Renewable Energy Asia Funds (REAF and REAF II) managed by associate company Berkeley Energy Ltd and invested in Asian projects focussed on renewable energy technologies covering hydro, wind, geothermal, landfill gas and biomas.
REAF invested into small hydro, wind, geothermal, landfill gas and biomass projects in Asian developing markets, with a primary focus on India and the Philippines. It held its first close in December 2009 and its final close in April 2011. It is fully invested. Its fund size is $100m
REAF II invests in small hydro, wind, solar, and biomass projects in Asian developing markets, with a primary focus to date in India, the Philippines, and Indonesia. REAF II held its first close in March 2016 and final close in November 2017. Its fund size is $200m with 8 investments in 3 countries.
Gorontalo Solar Power Plant is a 10.8 MW (AC) Solar PV power plant, with single-axis trackers and 45,480 solar panels, located in the Gorontalo community, known as Molowahu, Gorontalo Province. The project is part of the first wave of utility-scale solar projects in Indonesia, and it was commissioned in January 2020. Early-stage development for plant expansion was started in Q1-2020.
REAF invested into small hydro, wind, geothermal, landfill gas and biomass projects in Asian developing markets, with a primary focus on India and the Philippines. It held its first close in December 2009 and its final close in April 2011. It is fully invested. Its fund size is $100m
REAF II invests in small hydro, wind, solar, and biomass projects in Asian developing markets, with a primary focus to date in India, the Philippines, and Indonesia. REAF II held its first close in March 2016 and final close in November 2017. Its fund size is $200m with 8 investments in 3 countries.
Gorontalo Solar Power Plant is a 10.8 MW (AC) Solar PV power plant, with single-axis trackers and 45,480 solar panels, located in the Gorontalo community, known as Molowahu, Gorontalo Province. The project is part of the first wave of utility-scale solar projects in Indonesia, and it was commissioned in January 2020. Early-stage development for plant expansion was started in Q1-2020.
Location: United Kingdom, England, London
Employees: 51-200
Founded date: 2007
Investors 3
| Date | Name | Website |
| - | Earth Capi... | earthcapit... |
| - | Sarona | saronafund... |
| - | Belgian In... | bio-invest... |
Mentions in press and media 13
| Date | Title | Description |
| 03.11.2025 | BECIS announces US$45 million in new equity financing from shareholders to drive next phase of scalable growth | SINGAPORE, Nov. 3, 2025 /PRNewswire/ -- BE C&I Solutions Holding Pte. Ltd. ("BECIS") is pleased to announce US$45 million in new equity financing from existing shareholders, namely KLP Norfund Investments, Pula Investments (re... |
| 22.11.2022 | INVL Renewable Energy Fund I raised an additional EUR 18.3 million from investors | - |
| 21.06.2021 | BERKELEY ENERGIA LIMITED Berkeley Energia : Africa Renewable Energy Fund II secures EUR130 million first close with SEFA and CTF investments | The Africa Renewable Energy Fund II has achieved its first close at EUR130 million, following a joint investment of EUR17.5 million from The Sustainable Energy Fund for Africa and the Climate Technology Fund through the African Development ... |
| 18.06.2021 | Africa Renewable Energy Fund II Secures €125 Million First Close with SEFA and CTF Investments | Other investors include the U.K’s CDC Group, Italy’s CDP, the Netherlands Development Finance Company (FMO) and SwedFund Related Posts eMed Names Accomplished Private Equity Investor Michael Cole As Chief Financial Officer Feb 17, 2022 Head... |
| 16.06.2021 | Berkeley Energy raises €130 million for second African Energy Fund | Renewables developer Berkeley Energy has raised €130 million (US$157.5 million) in the first close of the Africa Renewable Energy Fund II (AREF II). |
| 16.06.2021 | Berkeley Energy’s Africa Renewable Energy Fund II secures €130m as DFIs pour capital into vehicle | Green energy investment house Berkeley Energy has hit a €130m for its Africa Renewable Energy Fund II, putting it almo |
| 20.01.2020 | CDC Group invests US$20m in Metier Sustainable Capital II Fund to support renewable energy adoption in sub-Saharan Africa | CDC Group, the UK’s development finance institution and impact investor, has made a US$20m commitment to the Metier Sustainable Capital II fund. |
| 20.01.2020 | CDC Group invests US$20m in Metier Sustainable Capital II Fund to support renewable energy adoption in sub-Saharan Africa | CDC Group, the UK’s development finance institution and impact investor, has made a US$20m commitment to the Metier Sustainable Capital II fund. |
| 23.12.2015 | Berkeley Energy raising new $250m Asia-focussed fund, IFC commits $25m | Premium Berkeley Energy is raising a new $250-million fund, its second, for investment in renewable energy projects in south and southeast Asia. Continue reading this story with a subscription to DealStreetAsia. Subscribe Already a subscrib... |
| 21.09.2015 | Berkeley Energy closes its $200 million renewable energy support fund for Africa | Berkeley Energy, the Africa and Asia-focused energy funds manager has closed its African Renewable Energy Fund (AREF) after meeting its $200 million funding goal. The fund is drawn to support small to medium businesses that are executing re... |
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