JCM POWER CORPORATION
Status: Approved investmentWhy disclosure?
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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
JCM Power is an independent power producer dedicated to accelerating social, economic, and environmental sustainability in growth markets through the development, construction, and operation of renewable energy facilities and HVDC transmission lines.
What is our funding objective?
The goal is to address key barriers in achieving gender equality across the company and among JCM’s project companies. Through this project, JCM hopes to learn ways to apply a gender-lens to their decision-making, day-to-day activities, and increase women’s participation in renewable energy.
Why do we fund this investment?
In line with FMO’s statement on gender and the energy department’s strategy to integrate a gender lens in FMO’s investments in the energy sector, this project will enhance and build the gender capabilities of JCM.
More investments
| Date | Total FMO financing |
|---|---|
| 12/18/2017 | USD 28.92 MLN |
- Country
- Global
- Sector
- Energy
- Effective date
- 8/17/2021
- Total FMO financing
- EUR 0.05 MLN
- Funding
- AEF-I
-
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