📋 Tender Overview
Project Number
48396
Company Name
Lendable Decarbonization Fund SCSp SICAV RAIF
Date SPI Disclosed
Apr 24, 2025
Country
World Region
Region
Global
Projected Board Date
May 31, 2025
Environmental Category
FI-2
Status
Pending Approval
Last Updated Date
Department
Banking and Capital Markets
Industry
Funds
Sector
Other Sector Fund
Project Description
The proposed investment is for (i) up to US$49 million from IFC’s own account in the senior loan tranche; and (ii) up to US$1 million from IFC’s own account in the class A share tranche of the Lendable Decarbonization Fund (the LDF, the Fund, or the Project). LDF is a structured private credit fund with a target size of US$250 million and will be organized into four tranches: senior loan, class A share, class B share, and class C share.
The LDF seeks to facilitate access to financing for Micro, Small and Medium Enterprises (MSMEs) and inividuals looking to offer or adopt sustainability solutions revolving around sustainable mobility, agriculture and energy in South- and Southeast Asia, Africa, and Latin America.