Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Philippines
Location: Tarlac, Central Luzon
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • Netherlands Development Finance Company (FMO)
Status: Approved
Bank Risk Rating: U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Board Decision Date: 2016-09-07
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower or Client: Capas Investment Pte. Limited
The holder of the loan, grant, or other investment.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Energy
Investment Type(s): Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 0.35 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD): $ 0.35 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.

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Primary Source

Original disclosure @ FMO website
Updated in EWS: 2017-11-16
CAPAS INVESTMENT PTE. LIMITED
FMO-48990

Project Description
According to FMO website, with Sindicatum, the FMO is funding together the Capas project, a 25 MWp ground-mounted PV solar project located within the Clark Green City, in the Tarlac province of Central Luzon, the Philippines. This funding will be provided under the Climate Investor One initiative, which has the aim to fast-track the development of renewable energy projects in emerging markets. This transaction provides Climate Investor One an opportunity to co-develop a solar project in an Asian country with strong renewable energy ambitions and potential. Furthermore Sindicatum is an experienced developer with proven track record in developing and constructing similar assets.
Investment Description
Private Actors
Capas Investment Pte. Limited is a Singapore based Holding company established together with Sindicatum Renewable Energy Company Pte. Ltd Singapore (Sindicatum).
Contact Information
No contact information provided at time of disclosure.