Green FIDC


This partnership will increase green investment in Brazil through the Green FIDC – a structured finance instrument that reduces the cost of capital and facilitates long-term financing for renewable energy and energy efficiency projects. The partnership has an indicative pipeline of US$1bn in projects and is seeking funding support to develop this pipeline and disseminate lessons to promote replication. A pilot for Órigo Energia (a leading Brazilian solar company backed by TPG ART) is already underway, designed to finance up to 20,000 residential solar rooftops. When in place, it will reduce solar costs by 10-15 percent below retail electricity prices. The partnership is currently fundraising with facilitation support by P4G. More information about this partnership is available here.