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GGF 2

Sector: Commercial • Location: Southern Europe Subregion

Source: International Finance Corporation (IFC)

Project
Active

   The proposed project is an IFC investment of up to USD 66 million in A shares in the Green for Growth Fund (“the Fund” or “GGF”) which was launched in December 2009 and by year-end 2018 has reached total investment portfolio of EUR 463 million.Promoted by KfW Entwicklungsbank (“KfW”) and European Investment Bank (“EIB”), GGF is a collective investment vehicle with unlimited life, providing fina

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The project “GGF 2” is an infrastructure initiative in the Commercial sector, located in Southern Europe Subregion. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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active

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Description

Description

   The proposed project is an IFC investment of up to USD 66 million in A shares in the Green for Growth Fund (“the Fund” or “GGF”) which was launched in December 2009 and by year-end 2018 has reached total investment portfolio of EUR 463 million.Promoted by KfW Entwicklungsbank (“KfW”) and European Investment Bank (“EIB”), GGF is a collective investment vehicle with unlimited life, providing financing to sustainable energy projects primarily through financial institutions (“FI”s), renewable energy projects (“PF”), energy service companies (“ESCO”s), and service and supply companies, collectively partner institutions (“PI”s) in Europe and its neighborhood. IFC has initially invested in the Fund in 2010.Through this Project IFC aims to provide financing for the Fund to continue its increasing reach in catalyzing the development and capacity building in sustainable commercial lending market for energy efficiency and renewable energy investments in the target regions.                                                          

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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