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Americas Energy Fund II Clean Energy, L.P.

September 4, 2014



Region : Latin America and the Caribbean Company name : SCLEA II Sector : P-BB - Private Equity/Venture Cap Fund - Regional Department : Global Industry, Financial Markets Environmental category : FI1 Status : Pend PDS-IR Date SPI disclosed : September 2, 2014 Projected board date : October 15, 2014 Last Updated Date : September 3, 2014 Project Description : The project entails a US$25 million equity commitment, not to exceed 20% of total commitments, in Americas Energy Fund II Clean Energy, L.P. (the Fund ), a ten-year closed-end private equity fund seeking to raise US$125 million to invest in 6-8 projects in the clean energy and energy efficiency sectors of Latin America and the Caribbean ( LAC ). Project Sponsor and Major Shareholders of Project Company : The Fund will be managed by SCL EnergÍa Activa ( SCLEA ), a Santiago, Chile-based fund manager established in 2007 as a 50/50 joint venture between SCL EnergÍa, a power engineering and consulting firm, and Activa, a subsidiary of the Chilean investment bank LarrainVial. SCLEA is managed by a team of six Partners, all of whom have worked together for over 20 years in the power and energy sector primarily as operators. Total Project Cost and Amount and Nature of IFCs Investment : The Fund is seeking to raise US$125 million with a first close in late 2014 and a final close in January 2015. The proposed IFC commitment is in the form of equity of up to US$25 million, not to exceed 20% of total capital commitments to the Fund. Location of Project and Description of Site : The Fund will be structured as a Canadian limited partnership. The fund management company will be a Cayman Islands exempted company. The Fund will make investments in Latin America and the Caribbean ( LAC ) primarily in Chile, Colombia, and Peru. The Fund manager, SCLEA, will primarily operate out of Santiago, Chile. Environmental & Social Categorization Rationale : The Fund will target equity investments in the clean energy and energy efficiency sectors primarily in Chile, Colombia and Peru. The investments may include projects in: renewable energy (biomass, small hydro, wind, solar); cleaner energy (gas); energy efficiency; natural gas distribution; and power transmission and distribution. The Fund s portfolio is expected to include activities with significant adverse Environmental and Social (E&S) risks and impacts, and the project has been classified as Category FI-1 according to IFCs Sustainability Framework. The Fund manager will be required to ensure compliance of the investments made with the IFC Exclusion List, the E&S national laws and regulations and the IFC Performance Standards. For inquiries about the project, contact: Juan Alberto Fernandez, President SCL EnergÍa Activa Cerro El Plomo 5630, of. 1304 Las Condes, Santiago de Chile Tel: (56-2) 2370 1688 mailto:jafernandez@sclea.com For inquiries and comments about IFC, contact: General IFC Inquiries IFC Corporate Relations

Project completion date : 2015-12-31 12:00:00

Major organization : SCL ENERGÍA ACTIVA

Address : Cerro El Plomo 5630, of. 1304 Las Condes, Santiago de Chile



Country :Chile

Email : jafernandez@sclea.com

Url : www.sclea.com/

Financier : International Finance Corporation (IFC),

Financier address : International Finance Corporation (IFC) 2121 Pennsylvania Avenue, NW Washington, DC 20433 United States Website : http://www1.ifc.org Tel : (202) 473-3800 Fax : (202) 974-4384


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Source: TendersInfo (India)


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