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BANNER AFRIQUE

Le Fonds Européen pour le Développement Durable (FEDD) fait appel à vos propositions dans le cadre d'un Proposed Investment Programs (PIP), afin de constituer un portefeuille de projets soutenus par le fonds (28M€). L'objectif du PIP est de promouvoir des projets mini/hors réseau afin d'améliorer l'accès à l'énergie dans les zones rurales et/ou périurbaines mal desservies et d'accroître les utilisations productives de l'énergie. Deadline de l'appel : 15/07/2020.

 

BANNER AFRIQUE

 

The launching of the first call for proposals for the Renewable Energy Program for Sub-Saharan Africa intended to support the development of mini-grid projects.

The RfP intends to identify projects that are in line with the following characteristics:

  • Mini/off-grid renewable power Generation proposals.
  • In underserved areas (rural and/or periurban).
  • Special consideration to productive uses of energy.

The call is launched jointly by the Spanish Cooperation Agency (AECI) and the Spanish Development Financial Institution (COFIDES) that are going to mobilize a maximum of 28 EUR million to provide subordinated debt with the backing of the European Fund for Sustainable Development (EFSD) Guarantee Fund.

Deadline for submission of proposal is fixed on the 15 July.

Projects target size is between EUR 5 million and EUR 40million. In addition the financial structuring requirements to fulfil are:

  • Minimum Equity /Quasi-Equity requirement per SPV: 25% of the project vehicle financial needs
  • Maximum request per project: up to 35% of the total project vehicle financial needs or 14EURmillion
  • Maximum tenor: up to 15years maturity, including up to 3years principal grace period.

In addition, a 2 EUR million for technical assistance to the projects will be also available

Below you will find two links where you will be able to find more details on this call.

https://cofides.es/en/rfp-renewable-energy-program-sub-saharan-africa

FAQ: https://www.cofides.es/en/faq-rfp-renewable-energy-program

Attention there is an extra link under the above link describing the eligibility criteria. I copy it also here for your facilitation https://cofides.es/sites/default/files/adjuntos/2020-05/REQUEST%20FOR%20PROPOSALS%20PIP%20RE%20SSA%20%281%29.pdf