Project detail - CDEN RWANDA LTD

CDEN RWANDA LTD

Status: Approved investment
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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

CDEN Ruanda

What is our funding objective?

Objective of the funding is to develop a combined PV-Solar and Pump Storage Hydro hybrid energy project in Rwanda. The transaction is a seed investment for Climate Investor One.

Why do we fund this investment?

The transaction is an opportunity to develop a tailored financing structure (funding development and construction) for a hybrid energy solution and we are likely to crowd in investments which would otherwise not have been available to the project.

Region
Africa
Country
Rwanda
Sector
Energy
Effective date
10/20/2016
Total FMO financing
USD 1.20 MLN
Funding
AEF-I