Funding Database

DI Frontier Investment

DI Frontier Market Energy & Carbon Fund is an investment fund with a unique focus on renewable energy power projects in less developed emerging markets in Sub-Saharan Africa.

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Geographical Focus

Sub-Saharan Africa

Technology/Sector Focus

The fund invests in renewable energy and energy efficiency projects that contribute to reducing green house gas emissions such as:

  • Small Hydro
  • Geothermal
  • Wind
  • Solar
  • Biomass
Size of Investment
$3-10 M
Target Return
Market rate
Total Fund Size
$60 M
Fund Structure

General Fund Information

Type of Investment

Equity, Mezzanine capital (e.g. convertible debt or preferred shares), and short term debt financing

Investors of Fund

CDC, Pension Denmark, PFA Pension, Tryg Insurance, GEEREF, Danish Investment Fund for Developing Countries, Seed Capital Assistance Facility (SCAF) funded by AfDB and UNEP,

Fund Information

Size of Investment

$3-10

M

Number of Investments

N/A

Target Return

Market rate

Sample Investee

AKIIRA GEOTHERMAL POWER PROJECT a 140 MW geothermal power project developed in two phases of 70 MW utilizing the steam resources in the Kenyan Rift Valley. The project is located south west of Naivasha, Kenya. The project will be connected to the Kenyan national grid.

Additional Project Characteristics

The Fund invests in greenfield medium sized renewable energy generation assets with proven technologies.

Additional FMC Info

Network/Partners

SCAF, EU

Location of Registration and HQ

Copenhagen, Nairobi

Primary Contact Information For Developers

info@frontier.dk

Types of Financing

Equity

Up to 50% of project size

Technical Assistance / Grants

Through SCAF

Debt Mezzanine

Convertible debt or preferred shares, or Short term debt financing

Guarantee / Insurance

N/A

Requirements for Financing

Applicant Requirements

5-100 MW, Greenfield medium scale projects

Target Impact

Renewable Energy projects that contribute to reducing green house gas emissions

Due Diligence Requirements

Standard project documentations.

Detailed Description Of Funding Process Procedure

The Fund is characterised 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 and investment