REEEP recently financed a project that enabled the expansion of PFAN (Private Financing Advisory Network), a coaching and investor matchmaking service to Mozambique and Uganda. The project quickly bore fruit: four of the finalists at the 2010 Africa Forum for Clean Energy Financing (AFRICEF) came from one of these two countries. And in the end, the two winners of the CTI PFAN Clean Energy Financing Award 2010 were a mini-hydro project in Uganda that had benefited from REEEP-funded PFAN coaching, and a micro-solar distribution project by Barefoot Power Pty. Ltd.
A single loan for approximately €1.4 million will support the development of jatropha nursery plantations, to raise seedlings for distribution to over 26,000 farmers in six states in India. This transaction, developed by YES Bank Ltd (YBL) is the second one to close under a finance bundling project that is executed in partnership by YBL and Environment Energy and Enterprise Ventures (e3V), with some financial support from REEEP.
At first glance, the industrial boomtown of Panzhihua, China is an unlikely place for cutting edge sustainability efforts. To most Chinese, the city’s name is synonymous with “Pangang” or the Panzhihua Iron and Steel Company, southwestern China's largest steel producer.
