Armenia | Green for Growth Fund

Navigation

Photo GGF - three wind turbines in front of blue sky

Investees/Clients
The Green for Growth Fund provides credit lines to financial institutions in Southeast Europe and in the Middle East and North Africa (MENA) for on-lending to private households, homeowners associations, businesses, municipalities and public sector entities to finance energy efficiency measures and renewable energy projects. GGF also provides loans directly to renewable energy companies and projects, energy service companies, small scale suppliers of energy efficiency and renewable energy services and equipment suppliers.
For more information about funding opportunities, please select among the following:
- You are▼
  A Financial Institution
  An Energy Service Company
  A Renewable Energy Project Developer
  A Supplier of Energy Efficiency and Renewable Services or Equipment
  A Municipality or Public Entity

Donors
The Green for Growth Fund is a unique Public Private Partnership with the goal to promote the development of energy efficiency and renewable energy markets in Southeast Europe and the Middle East and North Africa (MENA) through the provision of dedicated financing. It also provides well-tailored technical assistance for capacity building in partner institutions.
To learn more about the specific roles of donor agencies and private donors in the Investment Fund and Technical Assistance Facility, please choose among the following:
- You are▼
  A Donor to the Investment Fund
  A Donor to the Technical Assistance Facility

Investors
The Green for Growth Fund is a unique Public Private Partnership with the goal to promote the development of energy efficiency and renewable energy markets in Southeast Europe and in the Middle East and North Africa (MENA) through the provision of dedicated financing. It also provides well-tailored technical assistance for capacity building in partner institutions.
To learn more about the specific roles of international financial institutions and investors in the Investment Fund, please choose among the following:
- You are▼
  An International Financial Institution
  A Private Sector Investor

Consultants

The implementation of our technical assistance projects is entrusted to dedicated and competent consultants who provide the Partner Institutions of the Green for Growth Fund with high quality support. Experienced professionals with expertise in the energy efficiency and renewable energy sector are essential in achieving GGF´s goals. Therefore, support by independent consultants as well as by companies working in the aforementioned areas is highly appreciated.

If you are a consultant or a company offering services in the area of energy efficiency and renewable energies and interested in cooperating with GGF’s Technical Assistance Facility you are welcome to contact us. After screening your credentials, we will include your profile in our expert database for future reference. Please send your curriculum vitae or your company profile including information on your areas of expertise to the Manager of the GGF Technical Assistance Facility, Finance in Motion:

Finance in Motion GmbH
Gemma Ferst
Carl-von-Noorden-Platz 5
60596 Frankfurt am Main
Germany

Phone: +49 (0) 69 97 78 76 50 - 27
Fax: +49 (0) 69 97 78 76 50 - 10
E-mail: ta@finance-in-motion.com

Investments - Armenia

Status: as at 30 June 2017
Partner Institution	ACBA Leasing
Target Partner	Armenia
Counterparty Sector	Financial Institution
Signing Date	November 2014
Size	USD 2 million
Project Description and Objectives	Further strengthen the company's EE lease financing portfolio to provide SME customers with access to green finance.

Partner Institution	ACBA
Target Partner	Armenia
Counterparty Sector	Financial Institution
Signing Date	November, 2013
Size	USD 3,629 million
Project Description and Objectives	Support the development of an energy efficiency lending product within the institution, enabling households in Armenia to reduce energy costs, consumption and CO2 emissions.

For more information, please visit:
Press Release: GGF ISSUES EUR 5 MILLION LOAN TO ARMENIAN ACBA-CREDIT AGRICOLE BANK

Partner Institution	ACBA Leasing
Target Partner	Armenia
Counterparty Sector	Financial Institution
Signing Date	November, 2013
Size	USD 1,725 million
Project Description and Objectives	Support the development of an energy efficiency lending product within the institution, enabling households in Armenia to reduce energy costs, consumption and CO2 emissions.

For more information, please visit:
Press Release: GGF PROVIDES ACBA LEASING WITH EUR 1.75 MILLION LOAN FACILITY

Partner Institution	Inecobank
Target Partner	Armenia
Counterparty Sector	Financial Institution
Signing Date	September, 2012
Size	USD 10 million
Project Description and Objectives	Support the development of an energy efficiency lending product within the institution, enabling households in Armenia to reduce energy costs, consumption and CO2 emissions.

For more information, please visit:
Press release: "GGF and Inecobank sign USD 10 Million energy efficiency loan agreement"

Partner Institution	Araratbank
Target Partner	Albania
Counterparty Sector	Financial Institution
Signing Date	November, 2012
Size	USD 5 million
Project Description and Objectives	Support the development of an energy efficiency lending product within the institution, enabling households in Armenia to reduce energy costs, consumption and CO2 emissions.

For more information, please visit:
Press release: "GGF and ARARATBANK boost energy efficiency financing with USD 5 million loan facility"

Initiated by

With funding from:

Fund Label