The Pacific Renewable Energy Investment Facility (PREIF), a technical assistance (TA) of the Asian Development Bank is designed to finance a number of small value renewable energy projects in 11 small Pacific Island countries (PIC-11). The facility aims to support PIC-11 to have greater access to financial and TA resources in order to achieve their renewable energy targets faster, for the countries to be able to swiftly and more efficiently process financing and to have more private sector engaged in projects.