Tag Archives: FMO

Landmark Solar and Battery Project in Senegal to Deliver Clean Energy to 235,000 People

(IN BRIEF) An EUR 84 million investment will fund the development of two photovoltaic solar plants with integrated battery energy storage systems (BESS) in Senegal’s Kolda region, providing clean energy to 235,000 people. Spearheaded by the Emerging Africa & Asia … Read the full press release

Joint Effort by BII, FMO, and UK Government to Boost Finance for Agribusinesses and Smallholder Farmers

(IN BRIEF) BII, FMO, and the UK Government’s Foreign Commonwealth & Development Office have partnered to expand the CASA technical assistance facility, aiming to address the significant financing gap faced by agribusinesses in developing countries, particularly in sub-Saharan Africa. With … Read the full press release

BII and FMO Join Forces to Propel BECIS’ Clean Energy Expansion in South and South-East Asia

(IN BRIEF) British International Investment (BII) and FMO have collaborated to provide a joint loan commitment of US$50 million to BECIS, a leading Energy as a Service (EaaS) provider in South-East Asia. This financing will support BECIS’ ambitious plans to … Read the full press release

FMO and partners provide second syndicated loan to Turkey’s Kılıç Deniz for growth and diversification

(IN BRIEF) Dutch development bank FMO, along with French development finance institution Proparco and SDG-focused emerging market credit fund ILX Fund, has provided a €60m ($71.6m) syndicated loan to Turkey’s Kılıç Deniz, a leading aquaculture player. The funds will be … Read the full press release

El BERD contribuye al sector de las energías renovables de Uzbekistán con una inversión de 205 millones de dólares en una planta solar

(NOTICIA EN BREVE) El BERD está invirtiendo $ 205 millones en la construcción de tres plantas de energía solar completamente nuevas en Uzbekistán. El paquete financiero se proporcionará a Abu Dhabi Future Energy Company (Masdar), con el cofinanciamiento esperado del … Read the full press release

EBRD contributes to Uzbekistan’s renewable energy sector with $205m solar plant investment

(IN BRIEF) The EBRD is investing $205 million in the construction of three greenfield solar power plants in Uzbekistan. The financial package will be provided to Abu Dhabi Future Energy Company (Masdar), with expected co-financing from the Asian Development Bank, … Read the full press release

EBRD to support Egypt’s renewable energy sector by investing in the green bond issuance of Norwegian solar power producer Scatec ASA

EBRD investment of up to US$ 100 million in a certified green bond issuance in favour of Scatec ASA US$ 30 million Credit Enhancement Facility First private green project bond issuance in Egypt and the SEMED region (PRESS RELEASE) LONDON, … Read the full press release

EBWE wird Ägyptens Sektor für erneuerbare Energien unterstützen, indem sie in die Emission grüner Anleihen des norwegischen Solarstromproduzenten Scatec ASA investiert

EBWE-Investition von bis zu 100 Millionen US-Dollar in eine zertifizierte Green-Bond-Emission zugunsten von Scatec ASA Kreditverbesserungsfazilität in Höhe von 30 Millionen US-Dollar Emission der ersten privaten grünen Projektanleihe in Ägypten und der SEMED-Region (PRESSEMITTEILUNG) LONDON, 28-Apr-2022 — /EuropaWire/ — Die … Read the full press release

FMO to loan EUR 30 million to Sekerbank, a Turkish bank with strong positions in the agricultural sector across the Anatolian region

(PRESS RELEASE) THE HAGUE, 17-Jan-2022 — /EuropaWire/ — FMO, the Dutch entrepreneurial development bank, has announced its financial support to the agricultural sector across the Anatolian region in Turkey with the loan of EUR 30 million provided to Turkish Sekerbank. … Read the full press release

EBRD highlights its strong commitment to promoting gender equality by joining initiative to step up women empowerment

2X Challenge plans to raise US$ 15 billion by end-2022 Enhancing women’s access to entrepreneurship and leadership opportunities (PRESS RELEASE) LONDON, 9-Jun-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) announces that it has joined the 2X … Read the full press release

Longstanding PRI signatory Dutch entrepreneurial development bank (FMO) achieved the highest scores possible across the board in the 2020 UNPRI Assessment Report

(PRESS RELEASE) THE HAGUE, 11-Aug-2020 — /EuropaWire/ — Leading impact investor FMO (Dutch development bank) has announced it has scored A+ across the board in 2020’s UNPRI Assessment Reports for its investor signatories. The PRI (Principles for Responsible Investing) is … Read the full press release

FMO closes USD 15 million loan for Bancop to support job creation by productive SMEs in Paraguay

The HAGUE, 27-Sep-2018 — /EuropaWire/ — FMO has closed a USD 15 million loan for Banco Para la Comercialización y la Producción, Bancop S.A. (“Bancop”) in Paraguay, to support job creation by productive SMEs. Bancop is a member of the … Read the full press release

FMO’s NASIRA program to provide financial support to underserved entrepreneurs gets backing from EU and Dutch government

The HAGUE, 16-Jul-2018 — /EuropaWire/ —The European Comission (EC), has approved up to €75 million in guarantees and up to €8 million in Technical Assistence to FMO’s NASIRA program (NASIRA). The NASIRA risk sharing facility aims to provide access to … Read the full press release

FMO: Climate Investor One reaches third close at USD 535 million

Climate Investor One has reached third close at USD 535 million. This innovative blended finance facility provides funding for renewable energy projects in the wind, solar and run-of-river hydro sectors in developing countries . THE HAGUE, 25-Jun-2018 — /EuropaWire/ — Climate Investor One seeks … Read the full press release

Dutch development bank FMO loans USD 10 million to microfinance organisation VisionFund International (VFI)

THE HAGUE, 13-Mar-2018 — /EuropaWire/ — FMO, the Dutch development bank, has provided a five-year loan of USD 10 million to VisionFund International (VFI), a global microfinance organisation. This transaction will benefit the end clients of VFI’s microfinance institutions (MFIs) … Read the full press release

FMO: USD 100 million syndicated loan in support of agribusiness in Nigeria

The HAGUE, 13-Feb-2018 — /EuropaWire/ — Access Bank Plc announced that it has signed a Syndicated Loan Agreement totaling USD 100 million. The credit line has been arranged by FMO, together with Proparco, the French private sector development bank, Norfund (Norwegian … Read the full press release

Her Majesty Queen Máxima at the ‘Power of Partnerships – making finance work for women Entrepreneurs’ Symposium organised by the Dutch Development Bank (FMO)

THE HAGUE, 13-Feb-2018 — /EuropaWire/ — Her Majesty Queen Máxima will hold a speech on Monday 12 March at the Royal Institute for the Tropics in Amsterdam (KIT) in the Symposium ‘ Power of Partnerships – making finance work for women … Read the full press release

Dutch development bank FMO to support Argentina’s micro and small-to-medium sized enterprises (MSMEs)

THE HAGUE, 16-Jan-2018 — /EuropaWire/ — Banco Comafi has received a US$20 million investment from the Dutch development bank FMO to support Argentina’s new business sector in line with pro-market reforms implemented by the country’s elected government. The bank is the first Argentinian lender … Read the full press release

FMO, OFID and OeEB sign USD 67.5 million syndicated loan to Lebanon and Gulf Bank (LGB BANK) for SMEs

THE HAGUE, 02-Jan-2018 — /EuropaWire/ — The three development banks signed a USD 67.5 million loan to Lebanon and Gulf Bank (LGB BANK). In addition to the USD 32.5 million provided by FMO, OFID (the OPEC Fund for International Development) … Read the full press release

FMO and IFC launched e-course on Related Party Transactions Governance for commercial banks in Viet Nam

The HAGUE, 19-Dec-2017 — /EuropaWire/ — FMO and IFC launched an online course on Related Party Transactions Governance for Vietnamese commercial banks. Related party transactions (RPTs) are viewed as situations, which are open to a possible conflict of interest and can harm … Read the full press release