Climate Investor One (CIO)

Category: Finance
Sub-Category: Debt Finance
User: Project Developers
Donors: Climate Fund Managers (CFM), Dutch Development Bank (FMO), United States Agency for International Development (USAID)
Donor Countries: Multi-donor, Netherlands, United States of America
Description:

Climate Investor One (CIO) is a financing facility designed to support renewable projects through sequential stages of the project’s life. CIO provides technical, environmental and social due diligence together with development costs support at an early stage. It then finances a large part of construction costs with equity, removing the need for debt finance during construction. Finally, once the project is operational, CIO provides long term debt to deliver stability and optimized funding during the operational stage.

Locations: Ghana, Kenya, Nigeria, Rwanda, Tanzania
On- or Off-Grid: Not Specified
Geography:

Primarily low and lower-middle income countries. Initial, but not exclusive, focus on Kenya, Tanzania, Rwanda, Ghana, Nigeria,

Eligibility:

CIO will finance up to 50% of the development and 75% of the construction costs subject to a cap of USD$5 million and USD$75 million, respectively

Contact information:

T +31 (0)70 314 96 96
E Info@climatefundmanagers.com

Last updated: February 16, 2018

Last updated: October 23, 2019