The Renewable Energy Asia Fund II (REAF II) makes investments in renewable energy projects that generate clean energy as well as address socio-economic needs by providing access to power to developing areas of India, Indonesia, and the Philippines that lack electricity. These equity investments include on-grid solar, wind, waste-to-energy and hydropower projects of between 5 and 100 MW. REAF II bridges the gap between local project developers and international investors looking for renewable energy projects in Southeast Asia while at the same time helping shift power generation away from fossil fuels.

Commitment Date

September 2017

Term

10 years plus two 1-year extensions

Amount Committed

$700,000 US Dollars

Capital Called as of March 31, 2019

$522,465 (74%)

Impact Metrics for 2017

  • 18 MW renewable energy created
  • 56,255 MWh renewable energy produced
  • 43,239 metric tonnes GHG emissions avoided
  • 129,403 beneficial households
  • 47 permanent jobs created