Africa Renewable Energy Fund II
AngolaCameroonKenyaMalawiZambiaAfricaCentral AfricaEast AfricaSouthern AfricaBusiness and consumer servicesFood and agricultureInfrastructure
Africa Renewable Energy Fund II (“AREF II”) is the second Africa focused renewable energy fund being raised by Berkeley Energy Africa. Berkeley Energy, founded in 2007, is a renewable energy developer and investor with presence in Africa and Asia. Berkeley built its experience across a range of renewable technologies including wind, solar, hydro and battery storage solutions for utility scale projects, as well as a distributed generation strategy focused in Asia. Berkeley launched its Africa business in 2014 leveraging this experience in Asia. British International Investment has a long relationship with Berkeley Energy after investing in Berkeley’s first fund, the Renewable Energy Asia Fund (“REAF”) in 2011, and subsequently supporting AREF I (“Fund I”) in 2014.