The funds will increase the availability of equity capital and expand the market to meet the growing investment needs in energy projects in the regions.
Funds will be utilized for clean energy projects such as hydro, wind, geothermal, biomass and solar power, and for providing financing for clean generation, energy efficiency equipment and service suppliers.
The fund will seek to make 10-15 equity investments with individual investment ranging from €5m to €30m, and at least 70% of its operations will be performed in Turkey, with the remaining 30%in the Western Balkans and the Caucasus.
