CATALYST MENA CLEAN ENERGY PARALLEL
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
Catalyst MENA Clean Energy Fund (Catalyst) is a private equity fund investing in renewable energy assets in Jordan/MENA region. Catalyst is managed by Catalyst Investment Management and has reached a first close size of USD35 million in 2016, funded by development finance institutions.
What is our funding objective?
Catalyst seeks to invest in late stage development renewable energy assets using proven technologies supported by local renewable energy legislation and commercial market drivers, to subsequently take these projects through construction and into operations. Catalyst will primarily invest in solar energy in the MENA region, with a primary focus on Jordan.
Why do we fund this investment?
By investing in Catalyst, FMO seeks to address the market need for energy in Jordan/MENA region in a sustainable and responsible manner, by increased production of clean energy.
- Region
- Asia
- Country
- Jordan
- Sector
- Energy
- Effective date
- 7/8/2016
- Total FMO financing
- USD 13.00 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) - B