Electrification Financing Initiative (ElectriFI)
Electrification Financing Initiative (ElectriFI)
Details
ElectriFI is an investment facility initiated by FMO, the Dutch Development Bank, and implemented by EDFI Management Company, the fund manager of the Association of the European Development Finance Institutions (EDFI). ElectriFI’s mission is to grow viable businesses and projects that create new connections to reliable and sustainable energy in developing and emerging markets (see Section II). EDFI Management Company manages the fund with a total amount of EUR 116 million provided by the European Commission including a contribution from Power Africa targeting the sub-Saharan African region.
Specialization
Program Website:
Type
Geographical Scope
Business stage
Supporting
Funding/Investment/CapBuild type
Debt, equity, guarantees: The maximum amount of any financing solution supplied by ElectriFI will be EUR 10 million (or USD / local currency equivalent). The minimum amount is EUR 500.000 (or USD / local currency equivalent).
Contact
Email: