Global Energy Efficiency and Renewable Energy Fund
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Last updated 9 July 2020, by Impactyield.
Description
GEEREF (the Global Energy Efficiency and Renewable Energy Fund) is an emerging market fund-of-funds. GEEREF invests in funds in Asia, Africa and Latin America which target infrastructure projects and companies in the sectors of energy efficiency and renewable energy.
GEEREF was launched in 2008 with public funding from Germany, Norway and the European Union (‘A Shares’) totalling €112 million. It seeks to accelerate private investment into its target markets by providing a superior risk-adjusted return, drawing upon the resources of EIB and EIF in private equity and energy infrastructure investment globally.
GEEREF has now raised a further €110 million for ‘B Units’ from private investors in Australia, Europe and North America.
GEEREF’s unique public/private structure grants a preferred return to B Units, offering significant downside protection and accelerated liquidity through a diversified portfolio into some of the world’s fastest growing markets.
Incorporation year: 2008
Headquarters location: Luxembourg
Currency for fund / product figures: EUR (Euro)
Total firm assets under management: 222000000 EUR
Membership and other professional affiliations:
Years top investment professionals have worked together: 5
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Funds managed by this asset manager
Related people
Alex Murray
Principal
Cyrille Arnould
Head of GEEREF
Gunter Fischer
Principal Officer
Monica Arevalo
Investment Officer