Project detail - EVOLIA LIMITED

EVOLIA LIMITED

Status: Completed 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

Created in 2006, Evolia limited is an affiliate of Tuninvest Finance Group and is the management company of the Maghreb Private Equity Fund II

What is our funding objective?

To create a Resource Efficiency facility with Evolia that will include Training for its staff and scans for 3 of their investees. This facility is a pilot for an approach which may be rolled out to other fund managers if demonstrated to be effective.

Why do we fund this investment?

The project is highly strategically relevant. The Resource Efficiency Facility for fund managers can be used for “greening” their portfolio which is key to FMO’s strategy as well as the aim of the BCD program.

Region
Africa
Country
Africa
Sector
Infrastructure, Manufacturing and Services
Effective date
8/31/2017
End date
5/2/2019
Total FMO financing
EUR 0.04 MLN
Funding
ForeignAffairs - CD