Proparco

Allied Climate Partners Launches to Catalyze Bankable Climate-Related Projects in Emerging Economies

Retrieved on: 
Friday, December 1, 2023
Acquisition, Climate change, Entrepreneurship, Temasek, Investment, Map, Jeff Bezos, DFC, Local, Food security, African Development Bank, Government, DFI, MDB Tools, Monetary Authority of Singapore, Menon, BII, Arnold Ventures LLC, Climate, Money, FMO, British International Investment, International financial institutions, International Finance Corporation, Foreign direct investment, Microsoft, HSBC, Partnership, ACP, World Bank Group, Developed country, COP28, Private sector, MDB, Global Industry Classification Standard, George Soros, Development finance institution, Renewable energy, Cryptocurrency, Security (finance), Proparco, USAID

Allied Climate Partners' mission is to increase the number of bankable, climate-related projects and businesses in emerging economies to create significant environmental, economic, and social impact.

Key Points: 
  • Allied Climate Partners' mission is to increase the number of bankable, climate-related projects and businesses in emerging economies to create significant environmental, economic, and social impact.
  • "Local leaders around the world have identified a clear problem: there simply aren't enough bankable climate-related projects to deploy capital at the scale we need to address the climate crisis," said Allied Climate Partners CEO Ahmed Saeed.
  • The lack of bankable projects has long stifled climate investment in developing nations, particularly in the precarious early stages of project development.
  • That's where Allied Climate Partners comes in," said Andrew Steer, President & CEO of the Bezos Earth Fund.

Envision Powers Central Asia's Largest Wind Development - 1 GW Bash & Dzhankeldy

Retrieved on: 
Tuesday, June 20, 2023
Asian Development Bank, Reconstruction, OPEC Fund for International Development, Envision Energy, Wind, EBRD, DEG, International Bank for Reconstruction and Development, ACWA Power, Growth, ADB, European Central Bank, Bash, Renewable energy, Envision, Proparco

TASHKENT, Uzbekistan, June 20, 2023 /PRNewswire/ -- Envision Energy, a world-leading renewable energy company, is proud to announce its pivotal role as turbine supplier for the 1 GW Bash & Dzhankeldy wind projects in Uzbekistan.

Key Points: 
  • TASHKENT, Uzbekistan, June 20, 2023 /PRNewswire/ -- Envision Energy, a world-leading renewable energy company, is proud to announce its pivotal role as turbine supplier for the 1 GW Bash & Dzhankeldy wind projects in Uzbekistan.
  • Envision Energy's EN171-6.5 wind turbines are integral to these projects' operational and financial frameworks.
  • The Bash & Djankeldy wind projects will contribute immensely to Uzbekistan's objective of installing 5000 MW of wind energy by 2030.
  • We're proud to drive renewable energy expansion in Uzbekistan and beyond, furthering the growth and sustainability of the renewable energy sector."

Horizon Capital's Ukraine-focused Fund IV exceeds target size, raising over $250m at its Interim Closing; becomes CEE's first 2X Flagship Fund and 1 of 10 globally

Retrieved on: 
Friday, April 28, 2023
Creatio, Human, Freedom, International Finance Corporation, Education, Face, Reconstruction, Developing country, Chinese Industrial Cooperatives, Woman, Investment fund, Proparco, DFC, Investment, CEE, Deutsch, International Bank for Reconstruction and Development, STEM, Challenge, FMO, Fund, European Central Bank, Renewable energy

The Fund will provide growth capital to back visionary entrepreneurs in Ukraine and Moldova.

Key Points: 
  • The Fund will provide growth capital to back visionary entrepreneurs in Ukraine and Moldova.
  • Ukrainian tech continues to demonstrate improvement in gender diversity, accelerated by long-standing traditions of STEM education as well as demand for talent.
  • For Horizon Capital, being recognized as a 2X Flagship Fund confirms our long-standing, demonstrated commitment to gender equity in doing business in Ukraine and Moldova."
  • Jessica Espinoza, CEO of 2X Global said: ""Raising a $250 million fund is a huge achievement – and unheard of in times of war.

Investors Unite to Back Ukraine in Historic Fund

Retrieved on: 
Friday, April 28, 2023
SME, Fintech, Proparco, Interim, Rockefeller Foundation, Partnership, International Finance Corporation, Reconstruction, Developing country, EU-Japan Centre for Industrial Cooperation, U.S. International Development Finance Corporation, Woman, Today, History, Person, Sale, Investment fund, MacArthur Foundation, DFC, Investment, Small Enterprise Assistance Funds, CEE, Deutsch, International Bank for Reconstruction and Development, Challenge, FMO, Growth, Fund, European Central Bank, KYIV, Female, Renewable energy, Security (finance), EU

KYIV, Ukraine, April 28, 2023 /PRNewswire/ -- Horizon Capital, a U.S. private-equity firm investing primarily in fast-growing tech and export-oriented companies in Ukraine, announced that its latest fund, Horizon Capital Growth Fund IV (HCGF IV, the "Fund") has reached $254 million at its Interim Closing held today in Kyiv, Ukraine. In besting its $250m target size at this second closing, the Fund demonstrates strong investor appetite for compelling opportunities in high-growth, high-impact tech and export-oriented companies, including light manufacturing, food processing, innovative consumer goods, fintech and more. Fund investments are expected to contribute to Ukraine's ongoing resilience, including supporting growth and job creation, expanding the tax base, increasing availability of capital for SMEs, and promoting gender equality.

Key Points: 
  • Fund investments are expected to contribute to Ukraine's ongoing resilience, including supporting growth and job creation, expanding the tax base, increasing availability of capital for SMEs, and promoting gender equality.
  • Lenna Koszarny, Founding Partner and Chief Executive Officer, said, "Today, Horizon Capital and our esteemed group of investors have made history, as the first growth capital and largest fund raised since the onset of the full-fledged invasion.
  • Global institutions are uniting today to back a reputable team with a bold vision, proven investment strategy and track record.
  • The Interests are being offered by means of a private placement to suitable investors.

Horizon Capital's Ukraine-focused Fund IV exceeds target size, raising over $250m at its Interim Closing; becomes CEE's first 2X Flagship Fund and 1 of 10 globally

Retrieved on: 
Friday, April 28, 2023
Creatio, Human, Freedom, International Finance Corporation, Education, Face, Reconstruction, Developing country, Chinese Industrial Cooperatives, Woman, Investment fund, Proparco, DFC, Investment, CEE, Deutsch, International Bank for Reconstruction and Development, STEM, Challenge, FMO, Fund, European Central Bank, Renewable energy

The Fund will provide growth capital to back visionary entrepreneurs in Ukraine and Moldova.

Key Points: 
  • The Fund will provide growth capital to back visionary entrepreneurs in Ukraine and Moldova.
  • Ukrainian tech continues to demonstrate improvement in gender diversity, accelerated by long-standing traditions of STEM education as well as demand for talent.
  • For Horizon Capital, being recognized as a 2X Flagship Fund confirms our long-standing, demonstrated commitment to gender equity in doing business in Ukraine and Moldova."
  • Jessica Espinoza, CEO of 2X Global said: ""Raising a $250 million fund is a huge achievement – and unheard of in times of war.

Investors Unite to Back Ukraine in Historic Fund

Retrieved on: 
Friday, April 28, 2023
SME, Fintech, Proparco, Interim, Rockefeller Foundation, Partnership, International Finance Corporation, Reconstruction, Developing country, EU-Japan Centre for Industrial Cooperation, U.S. International Development Finance Corporation, Woman, Today, History, Person, Sale, Investment fund, MacArthur Foundation, DFC, Investment, Small Enterprise Assistance Funds, CEE, Deutsch, International Bank for Reconstruction and Development, Challenge, FMO, Growth, Fund, European Central Bank, KYIV, Female, Renewable energy, Security (finance), EU

KYIV, Ukraine, April 28, 2023 /PRNewswire/ -- Horizon Capital, a U.S. private-equity firm investing primarily in fast-growing tech and export-oriented companies in Ukraine, announced that its latest fund, Horizon Capital Growth Fund IV (HCGF IV, the "Fund") has reached $254 million at its Interim Closing held today in Kyiv, Ukraine. In besting its $250m target size at this second closing, the Fund demonstrates strong investor appetite for compelling opportunities in high-growth, high-impact tech and export-oriented companies, including light manufacturing, food processing, innovative consumer goods, fintech and more. Fund investments are expected to contribute to Ukraine's ongoing resilience, including supporting growth and job creation, expanding the tax base, increasing availability of capital for SMEs, and promoting gender equality.

Key Points: 
  • Fund investments are expected to contribute to Ukraine's ongoing resilience, including supporting growth and job creation, expanding the tax base, increasing availability of capital for SMEs, and promoting gender equality.
  • Lenna Koszarny, Founding Partner and Chief Executive Officer, said, "Today, Horizon Capital and our esteemed group of investors have made history, as the first growth capital and largest fund raised since the onset of the full-fledged invasion.
  • Global institutions are uniting today to back a reputable team with a bold vision, proven investment strategy and track record.
  • The Interests are being offered by means of a private placement to suitable investors.

Adenia Partners Announces $300 Million First Close for Fund V

Retrieved on: 
Tuesday, January 31, 2023
Finance, Professional Services, Other Professional Services, Asset Management, Fintech, DEG, Woman, FMO, Findev, BPI, Investment, DFC, EfTEN Real Estate Fund III, Carbon, CO2, Private equity fund, ESG, Fund, United, Telecommunications, GHG, Climate, Partner, Education, Health, DFI, EIB, Renewable energy, Pharmaceutical industry, Proparco, Adenia

Adenia Partners (“Adenia”), a private markets investment firm committed to responsible investing and a sustainable Africa, is pleased to announce the first close of its fifth flagship fund, Adenia Capital (V) L.P. (“Adenia V” or “the Fund”), with $300 million commitments from investors.

Key Points: 
  • Adenia Partners (“Adenia”), a private markets investment firm committed to responsible investing and a sustainable Africa, is pleased to announce the first close of its fifth flagship fund, Adenia Capital (V) L.P. (“Adenia V” or “the Fund”), with $300 million commitments from investors.
  • The Fund exceeded its first close minimum threshold, achieving 75% of its target size, and attracting institutional and commercial investors who have invested in previous Adenia funds, as well as new investors.
  • The list of returning limited partners includes numerous development finance institutions (“DFI”): IFC, Proparco, EIB, FMO, DEG, Norfund, and BPI.
  • Adenia V will target between 10 and 12 investments, with a median deal size between $30 million and $50 million.

Janngo Capital Startup Fund, Africa's largest gender equal tech VC fund, reaches the first close of its €60 million new fund

Retrieved on: 
Monday, September 12, 2022
European Investment Bank, Policy, French Development Agency, EIB, African Development Bank, UN General Assembly Resolution 60/147, Woman, Achievement, Investment, Hubert Burda Media, Technology, UNGA, Science and technology in Asia, Android, OACPS, French West Africa, NTF, Private equity, European Commission, BPI, Climate change, Entrepreneurship, Poverty, Fund, PROPARCO, ADF, Sabi, Mentorship, Partnership, Bank, Goal, Sustainable Development Goals, Development finance institution, Etsy, Health, Capital, Gaps, UN, Partner, Investor, VC, Economic development, Mobility, SME, Quality of life, Finance, Sustainable Development Goal 8, Financial sector development, Royal commission, Union, Education, Financial services, Drug, Renewable energy, Health insurance, African, EU, Vinted, Proparco

Launched in Davos in 2020, Janngo Capital's latest fund will invest 50% of its proceeds in companies founded, co-founded, or benefiting women.

Key Points: 
  • Launched in Davos in 2020, Janngo Capital's latest fund will invest 50% of its proceeds in companies founded, co-founded, or benefiting women.
  • Yet, they face a $42 billion funding gap and have very limited access to growth capital.
  • "We are proud to lead Africa's largest gender equal tech VC fund and see major global investors rally around our vision to back entrepreneurs building digital champions across Africa.
  • That is why we are pleased to partner again with Janngo Capital Startup Fund through our Boost Africa Initiative," said Ambroise Fayolle, European Investment Bank Vice President.

Janngo Capital Startup Fund, Africa's largest gender equal tech VC fund, reaches the first close of its €60 million new fund

Retrieved on: 
Monday, September 12, 2022
European Investment Bank, Policy, French Development Agency, EIB, African Development Bank, UN General Assembly Resolution 60/147, Woman, Achievement, Investment, Hubert Burda Media, Technology, UNGA, Science and technology in Asia, Android, OACPS, French West Africa, NTF, Private equity, European Commission, BPI, Climate change, Entrepreneurship, Poverty, Fund, PROPARCO, ADF, Sabi, Mentorship, Partnership, Bank, Goal, Sustainable Development Goals, Development finance institution, Etsy, Health, Gaps, UN, Partner, Investor, VC, Economic development, Mobility, SME, Quality of life, Finance, Sustainable Development Goal 8, Financial sector development, Royal commission, Union, Education, Financial services, Drug, Renewable energy, Health insurance, African, EU, Vinted, Proparco

Launched in Davos in 2020, Janngo Capital's latest fund will invest 50% of its proceeds in companies founded, co-founded, or benefiting women.

Key Points: 
  • Launched in Davos in 2020, Janngo Capital's latest fund will invest 50% of its proceeds in companies founded, co-founded, or benefiting women.
  • Yet, they face a $42 billion funding gap and have very limited access to growth capital.
  • "We are proud to lead Africa's largest gender equal tech VC fund and see major global investors rally around our vision to back entrepreneurs building digital champions across Africa.
  • That is why we are pleased to partner again with Janngo Capital Startup Fund through our Boost Africa Initiative," said Ambroise Fayolle, European Investment Bank Vice President.

Circulate Capital Achieves Third Close for Circulate Capital Ocean Fund I-B, Led by the International Finance Corporation (IFC) and Proparco

Retrieved on: 
Wednesday, July 27, 2022
Breakthrough Energy, Sustainable Development Goals, BEV, Circulating capital, The Coca-Cola Company, International, World Bank Group, Waste management, Investment, Environment, Education, Poverty, OnePointFive, Solution, Climate change, IFC, AFD, Disruptive innovation, World, European Investment Bank, Plastic, EIB, Technology, World In Common, Heat, CCOF, Sustainable Development Goal 14, GLOBE, CEO, Renewable energy, COVID-19, Chanel, Lists of countries and territories, Founder, Foundation, Jebsen & Jessen (SEA), Private sector, PepsiCo, Recycling, Policy by press release, Proparco, French Development Agency, Inditex, Unilever

IFC's investment includes an equity commitment of US $5 million from the Finland-IFC Blended Finance for Climate Change Program .

Key Points: 
  • IFC's investment includes an equity commitment of US $5 million from the Finland-IFC Blended Finance for Climate Change Program .
  • "We're delighted to support Circulate Capital in its efforts to tackle the plastic-waste crisis in Asia," said William Sonneborn, IFC's Senior Director of Disruptive Technologies and Funds.
  • It will also increase access to much-needed capital for the small and medium-sized enterprises delivering these important solutions."
  • "The race to unlock the investment potential of the circular economy is heating up," said Rob Kaplan, CEO and Founder of Circulate Capital.