Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Rwanda
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: Active
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: 2016-10-20
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: CDEN Ruanda
The holder of the loan, grant, or other investment.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Climate and Environment
  • Energy
  • Hydropower
Investment Amount (USD): $ 1.20 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: 2017-12-25
CDEN RWANDA LTD
FMO-50229

Project Description
WHO IS OUR CLIENT CDEN Ruanda FUNDING OBJECTIVE Objective of the funding is to develop a combined PV-Solar and Pump Storage Hydro hybrid energy project in Rwanda. The transaction is a seed investment for Climate Investor One. WHY WE FUND THIS PROJECT The transaction is an opportunity to develop a tailored financing structure (funding development and construction) for a hybrid energy solution and we are likely to crowd in investments which would otherwise not have been available to the project.
Investment Description
Contact Information
FMO South Africa +27 11 507 2500 joburg-office@fmo.nl
Bank Documents