Sustainable Energy

The Future of investing is in protecting
our future.

Deetken Impact Sustainable Energy is the result of a strategic partnership with Deetken Impact and the Sustainable Energy Central America team. With over 20 years of extensive experience investing in renewable energy, we have developed in-depth knowledge of the sector and valuable networks in the region. 

Our Sustainable Energy funds are accelerating the transition to a green and sustainable energy future while strengthening climate resilience, economic growth, and inclusion in communities across Latin America and the Caribbean.

Why We Invest

Funds

Where We Work

Our Impact

Spotlight Stories

Paradise Park Solar Project in Jamaica - renewable energy

Investing in Sustainability

Latin America and the Caribbean is a region rich in natural resources and biological diversity. Despite contributing less than 10% of global greenhouse gas emissions, the region’s vulnerability to the effects of climate change requires urgent action. Despite tremendous potential for renewable energy generation at a reasonable cost, the energy markets continue to rely on imported fossil fuels, experience high price volatility, and leave many communities with underserved energy needs. 

We envision a future in which sustainable and climate-resilient communities throughout Latin America and the Caribbean have access to reliable, clean energy. As such, we invest in the region’s sustainable energy infrastructure through the strategic provision of capital and technical assistance to small and medium sized enterprises with unmet financing needs.

Deetken Impact invests in environmentally sustainable energy projects in South America
Paradise Park Solar Project in Jamaica - renewable energy

Key Drivers of our investment strategy in the region

 

  • Offer flexible mezzanine instruments tailored to the needs of small and medium sized renewable energy, energy efficiency and energy storage projects

  • Partner with experienced and emerging developers to improve access to clean and reliable energy sources, advance gender equality and build climate resilience in the region

  • Support the transition to sustainable energy infrastructure in Latin America and the Caribbean to position the region as a global leader

  • Promote the replicability and the ability to scale of the companies we support

 

Three Funds. One Goal.

 

H-REFF (Honduras Renewable Energy Financing Facility) & CABEF (Caribbean Basin Sustainable Energy Fund) are two funds that co-invest as a single fund in renewable energy + energy efficiency projects and companies that deliver solid financial returns and positive environmental and social impacts that contribute to the Sustainable Development Goals (SDGs).

Deetken Impact Sustainable Energy Fund III will scale our impact investment strategy and accelerate Latin America and the Caribbean to global leadership in sustainable energy infrastructure. This regional, blended finance fund builds on our multi-decade track record pioneering sustainable energy transactions while advancing gender equality in the sector and communities of influence.

Our goal is simple: invest for climate action and generate strong returns.

 Sustainable Impact in action

Take a look at how we’re driving climate action through direct investment in sustainable energy infrastructure and the additional positive impacts we’re generating.

The IA50 recognizes a diverse group of impact investment fund managers who demonstrate a commitment to generating positive social, environmental and financial impact.

Where we workwhat we do

Biogas

Biomass

Energy Efficiency

Solar

Hybrid

Hydroelectric

Wind

Biogas

Biomass

Energy Efficiency

Solar

Hybrid

Hydroelectric

Wind

2023 Current Portfolio Map

Some of our renewable energy projects

  • Solar PV
  • Distributed Generation Solar PV
  • Run-of-River Hydro
  • Solar PV EPC
  • Energy Efficiency
  • Biomass

Our Impact 

Impact is core to DISE’s investing approach. Our rigorous impact management process ensures that impact – including social, environmental, and gender aspects – is considered at every step of the investment process, in alignment the following United Nations’ Sustainable Development Goals:

45% of the companies have women on their Board of Directors, and 26% of employees identify as women

428 cumulative GHW clean energy generated

294 jobs created, 47% of those in local communities

316,000 cumulative tons of C02 displaced

Deetken Impact Sustainable Energy has been a signatory to the Operating Principles for Impact Management (OPIM) since 2020.  The Impact Principles provide a framework for impact investors to ensure impact considerations are integrated into the entire investment lifecycle, and by requiring an independent verification, they help promote transparency in the industry.  Our annual Disclosure Statement describes the alignment of our impact management practices to the OPIM. 

wE MOVE sUSTAINABILITY FORWARD

Strategic partnerships

We have decades of experience and a deep network in the sector. We go beyond funding for project construction and implementation; we also assist with financial structuring by bringing other co-investors, or advising the project sponsors on the negotiation of terms with senior lenders. We also aim to play a constructive role in the corporate governance of the companies we work with.

Strong Returns

We pursue strong financial returns while we manage the risk profile of our investments, diversifying our portfolio according to type of energy, project, country and using a variety of investment instruments.

Gender smart

We invest at the nexus of gender equality and climate change as a vehicle for transforming the sector, society, and the planet. As a leader in gender lens investing, we are uniquely positioned to address gender disparities in the clean energy sector and empower women across the region, while strengthening climate resilience.

Community Impact

Our investments promote community development through initiatives that contribute to job creation, technical education, entrepreneurship, and environmental preservation. We closely manage and eliminate social and environmental risks to ensure every investment has a positive impact in the surrounding communities.

Countries Impacted

Investments

Committed Capital

Spotlight On Sustainable Impact

Pansolar

Panasolar is a new 12MWp grid-connected plant located in Coclé, Panama currently under construction. The project will operate as an Independent Power Producer selling electricity to several large commercial and industrial clients through private power purchase agreements.

Impact

This is the first phase of a total development of 30MW+ of clean solar power that will be built over the course of the next three years contributing to the diversification of the country’s generation matrix and bringing progress to the local community of Aguadulce.

In addition to generating 100 direct jobs, mostly for local villagers, the project is supporting important social projects such as infrastructure improvements of the local public school and a potable water tank for the Aguadulce community.

  • $2,500,000 Investment
  • $13,000,000 3rd party capital
  • 100 Temporary jobs
  • 6 Permanent jobs
  • 20 GWh of clean energy/year
  • 4,300 tons CO2 displaced per year

KW Financial

KW Financial is a provider of innovative energy solutions throughout the Caribbean region. The company develops, builds, and finances customized solar photovoltaic plants for its clients and provides affordable and reliable power through Energy-as-a-Service agreements.

Impact

The company’s solutions help its customers reduce their energy expenses and thus increase their competitiveness in the global market. KW Financial is currently completing the first two installations in the Dominican Republic which have a combined capacity of 3.2 MW. It aims to develop a further 12.5MW of solar PV capacity in the next two years which, once fully constructed, will avoid 18,000 tons of CO2 emissions per year.

  • US$5,000,000 invested by CABEF and H-REFF, the two clean energy funds managed by Deetken Impact Sustainable Energy
  • US$10,800,000 in third party financing
  • 25.8GWh of clean energy produced per year
  • Avoidance of 18,000 tons of CO2 emissions per year
  • Over 30 direct jobs created and helps to maintain over 750 jobs through its clients

Honduras Biomass Energy

Honduras Biomass Energy is an independent power producer based in Honduras that generates electricity from biomass waste products sourced from the local plywood and wood industry.

Impact

Their “Los Pinos 1” biomass plant has a capacity of 3.0 MW and generates 4.4 GWh/yr preventing the emission of over 9,000 tons of CO2 per year. The power plant supplies both electricity and industrial heating to the adjacent plywood factory which in turns supplies waste biomass creating a circular economy for the region.

  • $1,900,000 investment by H-REFF and CABEF funds
  • $6,272,000 in third party financing
  • 4.4 GWh of clean electricity generated per year
  • Over 108,000 tons of CO2 diverted during investment period
  • HB Energy will generate over 30 direct jobs and  over 90 indirect jobs in the region
  • Supports the employment of over 93 women in the adjacent plywood factory

Pansolar

Panasolar is a new 12MWp grid-connected plant located in Coclé, Panama currently under construction. The project will operate as an Independent Power Producer selling electricity to several large commercial and industrial clients through private power purchase agreements.

Impact

This is the first phase of a total development of 30MW+ of clean solar power that will be built over the course of the next three years contributing to the diversification of the country’s generation matrix and bringing progress to the local community of Aguadulce.

In addition to generating 100 direct jobs, mostly for local villagers, the project is supporting important social projects such as infrastructure improvements of the local public school and a potable water tank for the Aguadulce community.

  • $2,500,000 Investment
  • $13,000,000 3rd party capital
  • 100 Temporary jobs
  • 6 Permanent jobs
  • 20 GWh of clean energy/year
  • 4,300 tons CO2 displaced per year

KW Financial

KW Financial is a provider of innovative energy solutions throughout the Caribbean region. The company develops, builds, and finances customized solar photovoltaic plants for its clients and provides affordable and reliable power through Energy-as-a-Service agreements.

Impact

The company’s solutions help its customers reduce their energy expenses and thus increase their competitiveness in the global market. KW Financial is currently completing the first two installations in the Dominican Republic which have a combined capacity of 3.2 MW. It aims to develop a further 12.5MW of solar PV capacity in the next two years which, once fully constructed, will avoid 18,000 tons of CO2 emissions per year.

  • US$5,000,000 invested by CABEF and H-REFF, the two clean energy funds managed by Deetken Impact Sustainable Energy
  • US$10,800,000 in third party financing
  • 25.8GWh of clean energy produced per year
  • Avoidance of 18,000 tons of CO2 emissions per year
  • Over 30 direct jobs created and helps to maintain over 750 jobs through its clients

Honduras Biomass Energy

Honduras Biomass Energy is an independent power producer based in Honduras that generates electricity from biomass waste products sourced from the local plywood and wood industry.

Impact

Their “Los Pinos 1” biomass plant has a capacity of 3.0 MW and generates 4.4 GWh/yr preventing the emission of over 9,000 tons of CO2 per year. The power plant supplies both electricity and industrial heating to the adjacent plywood factory which in turns supplies waste biomass creating a circular economy for the region.

  • $1,900,000 investment by H-REFF and CABEF funds
  • $6,272,000 in third party financing
  • 4.4 GWh of clean electricity generated per year
  • Over 108,000 tons of CO2 diverted during investment period
  • HB Energy will generate over 30 direct jobs and  over 90 indirect jobs in the region
  • Supports the employment of over 93 women in the adjacent plywood factory

what our investors are saying

Javier Prats
President & CEO
Pedra Clau

“Sustainable energy projects that drive development and help mitigate the effects of climate change attract us because they tackle the main challenges of our generation.   Deetken’s team leverage their thorough analysis, experience and local know how discovering opportunities with an appropriate risk profile.  Knowing the projects that our investment supports gives us a clear understanding that positive returns generate development with long term environmental and social impact. “

Najada Kumbuli
Director of Investments
Calvert Impact Capital

“Our renewable energy sector strategy focuses on financing financial intermediaries that create a capital continuum for enterprises and projects at different stages of growth. We were excited to invest in Honduras Renewable Energy Financing Facility (H-REFF) because it addresses a major market gap in Central America – mezzanine financing for small scale projects. We have been impressed by the Deetken Impact team’s ability to build a robust pipeline of projects and their focus on amplifying the impacts (reduction of greenhouse gases, job creation, gender equality) associated with adopting clean technologies. More importantly, we believe that H-REFF will greatly contribute to the much-needed improvement of energy security in Central America.”

Together we can reverse climate change

Search and rescue operations in Abaco Island and Marsh Harbour Bahamas on Sept. 5, 2019

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