Launched in February 2000, the Renewable Energy and Energy Efficiency Fund for Emerging Markets, Ltd. (REEF) is the first global fund organized to tap the sizable opportunities to invest in emerging markets renewable energy and efficiency. REEF actively seeks to make minority equity and quasi-equity investments in profitable, commercially viable private companies and projects in sectors that include: on or off-grid electricity generation primarily fueled by renewable energy sources; energy efficiency and conservation; and renewable energy/efficiency product manufacturing and financing.

INVESTMENT CRITERIA
Sectors: * Low-impact Hydro  Wind * Solar/PV  Biomass * Geothermal  Energy * Wind * Biomass * Energy Conservation and Efficiency

Geographic Focus:
Emerging market countries worldwide eligible for IFC financing, including markets in Africa, Mexico and Latin America, the Caribbean, Asia, and Central and Eastern Europe.

Investment size:
The REEF will consider investment in projects with total capitalization requirements of between $1,000,000 and $100,000,000.

Instruments:
REEFs investments may take a variety of forms including common and preferred stock, partnership and limited liability company interests, and convertible or subordinated debt with equity warrants/options. REEF may also make loans to projects or project sponsors on a bridge or permanent basis. Equity transactions are typically structured so that the developer retains significant ownership in and/or management of the project company.

To be considered for an investment, submit a brief introductory letter describing your firm, the investment proposal and the anticipated financial plan to the REEF management team. For projects of interest, business plans and other materials will be requested at a later stage.

Projects over 7MW

EIF Group
Attn: K.R. Locklin
2000 L St., NW, Ste 200
Washington, DC 20036
Tel: (202) 783-4419
Fax: (202) 371-5116
klocklin@eifgroup.com

Commercial projects < 7MW

Environmental Enterprises Assistance Fund
Attn: Brooks Browne
1655 N. Fort Myer Drive, Suite 520
Arlington, VA 22209, USA
Tel: (703) 522-5928
Fax: (703) 522-6450
brooks@eeaf.org

Off-grid projects & Development projects < 7MW

Energy House Capital Corp.
Attn: Phil LaRocco
383 Franklin Street
Bloomfield, NJ 07003
Tel: (973) 680-9100
Fax: (973) 680-8066
phil@energyhouse.com