EnerCap renewable energy financing vehicle

disbursing

The proposed project envisages a commitment to EnerCap Power Fund I (the “Fund”) - a private equity fund dedicated to investing in renewable energy and energy efficiency projects in Central and South-east Europe. The transition impact comes from supporting the creation of a dedicated private vehicle focused on financing renewable energy and energy efficiency projects in the region. This has the potential to contribute to market expansion, demonstrate the financial viability of such projects and bring private investors to the markets still dominated by state ownership. EnerCap Power Fund I L.P. is a private equity fund managed by EnerCap Capital Partners L.P. Up to EUR 25 million. Maximum fund size is EUR 100 million. The Fund will adopt and implement the EBRD’s Environmental Procedures for Private Equity Funds which includes compliance with the EBRD’s Environmental Exclusion and Referral List and provision of an Annual Environmental Report. Investee companies will be required to comply, at a minimum, with national standards for environment, health, safety, and labour regulations None. Michael White Managing Partner EnerCap Capital Partners Burzovní palác, Rybná 14 110 00 Praha 1 Czech Republic Tel: +420 227 316 222 Fax: +420 227 316 444 www.enercap.com