Financing Source: Results Based Financing for Productive Appliances & Equipment (PUE)
From energypedia
Last edited on 15/03/2023 by Kimberly Fahsold
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Key facts
Result Based Finance means that subsidy that is applied after a pre-determined result has been met and verified. Total funding amount: US$18.5 million with a subsidy framework of 30% of the costs of deploying PUE. Incentive factors can increase subsidy level to 60%. Under the NEP, channeled by REA.
Type of financing
- Grant
Technology scope
- SHS
- Minigrid
- Other
Target beneficiaries
SME
Geographical scope
Nigeria
Application
Rolling basis
URL
Further information
