Category of Support
Finance » Debt Finance
Donors
Deutsche Bank
Green Climate Fund (GCF)
Users
Private Sector
Description
Blended finance model, leveraging private capital and building capacity for lending to green ESCOs among local FIs in 8 SSA countries. The user would be local financial institutions lending to green energy supply companies.
Locations
Benin
Kenya
Namibia
Nigeria
Tanzania
Grid Status
Both
Geography
Phase 1: Kenya, Rwanda, Tanzania, Uganda, Namibia, Zambia.
Phase 2: Any country active in Sub Saharan Africa.
Phase 2: Any country active in Sub Saharan Africa.
Eligibility
Lend 5-10 year senior USD debt:
— Through local FIs to deliver capital to local energy supply companies in local currency; or
— Directly as syndicated project finance loans in parallel to local & regional (development) banks (no FX exposure envisaged).
— Through local FIs to deliver capital to local energy supply companies in local currency; or
— Directly as syndicated project finance loans in parallel to local & regional (development) banks (no FX exposure envisaged).