Thursday
January 2
2025

Press Release: IFC Partners with Sol Agora to Expand Access to Solar Financing and Diversify Brazil’s Energy Mix

IFC invested $20 million (equivalent to BRL 115 million) to support the growth of Sol Agora, a fintech provider of long-term financing for micro and mini-distributed solar power generation assets across Brazil, which are mainly used by Brazilian households. IFC’s investment will support Brazil’s efforts to address climate change challenges and pave the way for a sustainable energy future.

Source: IFC (link opens in a new window)

Categories
Energy, Finance, Technology
Tags
climate change, distribution, energy access, off-grid energy, partnerships, solar, sustainable finance