INVESTMENT GUIDELINES
E+Co will consider providing energy enterprises with support if the following conditions are met:

New Money for New Energy
E+Co's objective is to influence the transfer of capital from fossil fuel based energy production to renewable energy and energy efficiency enterprises. This is done by demonstrating the commercial viability of the enterprise and then building a pipeline of projects for future investments by others. Will the project/energy enterprise utilize renewable energy or energy efficiency technologies in a commercial fashion and attract new sources of investment?

Social and Environmental Elements
Does the energy enterprise or project improve the quality of life through the provision of energy services? For example, will it target under-served communities to create employment opportunities? Will the project improve or protect the local, national and global environment? Will it displace harmful energy sources such as diesel, kerosene, candles or firewood?

Technology
Does the energy enterprise utilize an appropriate technology when compared on the basis of cost, affordability and environmental impact?

Businesslike
Does the energy enterprise/project have the technical and managerial experience required to ensure that the venture is profitable and sustainable? Has the project/energy enterprise secured collaboration with applicable third parties such as equipment suppliers, engineers, site owners, etc.? Does a second stage of the project or potential for replicability exist?

Reasonable Risk
Has the project/energy enterprise considered the market in which it will operate? Has a clear assessment been completed on the national risks inflation, devaluation, taxation, and political uncertainity, as well as at the project level competition, energy purchase/sale agreements, environmental and land regulations and permitting. Are the risks reasonable and consistent with the charitable purpose of E+Co?

"But For"
Is the intervention by an entity such as E+Co necessary to advance the enterprise? But for the participation of E+Co, would the project succeed?

Policy Framework
Does the energy enterprise/project influence policy makers and decision makers to support renewable energy and energy efficiency initiatives?

Human Capability
Does the energy enterprise/project improve national or local capacity to promote renewable energy and energy efficiency initiatives?


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