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African renewable energy fund reaches $200m investment target

2015-09-27 19:53:00| Climate Ark Climate Change & Global Warming Newsfeed

NGR Guardian: TOWARDS supporting sustainable private-sector led economic growth, the African Renewable Energy Fund (AREF), a dedicated renewable energy fund focused on sub-Saharan Africa, announced that it successfully reached its final close at its hard cap, with US $200 million of committed capital to support small- to medium-scale projects. Among other investors at the final close are European Investment Bank (EIB) and the Global Energy Efficiency and Renewable Energy Fund (GEEREF). The African Development...

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