Getting Blue Pacific Renewable Energy Projects Financed

GETTING BLUE PACIFIC RENEWABLE ENERGY PROJECTS FINANCED

15 July 2021 -Pacific Trade Invest New Zealand (PTI NZ) will partner with internationally renowned climate and impact fund manager Camco Clean Energy (Camco) to deliver an informational webinar next week.

The webinar, to be held on 21 July, will target audiences who have an interest in the region’s Renewable Energy sector, agencies with interest in private sector financing, investors, Investment Authorities, and others. 

Trade Commissioner Glynis Miller says PTI NZ, an agency of the Pacific Islands Forum Secretariat, is acutely aware of the urgent need for clean energy in the Blue Pacific.  

“Supporting the efforts of Pacific Island Countries by providing the tools to highlight resources available for investment in renewable energy projects is what we do.  Camco has an immense wealth of knowledge and experience in such a specialised field. Hearing directly from them about how your business or country can find opportunities for renewable energy projects as well as obtaining funding will be highly valuable.” 

Camco is leading the clean energy transition in emerging markets across Asia and Africa. 

“Countries in the Blue Pacific have an abundance of untapped energy sources in the wind, sunshine, tidal and other renewable energy resources. Renewables have the potential to tap into this and transform the energy landscape, reducing the dependence on the expensive and polluting diesel that has to be imported,” said Camco’s Managing Director, Geoff Sinclair. 

“Governments and businesses in Pacific Island Countries are making real efforts in transitioning to renewable energy solutions. As these become increasingly competitive on price, it is crucial for decision makers to have all the information about what solutions are available, what could be suitable for them, what opportunities exist to finance projects and how to take advantage of them.” 

The webinar will be held on Wednesday 21 July – from 1.00 to 3.00pm NZST. Topics will include: 

  • well-priced, well-performing renewable energy options countries may wish to consider 
  • the advantages and disadvantages of direct use technologies versus grid connectivity 
  • the advantages and disadvantages of independent power producers (IPPs) versus public renewable energy development and funding 
  • private capital and the advantages it can bring versus only using donor funding. 

For more information and to register visit: www.pacifictradeinvest.co.nz/investment-webinars 

For media enquiries please contact: 

 

Anne-Marie Petersen  
Marketing & Communications Specialist 
amp@pacifictradeinvest.co.nz  
022 389 9018

ABOUT PACIFIC TRADE INVEST NZ 

  • Part of the Pacific Trade Invest Network of offices operating in Sydney, Australia; Beijing, People’s Republic of China; Geneva, Switzerland and Auckland, New Zealand  
  • An agency of Pacific Islands Forum Secretariat (PIFS) and is funded by New Zealand’s Ministry of Foreign Affairs and Trade (MFAT) 
  • Supports the 16 Blue Pacific Forum countries: the Cook Islands, the Federated States of Micronesia, Fiji, French Polynesia, Kiribati, Republic of the Marshall Islands, Nauru, New Caledonia, Niue, Palau, Papua New Guinea, Samoa, the Solomon Islands, Tonga, Tuvalu, and Vanuatu.  

ABOUT CAMCO CLEAN ENERGY 

  • Camco Clean Energy is a specialist fund manager focused on renewable energy, climate finance and impact in emerging markets. It offers elegant and practical financing solutions to lead the clean energy transition, pairing the conscience of a development bank with the agility of a small private company 
  • The company was formed in 1989 and has a proven track record in sustainable finance and hands-on experience in emerging markets that enables global access and local presence. 

Funds under management include the USD 200m Renewable Energy Performance Platform (REPP) and the newly formed Spark C&I finance platform 

  • Camco became a Green Climate Fund Accredited Entity in January 2021. 
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