GRC SINOGREEN FUND III LP
Status: Approved investmentWhy disclosure?
FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more
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
SinoGreen Fund L.P., a Cayman Island exempted limited partnership, is an eight-year private equity fund seeking to raise $150 million to invest in the clean-tech sector in China. The fund will invest in early- and growth-stage companies focusing on renewable energy, energy efficiency, cleaner transportation, non-energy related climate change mitigation technologies and other technologies that have direct contributions to climate change mitigation and adaptation. SinoGreen will be managed by GRC, a China-focused venture capital private equity investment. GRC was established in 2005 by an experienced team of individuals who previously worked and invested together in the venture capital and private equity fields focused on the hi-tech and clean technology sectors in Silicon Valley and Greater China.
What is our funding objective?
The investments targeted by SinoGreen will foster private sector development, economic sustainability and financial returns. At the same time these will contribute to reducing greenhouse gas emissions through investments in clean technologies and more environmentally sustainable practices.
Why do we fund this investment?
For FMO, SinoGreen presents an opportunity to increase sustainable impact and reduce footprint by investing in clean technologies and more environmentally sustainable practices.
- Region
- Asia
- Country
- China
- Sector
- Energy
- Effective date
- 12/18/2013
- Total FMO financing
- USD 14.39 MLN
- Funding
- FMO NV
-
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