The GEEREF is a Fund-of-Funds which leverages public sector funds to catalyse private sector investment into clean energy projects.

Sectoral Focus

Specializes in financing small and medium-sized project developers and enterprises implementing energy efficiency and renewable energy projects. It focuses on proven technologies, like small hydro, biomass, on-shore wind, and co-firing solutions (e.g., co-firing coal and bagasse); manufacturing, energy service, trading and micro finance ventures; and photovoltaic.

Access criteria

GEEREF invests in private equity funds that focus on renewable energy and energy efficiency projects in emerging markets. There is no formal accreditation process for the GEEREF, potential private equity partners are engaged by the GEEREF directly. GEEREF is advised by the European Investment Bank Group.

Instruments

Private equity and grants including for technical assistance.