Interact Climate Change Facility

  • Region: Global
  • Country: Regional
  • Sector: Energy
  • Year: 2010
  • Domicile: Luxembourg
  • Instrument: Equity and loan
  • Commitment (MNOK) as of 31.3.2017: 300.1
  • Original Commitment (MNOK): 301.2

ICCF is a debt syndication fund providing debt finance to renewable energy and energy effeciency projects. Members of the group include a number of European DFIs as well as EIB and AFD. The fund has successfully financed a number of power projects in emerging countries, and has had the capital available increased three times by the members.

Interact Climate Change Facility (ICCF) will demonstrate to private sector investors the financial attractiveness of climate-friendly projects and will catalyze long-term investments. The initiative promotes the use of clean technology as an integral part of economic development. The facility contributes to sustainable economic development by providing long-term financing for renewable energy and energy efficiency projects in poor countries suffering from significant energy shortage/access.

ICCF can finance up to 75% of a project proposal with a maximum of EUR 45 million, while the remaining 25% will be financed by the proposing EDFI member.

Indirect investments

Investee Sector Country
01-GH-FMO-0511-TICO Energy Ghana
03-IN-FMO-1111-RELIANCE POWER 1 Energy - solar India
06-MN-FMO-0212-Mongolia Wind Energy - wind Mongolia
07-HND-FMO-0712-VESA Energy - wind Honduras
08-CI-PRO-0912-Azito Energy Ivory Coast
13-TR-PRO-0613-BankPozitif Financial services Turkey
14-IN-FMO-0713 - Panama Wind Energy - wind India
16-KE-PRO-1013-LTWP Energy - wind Kenya
17-TR-PRO-0911-Eolos2 nr1 Energy - wind Turkey
21-HN-FMO-0514-Terra Solar Energy - solar Honduras
25-IN-FMO-0115-Rajasthan-3 Energy - wind India
27-UG-FMO-0315-NYAMWAMBA Energy - hydro Uganda
28-UG-FMO-0315-Mpanga Energy - hydro Uganda
29-ME-PRO-0315-Krnovo Energy - wind Montenegro
24-PE-DEG-0914-Andean Energy - hydro Peru

Norfund - The Norwegian Investment Fund for Developing Countries

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