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CFM was established on 30 October 2015 and is the fund manager of Climate Investor One and is a three way partnership between FMO (Netherlands Development Finance Firm) and Phoenix InfraWorks, both experienced in infrastructure investing, asset and fund management.
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Worldwide challenge developer eleQtra Restricted, Zambian hydropower professional Mr Katai Kachasa, newly-established growth facility Climate Investor One and the lengthy-standing multilateral growth institution Africa Finance Company (AFC) have signed a four-manner agreement for the development and construction of a combined 75MW hydropower facility and 20MW solar PV facility in Zambia, to be financed on an all fairness basis.
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