Total Fund size is EUR 102 million of which approx. EUR 40 million is still available
The fund supports energy generation, transmission and distribution projects in developing countries. The fund focuses on sustainable energy solutions, which is a focus area for FMO as a whole.
The fund can finance renewable energy projects in all countries on the OECD DAC country list, which contains all countries and territories eligible to receive official development assistance.
Government of the Netherlands
The Fund needs to be Additional and Catalytic. Co-financing is an option. The Fund can take a subordinated position.
Monitoring and reporting on financial, impact indicators and Environmental & Social Management. Frequent contact with FMO.
The Fund is managed by FMO. FMO's Energy and Private Equity Departments can propose projects to the Fund Manager to finance from the Fund. To access the Fund therefore, it is most efficient to contact the Energy and Private Equity teams of FMO to present the investment opportunity.
The fund can finance renewable energy projects in all countries on the OECD DAC country list, which contains all countries and territories eligible to receive official development assistance.
Funding from the AEF is open to small and medium-sized
enterprises and commercial banks. Proposed projects must meet technical,
financial and institutional requirements and comply with FMO’s environmental, social and corporate governance guidelines.
The DAC List of ODA Recipients
Access AEF funding by presenting the project to the departments of Energy and Private Equity. Typically the AEF will identify potential opportunities through a deep-rooted network in developing countries. Initial assessments focus on countries, investment plans, development impact and the AEF's role as financier. Increasingly, AEF investments are steered towards projects that foster the transition to a more inclusive and greener economy. Reference disclosed projects AEF investments here.