📋 Tender Overview
Project Number: 46673
Company Name: RESPONSABILITY ASIA CLIMATE FUND S.A., SICAF SIF
Date SPI Disclosed: Mar 13, 2024
Country: South Asia Region
Region: South Asia
Projected Board Date: Apr 24, 2024
Environmental Category: FI-2
Status: Pending Approval
Department: Regional Industry - FIG Asia & Pac
Industry: Funds
Sector: Other Sector Fund
Additional Project Attributes: Blended Finance
Project Description
Asia Climate Fund ( ACF or the Fund ) is a structured climate debt fund (in the process of being raised), with a primary focus on renewable energy ( RE ), energy efficiency ( EE ), electric mobility ( EV ) and climate tech opportunities focusing in India and other Southeast Asia markets. ACF seeks to raise up to US$500 million to provide senior secured, mezzanine and convertible debt, equity participation notes as well as technical assistance to the underlying Fund investees. The project is expected to be supported by IDA20 Private Sector Window Blended Finance Facility ( IDA20 PSW BFF) as described in the Blended Finance Section.
Financing Sources:
2) World Bank (WB)
1818 H Street, NW Washington,
DC 20433 USA
Tel : (202) 473-1000
https://www.worldbank.org/
