Base de données de financement
Climate Investor One (CIO) – Debt
Utilising energy resources for agricultural productivity (e.g., grain milling, irrigation, water pumping, cold storage and refrigeration, agricultural processing, etc.)
Credit/loans offered with assets (e.g., inventory and equipment used as collateral). Transaction is recorded on the balance sheet as a debt affecting the financial position of a company.
Credit/loans offered with assets (e.g., inventory and equipment used as collateral). Transaction is not recorded on the balance sheet as a debt but recorded as part of a separate entity known as a Special Purpose Vehicle (SPV) or Special Purpose Entity (SPE).
Involves utilising a company’s accounts receivables as collateral for a loan.
Funds used to purchase physical assets such as property, plants, buildings, technology, and equipment. Brick and mortar only (including construction and labour), no soft costs included.
Cooking that utilises cleaner fuels and technologies, instead of polluting fuels or inefficient equipment. In this context, this term covers fuel and stove as well as fuel only (biomass, biogas, LPG, etc.) solutions.
Securities pledged to ensure repayment of a loan.
Refers to power generation systems for commercial and industrial facilities; applies to both on-site power and heat production systems.
Debts that have longer than commercially available loan tenors, lower than commercially available interest rates, less restrictive collateral requirements, or forgiveness for all or some part of the principal.
A specific type of debt that is dependent on uncertain future developments. Contingent debt is not a definitive liability, as it is based on the outcome of a future event.
Development finance institutions (DFIs) are specialised development organisations that invest in private sector projects in developing countries to promote job creation and sustainable economic growth. DFIs are typically majority owned by national governments.
Independent Power Producers that are in the pre-PPA stage but are in the process or have already obtained relevant permits.
A metric used in financial analysis to estimate the profitability of potential investments.
Refers to the timeframe within which an investment will be held before being sold.
As opposed to “pari passu” guarantee coverage, where the guarantor covers loan losses on an equal basis with a lender, (i.e. where the loan principal is $1000 and $100 is lost and the pari passu cover is 50%, the guarantor pays out only 50%). With first loss, the guarantor provides a pay-out of 100% of the losses up to first loss cover, (i.e. where the loan principal is $1000, and the first loss coverage is 10%, on the same $100 lost, the guarantor provides a pay-out of the full $100, since it is not greater than 10% of the loan amount).
According to the Gender Lens Investing Initiative, Gender Lens refers to a strategy or approach to investing that takes into consideration gender-based factors across the investment process to advance gender equality and better inform investment decisions.
A form of financial assurance used to secure debt liabilities. Can be called upon (called a guarantee call) by the lender in the event of a loan default or payment arrears. The guarantee provider is called a guarantor.
An investor who only considers investments meeting certain economic, environmental, and social criteria, while also generating financial returns.
Refers to an enterprise with the majority of ownership by nationals of a Sub-Saharan African country, the Caribbean or the Pacific. Given the widely varying definitions of the term in this sector, a financier focusing on the origin of the management team (or another aspect, or a combination of aspects) is also considered valid.
Financial assurance provided for one individual transaction.
Involves utilising a company’s purchased inventory as collateral for a loan.
A type of debt that is only paid out after other debts are settled when a company gets liquidated due to insolvency.
IPPs that have equity partners but no EPC contract and no debt financing.
A claim put on installed equipment to be used as collateral.
Funds paid out to an organisation based on some percentage contribution made to the total project cost by the grantee.
A form of debt instrument that is subordinated to senior debt. Mezzanine debt is typically classified as “equity,” given that it can be converted into equity in the company in case of default. However, for funds with no additional equity offerings (i.e., those that only provide debt instruments), mezzanine debt is classified as a debt offering.
IPPs that have acquired land, PPA, and the relevant permits.
Grants that do not have to be paid back.
A one-time fee charged by a lender/guarantor for processing and approving a loan/guarantee application.
Where the guarantor assumes only partial risk of non-payment (usually 50%).
Taking individual responsibility as a business owner or majority owner to repay credit issued in the event the business defaults.
All owners take responsibility to repay credit issued in the event the business defaults.
Assets owned by the company, such as equipment or a building, are collateralised to secure a loan.
For IPPs, this is the ideation stage prior to the acquisition of relevant permits.
Restructuring a debt.
A form of grant financing in which funds are disbursed once recipients meet specified performance objectives.
Initial funding for a business to turn an idea into a product or service.
Debt that is paid out first when a loan is in arrears, after a loan is called into default or when a company is dissolved.
Post seed capital funding, used to ensure continued growth of the company. Series A funding is raised once a company has consistent revenue figures or other key performance indicators.
Series B funding is used to grow the company to meet rising levels of demand. Series C funding is raised once the company is almost at maturity and looking to scale or enter new markets.
A privately-owned entity that generates and sells electricity to utilities and/or end-users.
A specialised investment fund that pools resources to invest equity solely in the energy sector.
A fund set up to solely provide debt financing for the off-grid energy sector enterprises.
A large corporate investor that invests for strategic gain (e.g. to access a promising technology).
Used for loans, guarantees and insurance contracts to indicate the length of time a loan is valid until it’s due.
Third affiliated party that agrees to back a loan or debt.
Average amount of funding made available for each individual recipient.
Projects or companies that have a majority (51% or more) female ownership.
Day-to-day operational expenses.
Description
Climate Investor One (CIO) is a blended finance facility investing in renewable energy infrastructure projects in emerging markets. CIO offers financing for the entire lifecycle of a project, from design to construction and into operations. The debt financing component funds up to 50 percent of the planning and development stage of a project. It offers both technical assistance and financing.
Information
Financial instrument type
Debt
Financing entity type
Specialised Energy Investment Fund (Equity)
Market segment(s)
Independent Power Producers
Commercial and Industrial (on-site power/heat generation)
Other: Onshore and near-shore wind, run-of-river hydro
Commercial and Industrial (on-site power/heat generation)
Other: Onshore and near-shore wind, run-of-river hydro
Geographic region(s)
Sub-Saharan Africa
(Asia and Latin America are also eligible)
(Asia and Latin America are also eligible)
Countries
Benin
Botswana
Burkina Faso
and 30 more
Botswana
Burkina Faso
and 30 more
Burundi
Cameroon
Chad
Côte d'Ivoire
Democratic Republic of the Congo
Djibouti
Eswatini
Ethiopia
Gabon
Ghana
Kenya
Lesotho
Liberia
Madagascar
Malawi
Mali
Mauritius
Mozambique
Namibia
Niger
Nigeria
Republic of the Congo
Rwanda
Sierra Leone
South Africa
Tanzania
The Gambia
Togo
Uganda
Zambia
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Cameroon
Chad
Côte d'Ivoire
Democratic Republic of the Congo
Djibouti
Eswatini
Ethiopia
Gabon
Ghana
Kenya
Lesotho
Liberia
Madagascar
Malawi
Mali
Mauritius
Mozambique
Namibia
Niger
Nigeria
Republic of the Congo
Rwanda
Sierra Leone
South Africa
Tanzania
The Gambia
Togo
Uganda
Zambia
show less
Activities eligible for funding
- For off-grid enterprises:
- Project financing
For IPPs:- Pre-development
- Early stage (pre-PPA)
Currencies
US Dollars
Eligibility criteria
- Eligibility criteria can be found here
Applicant groups with special set-asides or additional evaluation points
- None
Technical assistance
Technical assistance is provided at cost
Examples of successful investments
Interest rate (%)
Varies
Fund manager description
Climate Fund Managers (CFM) is the fund manager of Climate Investor One. CFM is a joint venture between FMO and Phoenix InfraWorks, both experienced in infrastructure investing, asset and fund management.
Headquarters
The Hague, the Netherlands
Other branches
Cape Town, South Africa
Contact public