INTERACT CLIMATE CHANGE FACILITY SA
Status: Approved investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
FMO participates in the Interact Climate Change Facility, an initiative established by the Development Finance Institutions together with European Investment Bank (EIB) and the Agence Française de Développement. FMO has committed funds to ICCF that are used to finance renewable energy and energy efficiency projects in the private sector in developing countries and emerging markets. Each of the financing parties can propose green projects to be financed by ICCF.
What is our funding objective?
ICCF was established to catalyze funds from our European partners in an efficient manner and with minimal overheads and streamlined approval processes.
Why do we fund this investment?
ICCF has a good fit with FMO's strategy to finance renewable energy projects in emerging markets. The participation in ICCF enables FMO to finance green projects in an efficient manner, and at the same time strengthen the cooperation with its European financing partners.
More investments
| Date | Total FMO financing |
|---|---|
| 4/19/2021 | EUR 60.00 MLN |
| 2/16/2015 | EUR 3.18 MLN |
| 3/24/2014 | EUR 4.70 MLN |
| 2/11/2014 | EUR 1.42 MLN |
- Region
- Europe & Central Asia
- Country
- Montenegro
- Sector
- Energy
- Effective date
- 7/31/2015
- Total FMO financing
- EUR 3.88 MLN
- Funding
- FMO NV
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - A