FMO has committed USD 30 mln to South Asia Growth Fund III LP (“SAGF III”). SAGF III is a private equity fund with the objective of generating long term capital appreciation through equity and equity-linked investments in companies that seek growth and expansion opportunities addressing climate mitigation, adaptation and circular economy, with a focus on the middle market in India. This includes companies active in the renewable energy value chain, energy efficiency, resource/ efficiency, waste recovery and climate tech / digital solutions. SAGF III is managed by the Indian team of GEF Capital Partners.
Limbomar & Limbopack
Climate smart acqualture company in Ecuador
FMO supported the sustainable aquaculture industry through a new partnership to the tune of USD 35 mln with Limbomar and Limbopack. Both companies are part of Grupo Almar, one of the top 5 shrimp producers in the world and a frontrunner in climate smart aquaculture with 40+ years of experience that's Global Gap, ASC and SSP certified. The investment will enhance the decarbonization path by electrifying the shrimp farms (replacing diesel with primarily green energy) and by financing the construction of a new processing and packaging plant that will also be ASC certified. The electrification efforts will not only meet Climate Action goals by reducing GHG missions, but also will provide automatization opportunities to increase productivity, allowing the companies to produce more food with the same resources.