NWB Bank finances solar projects in Asia via Climate Investor One

19 September 2018

Cleantech Solar, the leading pan-Asian supplier of renewable energy to corporates, is the first company to receive an investment from the Climate Investor One fund. The equity investment amounts USD 50 million of which € 20mln is made available by NWB Bank via the facility the bank has granted to Climate Investor One last year.


Lidwin van Velden, CEO of NWB Bank, says “she is delighted with this successful first transaction of Climate Investor One. For NWB Bank this is a unique way to collaborate to worldwide initiatives to increase sustainability.”

Climate Investor One (“CIO”) is an innovative approach to finance sustainable infrastructure and energy projects in emerging markets. It focuses on solar, on shore wind and hydro. The fund is managed by Climate Fund Managers (CFM) which is a joint-venture between FMO, the Dutch Development Bank, and Sanlam InfraWorks, a South African specialist infrastructure unit.

In 2017, NWB Bank provided a 20 year loan facility of in total € 150mln to the Construction Equity Fund of CIO. This facility, of which the first transaction has now been effectuated, is 100% guaranteed by Atradius Dutch State Business

For more information, please see
www.climatefundmanagers.com.

Nederlandse Waterschapsbank N.V., Rooseveltplantsoen 3, 2517 KR The Hague, the Netherlands
Media relations: Simon Zwagemakers, t +31 70 4166259 / +31 6 57457906 e
persinfo@nwbbank.com
https://www.nwbbank.com/home-en

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