GEEREF committed EUR 12.5M in the Renewable Energy Asia Fund (REAF. Berkely Partners LLC is the manager of REAF.
REAF targets Asia (primarily India) where there are tremendous opportunities for renewable energy investment. REAF invests into renewable energy projects in their development stage, transforms these investments into operating portfolios and generates superior returns through successful exits. The Fund specifically focuses on operationally and economically mature technologies which are best placed to help Asia bridge its current electricity supply/demand gap (primarily with wind, small hydro and solar energy).
You can read more about REAF by visiting its website: www.berkeley-energy.com
GEEREF committed EUR. 10M in the Evolution One Fund. Evolution One Fund is managed by Inspired Evolution Investment Management (Inspired Evolution), a private equity fund management company.
Inspired Evolution positioned to lead cleantech investments in southern Africa - taking first mover advantage in emerging clean technology and environmental markets. Inspired Evolution offers progressive investors and enterprises profitable and ethical returns where people and the environment matter.
You can read more about Inspired Evolution by visiting its website: www.inspiredevolution.co.za
GEEREF committed EUR 10M in a new Fund called DI Frontier Market Energy and Carbon Fund (“DI”). Frontier Investment Management is the manager of DI.
DI is an investment fund with a unique focus on renewable energy and carbon credit generating assets in less developed emerging markets in Sub-Saharan Africa
The Fund is characterized by a novel investment strategy and approach which sets it apart from the way most funds work. The main distinguishing feature is an integrated approach to project development, investment, and carbon trade. The Fund has a focus on Eastern and Southern Africa. Core focus countries include: Kenya, Mozambique, Tanzania, Uganda and Zambia.
You can read more about DI by visiting its website: http://www.frontier.dk/
GEEREF commits Euro 10 million in Armstrong South East Asia Clean Energy Fund managed by Singapore’s Armstrong Asset Management. The fund seeks to provide early capital to renewable energy infrastructure projects in Thailand, Malaysia, Indonesia and the region’s emerging markets.
For further information on Armstrong Asset Management and the S.E. Asia Clean Energy fund please refer to the following website www.armstrongam.com
GEEREF commits EUR 12.5M to Emerging Energy Latin America Fund II managed by Emerging Energy & Environment Group.
EELAF II is a regional fund dedicated to small and medium size renewable energy infrastructure in Latin America; it is the successor fund to Clean Tech Latin America Fund which is now fully invested.
You can read more about EELAF II by visiting its website: http://www.emergingenergy.com
GEEREF committed EUR 10 million to the MicroCarbon Development Fund (MCDF), managed by MGM Innova Capital, a Miami, Florida based asset manager specialized in sustainable energy investments.
MCDF invests in energy efficiency projects in Latin America and the Caribbean as well as in small scale clean energy production assets. The fund held a first closing in May 2013 and is starting operations.
More on MCDF on www.mgminnovacap.com