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Financing Source: Electrification Financing Initiative (ElectriFI)

From energypedia
Revision as of 11:31, 20 March 2023 by ***** (***** | *****)
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Last edited on 20/03/2023 by Kimberly Fahsold
(Date format: DD/MM/YYYY)

Key facts
EU-funded impact investment facility. It finances early stage private companies and projects, focusing on new/improved electricity connections as well as on generation capacity from sustainable energy sources.
Type of financing
  • Equity
Technology scope
  • SHS
  • Minigrid
Target beneficiaries
SME
Geographical scope
Sub-Saharan Africa
Application
Rolling basis
URL
Further information
Companies have to comply with pre-defined impact targets in terms of environmental and social requirements, are expected to reach profitability within 3 years following the investment.