During the Making Solar Bankable conference of 18-19 February 2016 in Amsterdam, Climate Investor One witnessed the signing of its first term sheet – a significant operational milestone in what has already been an exciting start to 2016 for Climate Fund Managers, the fund manager of Climate Investor One. The project, which is due to begin construction in the first quarter of 2017, will be developed in two stages. Stage 1 will see the construction of a 15MW Solar PV + 2 MW PSH facility, which will then be expanded to 45 MW PV + 6 MW PSH approximately 24 months after Stage 1 COD.

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