Renewable Energy Asia Fund

South Asia Infrastructure

This is a renewable energy fund focused on pre-construction stage assets in Asia (India and Philippines).

This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
South Asia
Countries

For funds, the countries listed here are those the fund has invested in so far.

:
India, Philippines
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people. For funds, the sectors listed here are those the fund has invested in so far.

:
Infrastructure
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund manager:
Berkeley Energy
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
December 2009
Amount

For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).

For funds, this is the total amount that CDC has committed to the fund.

:
$19.68m
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
United Kingdom

Investments made by this fund

  • Active
  • Exited
Investment name Country Region Sector Start date Status
Panama Wind Energy Pvt Ltd

Panama Wind Group is an IPP Wind Power Developer in the State of Maharashtra with an experience of eight years in building Wind Power Projects across several states in India.

View investment details

India South Asia Infrastructure January 2011 Active
Kharnal Hydro Electric Power Project

14MW small hydro-electric generator project in India

View investment details

India South Asia Infrastructure April 2011 Active
Berkeley Energy Renewables India Private Limited

12.5MW small hydro-electric generator project in Uttarakhand, India

View investment details

India South Asia Infrastructure June 2011 Active
Panama Wind Energy Godawari Private Ltd

Panama Wind Energy Godawari (PWEGPL) is a 80MW pipeline project being developed by Panama Wind Energy and Berkeley Energy. PWEGPL will add to the 96MW wind power project of Panama Wind Energy Private Limited.

View investment details

India South Asia Infrastructure November 2012 Active