JCM Power is uniquely positioned to lead the world's renewable energy transformation. We are energy experts – members of our team have built and operated gigawatts of renewable energy projects around the globe. We work in close collaboration with leading global Development Finance Institutions (DFIs) and multilateral agencies to manage the risk and complexity of financing and owning infrastructure projects, all the while ensuring an unwavering dedication to the highest ethical, social and environmental standards. Our experience and agility in deployment allow us to help shape the future of renewable energy in growth markets.
FMO (the Netherlands Development Finance Company) is the Dutch development bank. Founded in 1970, FMO supports sustainable private sector growth in developing and emerging markets by investing in ambitious entrepreneurs. FMO believes a strong private sector leads to economic and social development, empowering people to employ their skills and improve their quality of life. FMO focuses on three sectors that have high development impact: financial institutions, energy, and agribusiness, food & water. Alongside partners, FMO also invests in the Infrastructure, Manufacturing and Services sectors. FMO is a co-development partner in JCM's Cameroon project and the MLA in JCM's Nigerian project.
The African Development Bank (AfDB) is the multilateral development finance institution established to contribute to the economic development and social progress of African countries. AfDB is a financial provider to African governments and private companies investing in regional member countries. AfDB has provided a grant through the Sustainable Energy Fund for Africa (SEFA) for JCM’s Cameroon project and has also expressed interest in being a lender in the project.
The European Union Africa Infrastructure Trust Fund (EU-AITF) was created by the European Commission and European Union Member States as the first "blending instrument" with the objective of promoting infrastructure projects in Sub-Saharan Africa with a regional impact. The grant support falls under the Sustainable Energy for All (SE4ALL) envelope, which supports regional, national, and local energy projects with the following objectives: ensuring universal access to modern energy services, doubling the global rate of improvement in energy efficiency, and doubling the share of renewable energy in the global energy mix. JCM has received a grant for the construction of the transmission line and substation for its Nigerian project.
GuarantCo was established to help address and overcome existing constraints in the supply of local financing to infrastructure projects and to help the development of local financial markets. GuarantCo is part of the Private Infrastructure Development Group and sponsored by five G12 governments. JCM is working with GuarantCo in its Nigerian project.
InfraCo Africa seeks to alleviate poverty by mobilizing investment into sub-Saharan infrastructure projects. InfraCo does this by funding teams of experienced project developers or by investing directly into projects which need the financial commitment and leverage that InfraCo can bring. InfraCo is co-developing the Salima, Malawi project with JCM.
Power Africa is a five-year American presidential initiative launched by President Barack Obama in Tanzania during his Africa Tour in July 2013. The initiative aims at supporting economic growth and development by increasing access to reliable, affordable, and sustainable power in Africa. Power Africa will bring to bear a wide range of U.S. government tools to support investment in Africa’s energy sector. From policy and regulatory best practices, to pre-feasibility support and capacity building, to long-term financing, insurance, guarantees, credit enhancements and technical assistance Power Africa will provide coordinated support to help African partners expand their generation capacity and access. JCM is a Power Africa private partner and has been working with Power Africa in Nigeria and Malawi.
The Private Infrastructure Development Group (PIDG) was established in 2002 as a donor-financed group that mobilises private sector investment to assist developing countries in providing infrastructure vital to boosting their economic growth, and combating poverty. JCM works closely with almost all PIDG entities, including: InfraCo Africa, the Technical Assistance Facility (TAF) and GuarantCo.
The Seed Capital Assistance Facility (SCAF) is an initiative implemented through the United Nations Environment Programme (UNEP) in co-operation with the Frankfurt School of Finance. SCAF's vision is to increase the availability of investment for early stage development of low-carbon projects in developing countries, contributing to low-carbon sustainable development, economic growth, poverty reduction and climate change mitigation. JCM has secured a grant from the facility for capacity development and training as well as direct investment into project development in Africa.