1 current partner institution
EUR 32.0 million sub-loan investments since inception
11,540 MWh/yr primary energy savings
9,882 tCO2/yr emissions reduction
All figures as of 31.12.2021
Where the GGF invests
Click the country of your interest to learn about the fund's portfolio.
Fund Advisor’s Regional Office
Contact
Finance in Motion GmbH
SCC Office Tower, Vrbanja 1
71000 Sarajevo
Bosnia and Herzegovina
T: + 387 (0) 33 56 11-90
E: albania@finance-in-motion.com
E: energy.investments@finance-in-motion.com
2 current partner institutions
EUR 1 million sub-loan investments since inception
101,762 MWh/yr primary energy savings
16,070 tCO2/yr emissions reduction
All figures as of 31.12.2021
Contact
Finance in Motion GmbH
Shovkovychna Str. 10, office 4
01021 Kyiv
Ukraine
T: + 38 (0)44 290 70 88
E: armenia@finance-in-motion.com
E: energy.investments@finance-in-motion.com
1 current partner institution
EUR 8.6 million sub-loan investments since inception
5,252 MWh/yr primary energy savings
1,438 tCO2/yr emissions reduction
All figures as of 31.12.2021
Contact
Finance in Motion GmbH
Carl-von-Noorden-Platz 5
60596 Frankfurt am Main
Germany
T: + 49 (0) 69 271 035 - 376
E: azerbaijan@finance-in-motion.com
E: energy.investments@finance-in-motion.com
4 current partner institutions
EUR 29.1 million sub-loan investments since inception
142,262 MWh/yr primary energy savings
45,029 tCO2/yr emissions reduction
All figures as of 31.12.2021
Contact
Finance in Motion GmbH
SCC Office Tower, Vrbanja 1
71000 Sarajevo
Bosnia and Herzegovina
T: + 387 (0) 33 56 11-90
E: bosnia_and_herzegovina@finance-in-motion.com
E: energy.investments@finance-in-motion.com
1 current partner institution
EUR 23.8 million sub-loan investments since inception
31,932 MWh/yr primary energy savings
12,335 tCO2/yr emissions reduction
All figures as of 31.12.2021
Contact
Finance in Motion GmbH
Carl-von-Noorden-Platz 5
60596 Frankfurt am Main
Germany
T: + 49 (0) 69 271 035-376
E: croatia@finance-in-motion.com
E: energy.investments@finance-in-motion.com
8 current partner institutions
EUR 110.8 million sub-loan investments since inception
574,752 MWh/yr primary energy savings
155,512 tCO2/yr emissions reduction
Number of Renewable Energy projects: 2
All figures as of 31.12.2021
RENEWABLE ENERGY PROJECTS FINANCED
Nubian Suns Solar PV Program – Phoenix Solar
Technology:
Solar PV
Initial Project Sponsors:
Phoenix Power Ventures, Infinity Solar Energy, ib Vogt, BPE Holding, Egypt Opportunity Capital
Press release:
GGF SUPPORTS DEVELOPMENT OF EGYPT’S RENEWABLE ENERGY RESOURCES THROUGH IFC-LED SOLAR PV PROGRAMME
GGF E&S Category: B
Signing Date
2017
October
Project Size
50
MW
GGF Contribution
15
Million USD
CO2 Reduction
18.286
tCO2/yrs
Nubian Suns Solar PV Program – ARC Solar
Technology:
Solar PV
Initial Project Sponsors:
SECI Energia, Enerray, Enerray Global Solar Opportunities, Desert Technologies
Press release:
GGF SUPPORTS DEVELOPMENT OF EGYPT’S RENEWABLE ENERGY RESOURCES THROUGH IFC-LED SOLAR PV PROGRAMME
GGF E&S Category: B
Signing Date
2017
October
Project Size
50
MW
GGF Contribution
5
Million USD
CO2 Reduction
6.092
tCO2/yrs
Contact
Finance in Motion GmbH
3 Abou El Feda Street, Abou El Feda Office Building, 14th floor
11211 Zamalek, Cairo
Egypt
T: + 20 (2) 27 37 13 - 44
E: egypt@finance-in-motion.com
E: energy.investments@finance-in-motion.com
10 current partner institutions
EUR 136.2 million sub-loan investments since inception
266,463 MWh/yr primary energy savings
57,437 tCO2/yr emissions reduction
Number of Renewable Energy Projects: 2
All figures as of 31.12.2021
RENEWABLE ENERGY PROJECTS FINANCED
Qartli (Gori) Wind Project
Technology:
Wind
Initial Project Sponsors:
Georgian Energy Development Fund (GEDF)and Georgian Oil and Gas Corporation (GOGC)
Press release:
GGF CO‐FINANCES FIRST WIND PROJECT IN GEORGIA WITH USD 4 MILLION
GGF E&S Category: B
Signing Date
2016
September
Project Size
20.7
MW
GGF Contribution
4
Million USD
CO2 Reduction
7,073
tCO2/yrs
Dariali Hydropower Project
Technology:
HPP
Initial Project Sponsors:
PERI Ltd., The Robbins Company, the Georgian Energy Development Fund, and Energy LLC
Press release:
GGF E&S Category: A
E&S Risk Assessment Information
Signing Date
2014
August
Project Size
108
MW
GGF Contribution
10
Million USD
CO2 Reduction
32,402
tCO2/yrs
Contact
Finance in Motion GmbH
A 4, Business Center, 5th Floor
N-5 Mikheil Asatiani St.
0177 Tbilisi
Georgia
T: + 995 (0) 32 29 90-192
E: georgia@finance-in-motion.com
E: energy.investments@finance-in-motion.com
1 current partner institution
EUR 7.1 million sub-loan investments since inception
43,429 MWh/yr primary energy savings
10,140 tCO2/yr emissions reduction
All figures as of 31.12.2021
Contact
Finance in Motion GmbH
Carl-von-Noorden-Platz 5
60596 Frankfurt am Main
Germany
T: + 49 (0) 69 271 035 - 376
E: energy.investments@finance-in-motion.com
4 current partner institutions
EUR 23.5 million sub-loan investments since inception
31,461 MWh/yr primary energy savings
8,689 tCO2/yr emissions reduction
All figures as of 31.12.2021
Contact
Finance in Motion GmbH
Qamil Hoxha 7, 1/6
10000 Prishtina,
Republic of Kosovo
T: Phone: +383 (0) 38 749 050
E: kosovo@finance-in-motion.com
E: energy.investments@finance-in-motion.com
2 current partner institutions
EUR 19.0 million sub-loan investments since inception
31,644 MWh/yr primary energy savings
7,759 tCO2/yr emissions reduction
All figures as of 31.12.2021
Contact
Finance in Motion GmbH
Carl-von-Noorden-Platz 5
60596 Frankfurt am Main
Germany
T: + 49 (0) 69 271 035 - 376
E: energy.investments@finance-in-motion.com
1 current partner institution
EUR 1.8 million sub-loan investments since inception
46,698 MWh/yr primary energy savings
9,313 tCO2/yr emissions reduction
All figures as of 31.12.2021
Contact
Finance in Motion GmbH
25, M. Bănulescu Bodoni str., 3rd floor, room 31
2012 Chișinău
Republic of Moldova
T: + 373 (0) 22 54 46 - 26
E: moldova@finance-in-motion.com
E: energy.investments@finance-in-motion.com
2 current partner institutions
EUR 4.8 million sub-loan investments since inception
9,479 MWh/yr primary energy savings
3,013 tCO2/yr emissions reduction
All figures as of 31.12.2021
Contact
Finance in Motion GmbH
Bulevar Svetog Petra Cetinjskog 114
81000 Podgorica
Montenegro
T: + 382 (0)20 22 83 41
E: montenegro@finance-in-motion.com
E: energy.investments@finance-in-motion.com
0 current partner institutions
EUR 0 sub-loan investments since inception
0 MWh/yr primary energy savings
0 tCO2/yr emissions reduction
All figures as of 31.12.2021
Contact
Finance in Motion GmbH
Carl-von-Noorden-Platz 5
60596 Frankfurt am Main
Germany
T: + 49 (0) 69 271 035 - 376
E: morocco@finance-in-motion.com
E: energy.investments@finance-in-motion.com
3 current partner institutions
EUR 40.2 million sub-loan investments since inception
177,986 MWh/yr primary energy savings
52,107 tCO2/yr emissions reduction
All figures as of 31.12.2021
RENEWABLE ENERGY PROJECTS FINANCED
Bogoslovec - Wind
Technology:
Wind
Initial Project Sponsors:
BNB Kompani D.O.O.
Press release:
GGF MAKES FIRST EQUITY INVESTMENT IN WIND FARM IN NORTH MACEDONIA
GGF E&S Category: B (+)
E&S Risk Assessment Information
Signing Date
2021
June
Project Size
36
MW
GGF Contribution
3.5
Million Euro
CO2 Reduction
80,000
tCO2/yrs
Contact
Finance in Motion GmbH
aksim Gorki 20/3
1000 Skopje
North Macedonia
T: + 389 (0) 231 32-628
E: macedonia@finance-in-motion.com
E: energy.investments@finance-in-motion.com
0 current partner institutions
0 sub-loan investments since inception
0 MWh/yr primary energy savings
0 tCO2/yr emissions reduction
All figures as of 31.12.2021
Contact
Finance in Motion GmbH
Carl-von-Noorden-Platz 5
60596 Frankfurt am Main
Germany
T: + 49 (0) 69 271 035 - 376
E: energy.investments@finance-in-motion.com
3 current partner institutions
EUR 230.4 million sub-loan investments since inception
845,835 MWh/yr primary energy savings
251,438 tCO2/yr emissions reduction
Number of Renewable Energy Projects: 2
All figures as of 31.12.2021
RENEWABLE ENERGY PROJECTS FINANCED
Dolovo/Cibuk (Tesla) Wind Farm
Technology:
Wind
Initial Project Sponsors:
Masdar, DEG, Taaleri
Press release:
GGF SUPPORTS SERBIA'S CLIMATE GOALS BY CO-FINANCING TWO PIONEERING WIND FARMS
LARGEST SERBIAN WIND PLANT- CO-FINANCED BY GGF - INAUGURATED
GGF E&S Category: A
E&S Risk Assessment Information
Signing Date
2018
March
Project Size
158
MW
GGF Contribution
18.4
Million Euro
CO2 Reduction
29,932
tCO2/yrs
Alibunar Wind Project
Technology:
Wind
Initial Project Sponsors:
Elicio NV
Press release:
GGF SUPPORTS SERBIA'S CLIMATE GOALS BY CO-FINANCING TWO PIONEERING WIND FARMS
GGF E&S Category: B
Signing Date
2017
September
Project Size
42
MW
GGF Contribution
13.5
Million Euro
CO2 Reduction
19,927
tCO2/yrs
Contact
Finance in Motion GmbH
Airport City, Omladinskih brigada 90v, building 1700, 8th floor
11070 Belgrade
Serbia
T: + 381 (0) 11 22 89 - 058
E: serbia@finance-in-motion.com
E: energy.investments@finance-in-motion.com
4 current partner institutions
EUR 35.5 million sub-loan investments since inception
45,636 MWh/yr primary energy savings
11,847 tCO2/yr emissions reduction
All figures as of 31.12.2021
Contact
Finance in Motion GmbH
Carl-von-Noorden-Platz 5
60596 Frankfurt am Main
Germany
T: + 49 (0) 69 271 035 - 376
E: energy.investments@finance-in-motion.com
8 current partner institutions
EUR 454.2 million sub-loan investments since inception
1,073,711 MWh/yr primary energy savings
256,864 tCO2/yr emissions reduction
All figures as of 31.12.2021
Contact
Finance in Motion GmbH
Maslak Mah. Büyükdere Cd.
Noramin İş Merkezi No: 237
Kat A1 Ofis No: A103
34398 Maslak, Sariyer
Istanbul, Turkey
T: + 90 212 286 01 23
E: turkey@finance-in-motion.com
E: energy.investments@finance-in-motion.com
6 current partner institutions
EUR 114.3 million sub-loan investments since inception
574,752 MWh/yr primary energy savings
155,512 tCO2/yr emissions reduction
Number of Renewable Energy projects: 2
All figures as of 31.12.2021
RENEWABLE ENERGY PROJECTS FINANCED
Syvash Wind Project
Technology:
Wind
Initial Project Sponsors:
NBT, Total Eren, Al-Gihaz.
Press release:
GGF CONTRIBUTES EUR 25 MILLION TO SYVASH WIND PROJECT IN UKRAINE
GGF E&S Category: A
E&S Risk Assessment Information
Signing Date
2019
January
Project Size
250
MW
GGF Contribution
25
Million Euro
CO2 Reduction
64,720
tCO2/yrs
Boguslav Solar Power Project
Technology:
Solar PV
Initial Project Sponsors:
Scatec Solar ASA
Press release:
GGF INVESTS IN SOLAR PROJECT IN UKRAINE
GGF E&S Category: B
Signing Date
2019
July
Project Size
45
MW
GGF Contribution
9
Million Euro
CO2 Reduction
9,915
tCO2/yrs
Contact
Finance in Motion GmbH
Shovkovychna Str. 10, office 4
01021 Kyiv
Ukraine
T: + 38 (0)44 290 70 88
E: ukraine@finance-in-motion.com
E: energy.investments@finance-in-motion.com