📋 Tender Overview
Project Number: 49613
Company Name: LeapFrog Climate LP
Date SPI Disclosed: Aug 26, 2024
Country: South Asia Region
Region: South Asia
Projected Board Date: Sep 30, 2024
Environmental Category: FI-2
Status: Pending Approval
Department: Disruptive Tech, Service & Funds
Industry: Funds
Sector: Growth Equity Fund
Project Description
The proposed investment is for up to US$30 million (capped at 20% of total commitments), along with a co-investment envelope of US$15 million in LeapFrog Climate Fund, LP. (the Fund or LeapFrog Climate I), a US$600 million (target) private equity (PE) fund focusing on growth-stage, climate-themed investments in South Asia, Africa, and Southeast Asia (SE Asia).
Total project cost and amount and nature of IFC's Investment: The Fund’s target size is US$600 million. IFC’s proposed investment in the Fund is up to US$30 million, not to exceed 20% of total commitments; along with a co-investment envelope of US$15 million.
Financing Sources:
2) World Bank (WB)
1818 H Street, NW Washington, DC 20433 USA
Tel : (202) 473-1000
https://www.worldbank.org/
