Financing Source: Electrification Financing Initiative (ElectriFI)
From energypedia
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.
