Dutch development bank FMO funds E+Co clean energy development

FMO, the entrepreneurial development bank of the Netherlands, has created a clean energy investment facility to be managed by E+Co.

FMO has set aside USD 6,650,000, funded by FMO’s Access to Energy Fund. Funding also includes a capacity development facility for entrepreneurs in the amount of EUR 500,000. The FMO-E+Co agreement is the result of intensive cooperation over the last year and reflects both organisations’ goals to create a sustainable market place for access to clean energy that will reduce the impact of climate change and will alleviate poverty.

Further information


Categorisations

Partnership types

Doing business with the poor

Regions / countries / territories

Europe: Netherlands

Global issues

Energy

Business sectors

Finance; Utilities