At a glance
The Access to Energy Fund (AEF) was set up to actively support the creation of access to sustainable energy in developing countries by providing risk bearing funding; equity, subordinated loans, local currency loans and to a limited extent
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Letter from the MB of the Fund Manager
Dear reader,
Read more ›Letter from the MB of the Fund Manager
Highlights
The previous year of 2020 has certainly been a year of challenges, uncertainty, and partnerships. In 2020 FMO received a €40  million grant commitment to top-up the Access to Energy Fund (AEF), to be paid out over the period 2020-2024.
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Production
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Exits and Sales
Access to Energy Fund had two exits in 2020, despite the COVID-19 crisis, we are proud that two customers have graduated to FMO-A funding.
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International principles
Read more ›International principles
List of abbreviations
Read more ›List of abbreviations
Statement of financial position
At December 31, 2020
Read more ›Statement of financial position
Statement of changes in fund capital
At December 31, 2020
Read more ›Statement of changes in fund capital
Statement of comprehensive income
At December 31, 2020
Read more ›Statement of comprehensive income