Category of Support
Finance » Debt Finance
Donors
Climate Fund Managers (CFM)
Dutch Development Bank (FMO)
United States Agency for International Development (USAID)
Users
Project Developers
Description
Climate Investor One (CIO) is a financing facility designed to support renewable projects through sequential stages of the project’s life. CIO provides technical, environmental and social due diligence together with development costs support at an early stage. It then finances a large part of construction costs with equity, removing the need for debt finance during construction. Finally, once the project is operational, CIO provides long term debt to deliver stability and optimized funding during the operational stage.
Locations
Ghana
Kenya
Nigeria
Rwanda
Tanzania
Grid Status
Not Specified
Geography
Primarily low and lower-middle income countries. Initial, but not exclusive, focus on Kenya, Tanzania, Rwanda, Ghana, Nigeria
Eligibility
CIO will finance up to 50% of the development and 75% of the construction costs subject to a cap of USD$5 million and USD$75 million, respectively
Point of Contact
T +31 (0)70 314 96 96
E Info@climatefundmanagers.com
E Info@climatefundmanagers.com