Green for Growth Fund
Frankfurt am Main, Hesse, Germany
About
Founded in 2009, Green for Growth Fund is a private headquartered in Frankfurt am Main, Germany specializing in Solar, Wind, Hydro.
Green for Growth Fund is an investment vehicle launched in 2009 by the European Investment Bank, the European Union, and Germany's KfW Development Bank. It finances renewable energy, energy efficiency, and resource efficiency projects across 19 countries in EU Accession and Neighbourhood regions. The fund operates through direct investments and indirect financing via 70 local financial institutions. It provides project financing for utility-scale renewable energy, supports MSMEs undertaking energy transition projects, and delivers advisory and capacity-building services. The fund has surpassed EUR 1 billion in assets under management and is managed by Finance in Motion, an established asset manager with over 20 years of emerging market investment experience.
Headquarters
Frankfurt am Main, Germany
Founded
2009
Company Type
Private
Business Models
Value Chain
Service Regions
EU Accession regions, EU Neighbourhood regions, Western Balkans, Ukraine, Moldova, Turkey, Albania, Serbia, North Macedonia, Bosnia and Herzegovina, Kosovo, Armenia, Georgia
Industry Memberships
UN Global Compact, Operating Principles for Impact Management, Principles for Responsible Investment
Projects
Oslomej Solar Power Project
A101 Solar Installation Project
Sanko Tekstil Renewable Energy Project
Albania Private Renewable Energy Project
Certifications & Awards
Certifications
BlueMark Practice Leader
Principles for Responsible Investment