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, local currency/subordinated loans, guarantees and, to a limited extent,

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Letter from the MB of the Fund Manager

In 2023, the volatile global economic and geo-political circumstances were aggravated by more extreme weather conditions, food crises, the collapse of several major banks, the ongoing war in Ukraine, the war in Gaza, and Sahel coups.

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Highlights

In 2023 AEF contracted a total of EUR 47.7 million in new commitments. The financing will further help to provide access to renewable energy, to both on-grid projects and off-grid energy companies.

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Production

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Exits and Sales

No exits or sales were made in 2023.

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International principles

Our impact goes beyond our investments. To embrace our mission fully, we are committed to doing business in a responsible and sustainable way, guided by global standards and guidelines.

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List of abbreviations

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Statement of financial position

At December 31

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Statement of changes in fund capital

At December 31

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Statement of comprehensive income

At December 31

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