JCM Capital launched the Clean Power Infrastructure Fundto provide construction and long-term equity financing for solar PV projects in emerging markets.
The group will target up to $150 million in countries in Latin and South America as well as sub-Saharan Africa making it one of the largest infrastructure vehicles dedicated to clean power in emerging markets. The fund benefits from proprietary access to high quality project investment opportunities from JCM’s Clean Power Development Fund V that includes utility-sized solar projects in Mexico, Ecuador, Cameroon and Malawi.
JCM plays an important role in the development of solar generation in emerging markets. Many global infrastructure firms avoid green-field project development in emerging markets. The organization works with local teams in Africa and Latin America at the earliest stages of project development, leveraging its extensive financial, operational, development, legal, and regulatory experience in order to take projects to completion. Over the past five years, JCM has developed and financed more than 70 solar projects in North and South America and Africa.
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