According to FMO website, with Sindicatum, the FMO is funding together the Capas project, a 25 MWp ground-mounted PV solar project located within the Clark Green City, in the Tarlac province of Central Luzon, the Philippines.
This funding will be provided under the Climate Investor One initiative, which has the aim to fast-track the development of renewable energy projects in emerging markets. This transaction provides Climate Investor One an opportunity to co-develop a solar project in an Asian country with strong renewable energy ambitions and potential. Furthermore Sindicatum is an experienced developer with proven track record in developing and constructing similar assets.
Capas Investment Pte. Limited is a Singapore based Holding company established together with Sindicatum Renewable Energy Company Pte. Ltd Singapore (Sindicatum).
No contact information provided at time of disclosure.
ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/