NextBillion - A WDI Publication

Valeo Raises €650 Million with New Green Bond to Fund Low-Carbon Mobility Projects

Valeo raises €650 million through green bonds to finance low-carbon mobility and electrification projects.

Source

ESG News (link opens in a new window)

Categories

Energy, Environment, Transportation

Region

Global

Tags

climate change, decarbonization, e-mobility, impact bonds, sustainable finance

Sun King Secures $80 Million to Expand Off-Grid Solar Access in Nigeria

Sun King is a global leader in off-grid solar energy, operating in over 40 countries with a network of more than 29,500 sales agents and a customer base that has already purchased over 27 million solar products.

Source

Innovation Village (link opens in a new window)

Categories

Energy, Finance

Tags

development finance, lending, partnerships, solar, sustainable finance

Actis Raises US $1.7 Billion for Second Long Life Infrastructure Fund

"The Actis long life infrastructure strategy invests into brownfield infrastructure assets across growth markets in Asia, Latin America, Central and Eastern Europe, the Middle East and Africa."

Source

Actis (link opens in a new window)

Categories

Energy, Investing

Region

Global

Tags

impact investing, infrastructure, renewable energy, solar, wind

BURN Secures US $5 Million Investment From ElectriFI to Scale Electric Cooking in Kenya

BURN, Africa’s leading clean cookstove manufacturer, distributor, and carbon project developer, has received a USD 5 million investment from EDFI Management Company (EDFI MC) through the EU Funded Electrification Financing Initiative (ElectriFI).

Source

BURN (link opens in a new window)

Categories

Energy, Finance, Investing

Region

Sub-Saharan Africa

Tags

clean cooking, climate health, decarbonization, distribution, Internet of Things, manufacturing, PAYGO finance, scale

Press Release: IFC and Canada Invest in Husk to Catalyze Solar-Powered Economic Growth in Rural Nigeria

The financing will support the rollout of Husk’s portfolio of solar hybrid minigrids in Northern Nigeria, helping address one of the country’s most urgent development challenges.

Source

Husk (link opens in a new window)

Categories

Energy

Region

Sub-Saharan Africa

Tags

development finance, lending, partnerships, public-private partnerships, renewable energy, rural development, scale, solar

Expanding Access to Finance for Energy Enterprises: EnDev Partners with Kiva

Through this collaboration, Kiva will provide tailored financial solutions to support small and medium-sized enterprises (SMEs) in the energy access sector across EnDev’s portfolio in sub-Saharan Africa.

Source

EnDev (link opens in a new window)

Categories

Energy, Finance

Region

Sub-Saharan Africa

Tags

clean cooking, financial inclusion, MSMEs, off-grid energy, partnerships, renewable energy, solar, sustainable finance

Coal India to Build $3 Billion Clean Energy Projects to Power Green Ammonia Facilities

"The initiative is part of the company’s strategy to offset emissions and support India’s national goal of reaching net zero by 2070."

Source

ESG News (link opens in a new window)

Categories

Energy

Region

Asia Pacific

Tags

climate change, decarbonization, renewable energy, scale, solar, sustainable finance, wind

African Development Bank Approves $8.79 Million to Boost Clean Cooking in Uganda

With cleaner kitchens, healthier families, greener forests, and a stronger climate response, the Uganda Biogas and Electric Cooking Project marks a critical step toward a more sustainable and resilient future.

Source

African Development Bank Group (link opens in a new window)

Categories

Energy, Investing, Technology

Region

Sub-Saharan Africa

Tags

clean cooking, climate change, climate health, forests, MSMEs