Financing Source: The Electrification Financing Initiative (ElectriFi Nigeria)
From energypedia
Last edited on 25/07/2023 by Chinwendu Obed
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Key facts
ElectriFI will focus on new and improved connections to electricity for populations living principally in rural, under-served or unreliably-served areas. The investment strategy will target captive power producers servicing commercial and industrial off-takers in urban areas, and on solar home systems and mini-grids developers and operators in rural areas. Ticket size is from 0.5 to 10 million euros; capped at 50% of the project cost / funding round.
Type of financing
- Equity
- Debt
Technology scope
- SHS
- Minigrid
Target beneficiaries
SME
Geographical scope
Nigeria
Application
Rolling basis
URL
Further information
