Frontier Investment Management
Frontier Investment Management ApS is a private equity and venture capital firm specializing in investments in early stage and mature projects. It also provides mezzanine capital. The firm is focused on small, medium and large sized greenfield renewable energy and energy efficiency projects such as: wind power, hydro power, solar power, solar heating, geothermal, biomass power, biogas from industrial, agricultural and household waste, and fuel switch. It invests in less developed emerging markets in Sub-Saharan Africa. It focuses on Eastern and Southern Africa and the core focus countries include: Kenya, Mozambique, Tanzania, Uganda, and Zambia. It seeks to commit between €3 million ($3.97 million) and €10 million ($13.24 million) to a single investment. It has a preference for projects with a total investment between €5 million ($6.62 million) and €100 million ($132.41 million). It also invests using the instruments such as equity, carbon credit prepayment, and short term debt financing. It typically has a medium to long term perspective on its investments with a typical investment horizon between five and ten years. Frontier Investment Management ApS is based in Copenhagen, Denmark. With additional offices in Kenya, Nairobi; Dar es Salaam, Tanzania; Kampala, Uganda and Kigali, Rwanda.
12 past transactions
Eldosol Energy
Private Equity Round in 2015
Eldosol Energy develops solar or photovoltaic projects in Kenya.
Kiwira Energy
Private Equity Round in 2016
The Kiwira Hydro Power Project consist of 8 sites on the Kiwira River and tributaries in Mbeya Region in South Western Tanzania. The rivers system runs through a valley around Mt. Rungwe into Lake Nayasa.
Rwaza Hydro Power
Venture Round in 2016
Rwaza Hydro Power is owns and operates hydro power plant in Rwanda. It is developing a 2.6MW run-of-river hydro power plant.
Akiira One Geothermal Company Ltd
Venture Round in 2013
Akiira One Geothermal Company Ltd develops and operates geothermal power plant.
Shubham Housing Development Finance Company
Series D in 2018
Shubham Housing Development Finance Company was incorporated with a mission to provide Home loans and Home Improvement loans to customers who would normally fall outside the ambit of traditional lending institutions. Shubham is amongst the first organisations in the country focused on helping urban low-income and informal income families own a home by providing formal credit. Shubham's operating model seeks to transcend document based underwriting and follow an interview based approach to understand the customer's income and expense flows.
DC Frontier Energy
Private Equity Round in 2016
DC Frontier Energy is a project company focussed on developing and implementing hydropower projects.
Elgon Hydro Siti
Private Equity Round in 2013
Elgon Hydro Siti (PVT) Ltd. is a special purpose vehicle established with the sole purpose of developing and implementing the Siti I and II Hydro Power Project
Rwenzori Hydro
Venture Round in 2016
Rwenzori Hydro is develops, construct and operates a hydro power plant. The run-of-river hydro power plant build along river Nyamagasani have a generating capacity of approximately 15.0 megawatts (MW).
Selenkei Investments
Venture Round in 2017
Selenkei is one of two companies incorporated in Kenya to manage two solar PV technology projects of 40MW each which will generate power to the Kenyan national grid. The projects will be located on 600 acres of land close to Eldoret in Western Kenya approximately 300 km from Nairobi.
Esikipeto Power Generation
Private Equity Round in 2016
Esikipeto Power Generation owns and operates wind power generation plant.
Wind for Prosperity
Venture Round in 2014
Wind for Prosperity is the brand name for the concept developed by Vestas Wind Systems to provide power to off-grid locations using a combination of one or more wind turbines and a diesel generator.
Greenewus Energy Africa
Venture Round in 2013
Greenewus Energy Africa develops, construct and operates a hydro power plant.