Berkeley Energy

Company description

Berkeley Energy is an investment manager founded in 2007 to invest private equity into renewable energy infrastructure in developing markets. The firm has deep renewable energy and power engineering, construction and investment experience in developing markets, where it is a focused investor, developer and deliverer of renewable power assets. Berkeley works with its partner companies to provide engineering, management and financial support, whilst offering the ability to act as a bankable sponsor for renewable power projects.

Berkeley Energy manages:

- The Renewable Energy Asia Fund (REAF), which invests into small hydro, wind, geothermal, solar, landfill gas and biomass projects in Asian developing markets, with a primary focus to date in India and the Philippines.

- The Africa Renewable Energy Fund (AREF), which invests into small hydro, wind, geothermal, solar, stranded gas and biomass projects across Sub-Saharan Africa, excluding South Africa.

Company details

City:
Nairobi
Address:
Springette Office Park Block F2 Lower Kabete Road Spring Valley Nairobi, Kenya

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • June 22, 2021

    Berkeley Energy secured EUR130mn first close for AREF II

    Renewables developer Berkeley Energy has completed a EUR130 million (US$155.92 million) first close for its African Renewable Energy Fund II (AREF II).  AREF II, with a final target fund size of...

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  • May 25, 2020

    World’s largest green hydrogen plant to be launched in USA

    SGH2 energy is launching the world’s largest green renewable hydrogen facility in partnership with the City of Lancaster, California. The Lancaster plant will feature SGH2’s pioneering tec...

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  • May 13, 2020

    Siemens Gamesa starts construction of wind-plus-storage project in Puerto Galera

    Siemens Gamesa Renewable Energy SA is fast advancing on an innovative hybrid energy project in Puerto Galera on the island of Mindoro in the Philippines that will provide a stable electricity sup...

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  • April 08, 2020

    150 MW Corbetti geothermal plant in Oromia region secures government PPA

    Corbetti Geothermal and its sponsors – InfraCo Africa (a PIDG company), Berkeley Energy who manage the Africa Renewable Energy Fund, Iceland Drilling and Reykjavik Geothermal – have signed...

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  • September 10, 2019

    Kikagati Power Company reaches financial close for 16 MW hydropower project

    Kikagati Power Company has achieved financial close for the US$87 million hydropower project located the Kagera River between Uganda and Tanzania.  Emerging Africa Infrastructure Fund (EAIF...

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  • December 22, 2017

    PPAs signed for US$4 billion geothermal projects in Ethiopia

    Ethiopian Electric Power (EEP) has signed power purchase agreements (PPAs) with Corbetti Geothermal Power regarding two 500 MW geothermal projects in the Main Ethiopian Rift Valley ...

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  • November 15, 2016

    SIFEM invests US$10m in the Renewable Energy Asia Fund II

    The Swiss Investment Fund for Emerging Markets (SIFEM), the development finance institution of the Swiss Confederation, has announced it has invested US$10 million in the Renewable Energy Asia Fund II...

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  • April 18, 2016

    Berkeley Energy reaches first close for its second Asian renewable energy fund

    Berkeley Energy successfully reached a first close of its Renewable Energy Asia Fund II with US$112m of committed capital for its 10 year closed end fund.

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