Renovarum Renewable Energy Fund
The fund will invest in small hydro plants, and will bring about considerable social and environmental benefits. It will provide the much needed capital to develop small scale hydro projects that currently remain underdeveloped. Renovarum Fund will help Chile meet its goal of promoting energy generation from alternative renewable sources, and of combating climate change by increasing its renewable energy capacity. It will invest in greenfield projects, which if successful, will contribute to an increase of 128% of the renewable energy capacity of Chile, and to the development of a new model of VC/PE in the country.

Project Detail

Country

Chile

Project Number

CH-M1047

Approval Date

August 31, 2011

Project Status

Closed

Project Type

Technical Cooperation

Sector

ENERGY

Subsector

ENERGY

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category B13: Uncategorized Directive B.13

Total Cost

USD 370,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 370,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-12885-CH Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-12885-CH
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31573
Agree-Mif Equity
Inversión de Capital en el Renovarum Energía Fondo de Inversión [36292850].PDF
Jul. 30, 2014
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31574
Agree-Mif Equity
Equity Investment in the Renovarum Renewable Energy Fund [36292864].PDF
Jul. 30, 2014
English

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