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Press Release: Ignite Power’s Subsidiary Westa Solar Secures $15 Million Investment from AFRIGREEN to Expand Across Africa’s C&I Sector
This agreement will drive the company’s mission to accelerate the adoption of solar energy in the region, starting with a focus on Nigeria.
- Region
- Sub-Saharan Africa
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CrossBoundary Energy Secures USD 140 Million for African expansion
CrossBoundary Energy is dedicated to offering fully financed renewable power solutions to African businesses.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: GuarantCo and British International Investment Partner to Unlock US$500 Million of New Renewable Power for South Africa With Landmark $100 Million Etana Energy Deal
This innovative type of deal is designed to unlock new renewable energy capacity by providing independent power producers (IPPs) with the revenue certainty they need to break ground on new renewable energy projects.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Catalytic Climate Finance Facility Awards USD 2 Million to New Cohort of Blended Finance Vehicles
The CC Facility will grant the selected five grantees USD 2 million to test, structure, launch, and expand solutions.
- Categories
- Energy, Environment, Investing
- Region
- Global
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ADB Partners With MSEL To Build 20-MW Solar Power Plant In Bangladesh
The funding includes a $15.5 million loan from ADB and an $8.8 million loan from the Leading Asia’s Private Infrastructure Fund 2.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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Subsidy and Synergy: How Philanthropy Can Complement Impact Investing More Effectively
The original goal of impact investing was to build out the funding spectrum between philanthropy and commercial investment. But according to Asad Mahmood at SIMA and Nanno Kleiterp, the arrival of private equity firms — promising scale and market-rate financial returns — has pulled all the sector's energy toward the commercial end of the spectrum. They explore the key role philanthropic subsidy has played in the development of emerging markets business, clarify some misconceptions about its role in impact investing, and propose some ways philanthropists and impact investors can better align their efforts.
- Categories
- Energy, Finance, Investing, Social Enterprise
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TotalEnergies Pauses Investments in India’s Adani Group After Bribery Charges
The crisis is the second in two years to hit the Adani group, which was last year accused by short seller Hindenburg Research of improperly using offshore tax havens. The company denied those claims.
- Categories
- Energy
- Region
- Global
- Tags
- governance, regulations, solar
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EAAIF, FMO and DEG Provide EUR 84 Million to Axian Energy to Finance a 60MW Solar Energy and 72MWH Energy Storage System in Senegal
The critical technology supports the integration of more renewable energy capacity into the power supply, helping Senegal to achieve its ambition of reaching 40% renewable energy capacity by 2030.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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