🚀 We are happy to announce the 1st investment of AFRIGREEN DEBT IMPACT FUND SLP.
Up to $15 Million facility provided to Rensource Energy, Africa’s fastest-growing solar power provider of renewable energy services.
👉 The debt finance provided by AFRIGREEN will fund the construction of over 30MW of RENSOURCE commercial and industrial portfolio in the next 3 years.
🌱 AFRIGREEN is an infrastructure senior debt fund that offers financing solutions to commercial & industrial (C&I) consumers in Africa, enabling their installation of on-and off-grid solar power plants to help reduce their energy bill as well as their diesel dependency.
AFRIGREEN is managed by a team of experts with strong industry expertise.
AFRIGREEN is managed by RGREEN INVEST and advised by ECHOSYS INVEST.
Find out more: RENSOURCE’s press release
AFRIGREEN: an impact fund committed to projects in Africa
AFRIGREEN DEBT IMPACT Fund ambitions to finance, through direct project lending and asset-based debt facilities, solar photovoltaic energy infrastructure distributed across Central and West Africa, with a particular focus on Nigeria, Ivory Coast, Senegal, Ghana and Cameroon.
RGREEN INVEST’s first impact fund, AFRIGREEN is classified as article 9 of the SFDR and contributes to the achievement of the Sustainable Development Goals 7 (Clean and Affordable Energy), 9 (Industry and Infrastructure), 12 (Responsible Consumption and Production), and 13 (Action on Climate Change) set by the United Nations.