Multicountry: A.P. Moller Capital Emerging Market Infrastructure Fund II (AIIB-000721)

Regions
  • Africa
  • South Asia
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Infrastructure Investment Bank (AIIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
FI
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
A.P. Moller Capital
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Finance
  • Infrastructure
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ AIIB website

Updated in EWS Sep 28, 2023


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the objective of this project is to contribute to the expansion of renewable energy supply and domestic and regional connectivity with carbon-neutral commitment in Africa, South and Southeast Asia.

A.P. Moller Capital ("APMC") has launched a second fund, the A.P. Moller Capital - Emerging Markets Infrastructure Fund II ("EMIF II), targeting USD 1.0 billion investment in transport and renewable energy sectors. APMC will continue the strategy of its first fund, the Africa Infrastructure Fund I ("AIF I"), by leveraging (i) its sector expertise within transport and energy infrastructure, and (ii) its strong regional and global relationships.

EMIF II targets a 50 percent capital allocation in Africa with the remaining 50 percent in South and Southeast Asia. The Project will be one of AIIB's first equity investments targeting Africa and port terminals, thereby bringing geographical and sector diversification benefits to AIIB's investment portfolio.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Investment type not available at the time of the snapshot.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - A.P. Moller Capital Parent Company -

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

PROJECT TEAM LEADER

Asian Infrastructure Investment Bank

Kishlaya Misra

Senior Investment Officer

kishlaya.misra@aiib.org

 

Eric He

Investment Associate

eric.he@aiib.org

 

IMPLEMENTING ENTITY

A.P. Moller Capital

Peter Nielsen

Head of Investor Relations

peter.nielsen@apmollercapital.com

 

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.aiib.org/en/contact/information-request/index.html

ACCOUNTABILITY MECHANISM OF AIIB

The AIIB has established the Accountability Mechanism for Project-Affected People (PPM). The PPM provides Òan opportunity for an independent and impartial review of submissions from Project-affected people who believe they have been or are likely to be adversely affected by AIIBÕs failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.Ó Two or more project-affected people can file a complaint. Under the current AIIB policy, when the bank co-finances a project with another development bank, it may apply the other bank's standards. You can refer to the Project Summary Information document to find out which standards apply. You can learn more about the PPM and how to file a complaint at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/how-we-assist-you/index.html

The complaint submission form can be accessed in Arabic, Bahasa Indonesia, Bengali, Chinese, English, Tagalog, Hindi, Nepali, Russian, Turkish, or Urdu. The submission form can be found at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/submission/index.html

How it works

How it works