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|| Finance Catalyst
|| Financial: (Other Funding Opportunities)
|| The Finance Catalyst links renewable energy projects to finance opportunities and vice versa, targeting small- and medium-scale renewable energy projects, currently in sub-Saharan Africa.
It provides advisory support on project development, project structuring and accessing finance through a team of dedicated experts with extensive experience in renewable energy project development and finance.
The GET.invest Finance Catalyst support is available to all project proposals that meet the following minimum criteria:
- Only projects with a cumulative generation capacity between 0.5-50 MW or aggregated investments in the range of € 1-70 million are eligible. This can include distributed generation.
- Projects must be situated in sub-Saharan Africa. Services for the Caribbean and Pacific region are in preparation.
- Projects may comprise electricity generation, electricity distribution (in the case of mini-grids and standalone systems), mechanical energy and industrial / process heat or cooling. Transmission projects or biofuels / transport projects are not eligible.
- Applicants may be private sector developers (local and international), NGOs, universities or research institutions. Preference is given to projects with a significant private sector representation.
- There must be a demonstrable connection with one or more European institutions or companies in the project. This could be a private sector stakeholder, a government institution, a university or a research institution.
- The major part of the project’s scope must be a renewable energy system investment. Hybrid systems with a reasonable share of renewable generation capacity are also eligible.
- Projects must be conceptualised as revenue generating and meet a minimum economic viability and sustainability threshold.