More Private Pro-Poor Small Scale Renewable Energy / Energy Efficiency Investments in South Asia

Purpose

To expand the investment portfolio and incorporate additional financing mechanisms into the S3IDF model to facilitate local finance and enterprise development for small REES projects with large pro-poor impacts, global and local environmental benefits, and the continued dissemination of the model's successes and lessons.

Main Activities

  • Conduct deal identification, feasibility analysis, financial engineering (transaction and ownership/operations business structuring), assist during implementation and operation, and disseminate M&E lessons;
  • Expand S3IDF's market-shed;
  • Introduce policy initiatives (e.g., sub-franchise agreements) for specific new investments;
  • Tackle related issues mentioned for larger and longer gestation projects, which need such structuring and risk mitigation approaches.

Expected Impact

  • Further demonstration and dissemination of new/innovative financing and related risk mitigation ownership arrangements, (e.g. BOT) for "collateral-poor" and/or inexperienced owner/operators in REES projects;
  • Implementation of 15-20 additional poverty alleviating and environmental benefits transactions with local financing (increased local financial-institution involvement) and expansion of the portfolio's market-shed;
  • Replicable - but new to the portfolio - innovative financing/deal structuring arrangements and associated business models owning/operating pro-poor REES investments;
  • Increased understanding of the poors' willingness-to-pay for energy services;
  • Additional M&E and dissemination of lessons;
  • New/additional international financial resource mobilisation for REES investments from socially, ethically and/or environmentally concerned individuals (including GHG offsets).

Related News

Programme sector: 

RE & EE (Business&Finance)

Stage of project: 

Completed

Duration: 

2006 - 2008

Budget: 

€ 220,000

Implementing agency: 

The Small Scale Sustainable Infrastructure Development Fund Inc. (S3IDF)

REEEP grant funded by:

United Kingdom