BERKELEY ENERGY NETHERLANDS HOLDING
Status: Approved investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Berkeley Energy Netherlands Holding (Berkeley Energy Hydro Holding) is a platform company that will invest in hydro energy assets in the Philippines. It currently holds one asset, which is under construction. Shareholders include our investee and partner Renewable Energy Asia Fund and DEG.
What is our funding objective?
Berkeley Energy Hydro Holding has been set up to grow into a Filipino hydro energy generating platform with a significant growth pipeline and a strong management team. Berkeley Energy Hydro Holding will acquire late stage development stage assets as well as fully permitted pre-construction assets, to subsequently construct and operate these assets.
Why do we fund this investment?
For FMO, Berkeley Energy Hydro Holding presents an opportunity to increase impact and reduce footprint by investing in the construction and commissioning of hydro assets in the Philippines.
- Website customer/investment
- https://www.berkeley-energy.com/
- Region
- Asia
- Country
- Philippines
- Sector
- Energy
- Effective date
- 8/23/2017
- Total FMO financing
- EUR 0.45 MLN
- Funding
- FMO NV
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B+