FMO will provide funding for the TA facility focusing on i) Core Business TA and ii) Impact/ESG strengthening for the investees of the Energy Entrepreneurs Growth Fund (EEGF).
Combined with its equity investment in EEGF, FMO aims to prepare companies in the solar sector to successfully scale their business model and achieve ESG related goals. This is in line with FMO's aim to support climate action and access to clean energy, support Bottom of the Pyramid customers and SMEs.
FMO's customer is Stichting Triple Jump Advisory Services, Triple Jump B.V.'s foundation. Triple Jump B.V. is a Dutch partner and fund manager of the Energy Entrepreneurs Growth Fund.
From the company's website: Triple Jump is an impact-focused investment manager founded in 2006. The funds, portfolios and mandates we manage or advise create impact in emerging economies while generating healthy returns.
No project contacts available at the time of disclosure.
Financial Intermediary - Triple Jump B.V.:
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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/independent-complaints-mechanism