This investment was made when British International Investment was named CDC Group.
Mongolia Wind is a 50 megawatt greenfield projected located 70km southeast of Ulaanbaatar and is the country’s first wind park and the second renewable energy project in a country which is 96% dependent on fossil fuels.
Key facts
- Status:
- Active
- Region
Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.
- Rest of the World
- Countries:
- Mongolia
- Sector
We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.
- Infrastructure
- Investment type
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Intermediated investment
- Fund:
- Interact Climate Change Facility
- Fund Manager:
- European Financing Partners
- Start date
For direct investments, this is the date British International Investment committed capital to the business or project.
For funds, this is the date that British International Investment committed capital to the fund.
For underlying fund investments, this is the date that the fund invested capital into the business.e
- April 2012
- Domicile
This is the investee company’s place of incorporation; or a fund’s jurisdiction.
- Mongolia