FEI on-grid fund

Africa

Region

209.2

Committment (MNOK)

Clean Energy

Sector

The Facility for Energy Inclusion (FEI) On-Grid Fund is a fund for providing debt to small-scale renewable energy projects in Africa. FEI On-Grid will support small-scale Independent Power Producers, captive power projects and mini-grids by providing a range of debt products. Norfund is an LP in the fund.

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  • Sector: Clean Energy
  • Committment (MNOK): 209.2
  • Year: 2019
  • Region: Africa
  • Country: Regional
  • Domicile: Mauritius
  • Instrument: Funds
  • Status: Active

Additionality for FEI on-grid fund

This investment is particularly additional on the following ambitions:

  • Investing in the poorest countries
  • Investing in the most capital constrained markets
  • Investing in the riskiest markets
  • Investing in the most difficult business environments
  • Investing in high risk instruments
  • Contributing to starting new business activity
  • Mobilising private investors
  • Taking an active role in investments
  • Improving social and environmental standards

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