EnerCap renewable energy financing vehicle

Location:

Regional

Project number:

38396

Business sector:

Power and energy

Notice type:

Private

Environmental category:

FI

Target board date:

09 Oct 2007

Status:

Disbursing

PSD disclosed:

14 Aug 2007

Project Description

The proposed project envisages a commitment to EnerCap Power Fund I (the “Fund”) - a private equity fund dedicated to investing in renewable energy and energy efficiency projects in Central and South-east Europe.

Transition Impact

The transition impact comes from supporting the creation of a dedicated private vehicle focused on financing renewable energy and energy efficiency projects in the region. This has the potential to contribute to market expansion, demonstrate the financial viability of such projects and bring private investors to the markets still dominated by state ownership.

The Client

EnerCap Power Fund I L.P. is a private equity fund managed by EnerCap Capital Partners L.P.

EBRD Finance

Up to EUR 25 million.

Project Cost

Maximum fund size is EUR 100 million.

Environmental Impact

The Fund will adopt and implement the EBRD’s Environmental Procedures for Private Equity Funds which includes compliance with the EBRD’s Environmental Exclusion and Referral List and provision of an Annual Environmental Report. Investee companies will be required to comply, at a minimum, with national standards for environment, health, safety, and labour regulations

Technical Cooperation

None.

Company Contact

Michael White
Managing Partner
EnerCap Capital Partners
Burzovní palác, Rybná 14
110 00 Praha 1
Czech Republic
Tel: +420 227 316 222
Fax: +420 227 316 444
www.enercap.com

 

Business opportunities

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