Volta INTL

Asia

Region

104.3

Commitment (MNOK)

Active

Status

Rollout of a 600 MWp pipeline of small-scale rooftop solar assets on public buildings in Sri Lanka under a profit-sharing arrangement with state provincial owners. The project is developed by the Volta Group, a French integrated renewable energy developer, owner, and operator, together with Sri Lankan developer Gaia Green Energy. Volta Group is owned and supported by its founders and Eiffel Investment Group.

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Key information

Sector:
Renewable Energy
Commitment (MNOK):
104.3
Year:
2023
Region:
Asia
Country:
Sri Lanka
Domicile:
France
Instrument:
Equity
Status:
Active
Mandate:
Climate

Additionality Volta INTL

This investment is particularly additional on the following ambitions:

  • investing in the poorest countries
  • investing in the most capital constrained markets
  • investing in risky markets
  • investing in sectors with high development needs
  • investing in high risk markets
  • Investing in high risk instruments
  • targeting underserved segments
  • mobilising private investors
  • taking an active role in investments

Read more about the investment:

Volta and Norfund accelerate solar development in Sri Lanka