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Cablegate: Portugal: Opic-Supported Investment Funds

VZCZCXRO2084
RR RUEHAG RUEHAST RUEHDA RUEHDF RUEHFL RUEHIK RUEHKW RUEHLA RUEHLN
RUEHLZ RUEHPOD RUEHROV RUEHSR RUEHVK RUEHYG
DE RUEHLI #2639 2831109
ZNR UUUUU ZZH
R 091109Z OCT 08
FM AMEMBASSY LISBON
TO RUEHC/SECSTATE WASHDC 7076
INFO RUEHZL/EUROPEAN POLITICAL COLLECTIVE
RUEHPD/AMCONSUL PONTA DELGADA 0502

UNCLAS LISBON 002639

SIPDIS

DEPT PLS PASS TO OPIC WPEARCE, JHANSLEY

E.O. 12958: N/A
TAGS: EINV PO
SUBJECT: PORTUGAL: OPIC-SUPPORTED INVESTMENT FUNDS

REF: SECSTATE 103210

The renewable energy, resource efficiency, and water sector
focus of the Virgin Green Emerging Markets Fund under
consideration by OPIC is a close match with GOP development
objectives, and Post has no adverse information concerning
the fund manager, VGF Partners I, L.P. However, there are
numerous sources of financing for the growing Portuguese
renewable energies market and it is doubtful there will be
significant interest in the fund here.
STEPHENSON

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