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CH-Q0003 : Renovarum Renewable Energy Fund
Project Status: Cancelled
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
Project Number
CH-Q0003
Approval date
August 31, 2011
Project Country
Chile
Project Sector
Project Subsector
Project Type
Equity
Project Lending Type
NSG
Project Modality
Project Facility Type
Project Status
Cancelled
Operation Number
EQU/MS-12886-CH
Financial Information
Project Number
CH-Q0003
Project Status
Cancelled
IDB Financing
Financing type
EQU
Fund
MIF-Small Enterprise Investment Fund
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023
Roles & Responsibilities
Project Information
Total Cost
USD 50,000,000
Country counterpart financing
USD 45,000,000
Amount
USD 5,000,000
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