Supported Projects
RE/EE Investment Advisory Facility (IAF)

To date the facility has provided support to twelve investment evaluations for projects located in South and Central America, the Caribbean, East Africa, Eastern Europe and the South Pacific. The technologies involved include wind farms, a geothermal plant, a small hydro plant, a district heating system, a sustainable forestry plantation and a coffee processing waste utilisation project. The type of advisory support provided includes:

  • For a geothermal power plant in Vanuatu, support the completion of a pre-exploration feasibility which would replace diesel fuel as the principal source of energy,

  • For a salt mine investment in Tanzania, evaluate a possible sustainable forestry plantation adjacent to the mine which would supply wood for salt drying,

  • For a wind farm investment in Jamaica, investigate whether emission reduction credits can be valued, certified and sold to create the additional revenue stream required for project viability,

  • For a small hydro 'peaking' plant in Guatemala, provide a third party technical assessment to resolve outstanding design issues between bank and developer,

  • Assist a bank in evaluating two potential cogeneration investments as part of a proposed carbon offsets investment fund. The first involves a coffee waste recovery process in Costa Rica, and the second a district heating plant upgrade, in Slovak Republic,

  • For a wind farm investment in Argentina, conduct a third party review of wind resource data and plant technical design,

  • For a biogas plant in the Philippines, investigate whether emission reduction credits can be valued, certified and sold to create the additional revenue stream required for project viability,

  • For a proposed energy investment fund in Latin America, conduct market sizing for fund pipeline development,

  • For a wind farm investment in Ghana, prepare the environmental impact assessment,

  • For a proposed clean energy fund in Nepal, support the preparation of legal documentation; the approvals process; and fund capitalisation efforts.

Bank / Financier

Investment Description

Expertise Provided

Support Provided

Investment Size

Inter-American Investment Corporation

20MW Small hydro peaking plant in Guatemala.

Third party review of engineering design

$25 k

$36 700 k

Dutch and German Dev. banks (FMO, DEG)

Sustainable forestry plantation adjacent to a salt mine in Tanzania. Wood required for salt drying.

Evaluation of plantation investment, as part of mine refinancing

$26 k

$1 200 k

RES Ltd. and Petroleum Corporation of Jamaica

20MW Wind farm in Jamaica

Carbon valuation and sale

$38 k

$25 500 k

European commercial bank

Biomass coffee waste cogen plant in Costa Rica

Project feasibility for carbon investment fund development

$34 k incl. in-house CDM support

$10 000 k

European commercial bank

District heating cogen plant in Slovak Republic

Project feasibility for carbon investment fund development

$38 k incl. in-house JI support

$3 500 k

International Finance Corporation and Pacific Hydro

5 MW Geothermal power plant in Vanuatu

Feasibility study completion + third party review for government negotiations

$37 k

$14 700 k

International Finance Corporation and two commercial investors

50MW Merchant power wind farm in Argentina

Third party review of wind resource data and wind plant design

$50 k

$68 000 k

PhilBIO

3 MW biogas plant in Philippines

Carbon valuation and sale

$13,115 k

$3 400 k

NewEn GmbH and German Dev. Bank (DEG)

20 MW Wind farm in Ghana

Support for completion of power purchase agreement

$30 k

$24 000 k

Inter-American Development Bank (MIF) and FondElec

Latin American energy services fund (renewable energy and energy efficiency ESCOs)

Market sizing for fund pipeline development

$25 k

$50 000 k

 
Investment Advisory Facility
Background
Supported Projects:
Geothermal Power Plant
Sustainable Forestry Plantation
Jamaica Wind Farm Investment
Small Hydro 'Peaking' Plant
Energy Investment Fund in Latin America
Ghana Wind farm
Argentina Wind farm
Biogas Plant in the Philippines
Clean Energy Fund in Nepal
Coffee Waste Recovery Process
District Heating Plant Upgrade
Carbon Finance
IAF Evaluation & Experience
Further Information