Various Countries Project Notice - 45238

Project Notice
PNR	45238
Project Name	AFRIGREEN DEBT IMPACT FUND
Project Detail	Debt fund to finance companies and assets that contribute to improved access to electricity using solar photovoltaic (PV) in sub-Saharan Africa. Objectives The fund will provide loans to finance solar PV distributed generation projects in Central and West Africa with a primary focus on Nigeria, Côte dIvoire, Senegal, Ghana, Mali, Cameroon. The fund will be primarily targeting the countries where grid is unreliable and electricity prices are high. The fund will offer capital in the form of project finance and asset-based debt facilities. The fund aims to build a diversified portfolio of 20-30 investments with an average ticket size of USD 4 million. Sector(s) Energy - Electricity, gas, steam and air conditioning supply Proposed EIB finance (Approximate amount) EUR 25 million Total cost (Approximate amount) EUR 100 million
Funded By	European Investment Bank (EIB)
Sector	Energy & Power
Country	Various Countries , Southern Asia
Project Value	100 Million

Contact Information
Company Name	RGREEN INVEST
Web Site	https://www.eib.org/en/projects/pipelines/all/20210485