Proparco

Proparco is a French government organization established in 1977, dedicated to promoting private sector funding in sustainable development. Based in Paris, the firm focuses on financing and supporting companies and financial institutions across Africa, Asia, Latin America, and the Middle East. Proparco's investment strategy emphasizes key development sectors such as renewable energy, infrastructure, agriculture, health, education, and financial services. The organization aims to strengthen the contributions of private actors towards achieving the Sustainable Development Goals (SDGs) established by the international community. Proparco finances projects that create jobs, provide essential goods and services, and combat climate change, offering a range of financial instruments including loans, equity, and guarantees. Its interventions are designed to enhance the resilience of communities and promote sustainable economic growth in emerging markets.

Grégory Clemente

CEO

Sadio Dicko

Deputy Regional Director

Djalal Khimdjee

Deputy CEO and Board Member

Natascha Korvinus

Principal, Finance

Gregor Quiniou

Principal

Past deals in Energy

Serengeti Energy

Venture Round in 2022
Serengeti Energy abides by the requirement that all of its operations have a beneficial impact on markets throughout the community. As such, it invests in and co-develops small and medium-sized renewable energy projects. They concentrate on the design, building, and operation of new and renovated independent power plants. Additionally, they offer installation and maintenance services for semiconductors used in renewable energy.

Nuru

Venture Round in 2021
Nuru, SARL generates and manages renewable electric energy. The company offers solar micro grid energy to the Congolese households, businesses, and organizations. Additionally, the company installs solar PV and storage micro grid across country. Nuru, SARL was formerly known as Kivu Green Energy and changed its name to Nuru, SARL in September, 2019. The company was founded in 2015 and is based in Goma, Democratic Republic of the Congo.

Daystar Power

Series B in 2021
Daystar Power specialises in providing solar power and energy efficiency solutions for businesses in the commercial, industrial, and agricultural sectors that result in significant reduction of power costs, diesel consumption and pollution.

Rensource

Venture Round in 2020
Rensource Inc offers subscription based solar power services to to consumers and small businesses. The company generates electricity using small solar-hybrid systems that are installed in the premises of the final customer. It offers different subscription plans which include Go, Eco, Duplo, and Pro based on energy requirements of the customer. Rensource Inc was founded in 2015 and is based in Lagos, Nigeria.

Kingo

Series B in 2017
Kingo Energy, founded in 2013 and headquartered in Guatemala City, Guatemala, specializes in manufacturing solar energy systems aimed at providing reliable electricity to underserved rural communities. The company's mission is to improve the quality of life for individuals living without access to a dependable power grid, particularly in regions facing extreme poverty. Kingo offers a prepaid solar energy service that is more affordable than traditional lighting methods, such as candles and kerosene. Their solar energy kits can power essential household items, including light bulbs and mobile phone chargers, with payment options tailored to customers' budgets. Kingo has already benefited over 100,000 people, with significant reported improvements in cost savings, educational performance, and productivity among users. The company operates in Central America and South Africa, with ambitions to expand its reach to over 3 million individuals by 2020. Kingo's executive team comprises experienced professionals from various sectors, including consumer markets, telecommunications, and energy.

Kingo

Convertible Note in 2016
Kingo Energy, founded in 2013 and headquartered in Guatemala City, Guatemala, specializes in manufacturing solar energy systems aimed at providing reliable electricity to underserved rural communities. The company's mission is to improve the quality of life for individuals living without access to a dependable power grid, particularly in regions facing extreme poverty. Kingo offers a prepaid solar energy service that is more affordable than traditional lighting methods, such as candles and kerosene. Their solar energy kits can power essential household items, including light bulbs and mobile phone chargers, with payment options tailored to customers' budgets. Kingo has already benefited over 100,000 people, with significant reported improvements in cost savings, educational performance, and productivity among users. The company operates in Central America and South Africa, with ambitions to expand its reach to over 3 million individuals by 2020. Kingo's executive team comprises experienced professionals from various sectors, including consumer markets, telecommunications, and energy.
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