The CleanPower Infrastructure Fund VI has already secured commitments of $15m, andToronto-based JCM expects development finance institutions to contributesubstantial additional amounts.
The fundwill build green-field PV projects in South America, Central America andsub-Saharan Africa, focusing on countries with “suitable regulatory frameworksand electricity demand”.
JCM aims tobecome a “leading player” in PV development in some African markets, where PVis expected to be the fastest-growing source of electricity generation in theyears ahead.
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