NEWS
Senegalese Investment Fund Seeks Manager for Climate Impact Project Investments in Senegal
Fonds Souverain d’Investissements Stratégiques (FONSIS) is seeking a fund management firm and/or consortium to provide fund co-establishment and fund co-management services to a multi-investor equity/quasi-equity climate impact fund. This fund will assist in financing sustainable energy/energy efficiency projects and companies in Senegal.
The African Development Bank is collaborating with FONSIS and Global Green Growth Institute (GGGI) in raising financing from a variety of international sources, including prominent climate finance institutions, as part of a wider effort to catalyse investment in sustainable energy across the continent.
The Assignment entails the overall responsibility for co-developing, coestablishing and co-managing the Fund, which will make local and hard currency equity/quasi-equity investments in sustainable energy/energy efficiency projects and companies that produce measurable and positive climate impact.
Interested firms and/or consortia should provide relevant information on their qualifications and experience demonstrating their ability to provide the services.
Expressions of Interest must be received at the following email addresses: [email protected] and [email protected] no later than February 28th at 23:59 (GMT) and specifically indicating “Fund Establishment and Fund Co-Management Services for A Multi-Investor Equity/Quasi-equity Climate Impact Fund Financing Sustainable Energy Projects and Companies in Senegal”.
See details of the expression of interest here.