British International Investment is a development finance institution and impact investor based in London, United Kingdom. Established in 1948 and wholly owned by the UK Government's Department for International Development, BII aims to foster long-term economic growth and sustainability in emerging markets, particularly in Africa and South Asia. The institution invests across various sectors, including infrastructure, health, and agribusiness, with a focus on job creation and business development. BII provides financial support through debt, equity capital, and mezzanine financing, both directly and via intermediaries, catering to a wide range of industries such as distribution, education, consulting, logistics, and electronics.
Managing Director and Head of Direct Private Equity
Benson Adenuga
Head of Office and Coverage Director, Nigeria and Member of Investment teams
Andrew Brown
Managing Director and Deputy Chief Investment Officer
Leandro Cuccioli
Director and Head of Manufacturing, Agribusiness and Forestry
Seema Dhanani
Head of Kenya and Coverage Director East Africa
Hayley Fenton
Investment Associate, Infrastructure - Energy Access and Efficiency
Jo Fry
Investment Director and Head of Intermediated Financial services
Craig Gifford
Head of Private Equity Funds and Co-Investments
Diana Kolar
Investment Manager, Innovative Finance
Maria Largey
Managing Director, Chief Impact Officer and Member of the Investment and Executive Committee
Srinivasan Nagarajan
Managing Director, Head of Asia and Member of the Investment and Executive Committee
Stephen Priestley
Managing Director, Financial Services Group
Rehan Rashid
Country Director, Bangladesh
Sherine Shohdy
Head of Egypt Office and Coverage Director
Abhinav Sinha
Managing Director
Tenbite Ermias
Managing Director, Africa
Chirantan Patnaik
Director, Venture Capital
Kwabena Asante-Poku
Coverage Director for Ghana and Member of Investment teams
Roman Frenkel
Director and Head of Food, Agriculture and Natural Capital
Past deals in Renewables
Arnergy
Series B in 2025
Arnergy is a provider of sustainable energy services focused on delivering clean and reliable energy solutions for businesses and homes. The company aims to address energy reliability issues in emerging markets by offering scalable, affordable energy systems designed to overcome challenges such as grid unreliability and intermittency. Through its products, services, and systems, Arnergy enhances business operations and improves economic outcomes for its clients, ensuring access to dependable energy resources.
Aerem
Series A in 2025
Aerem is a Mumbai-based FinTech platform dedicated to promoting clean energy solutions for businesses and commercial enterprises. By facilitating the adoption of rooftop solar systems, Aerem enables organizations to significantly reduce electricity costs by up to 70%. The company utilizes a comprehensive installer network and offers financing options through its in-house non-banking financial company or partner banks, making it easier for businesses, particularly micro, small, and medium enterprises, to transition to solar energy. Aerem’s mission is to democratize access to clean energy and contribute to a sustainable future, achieving a positive impact on the environment, society, and economy through its innovative services. With its growing presence across India, Aerem is positioned to lead the charge in solar energy adoption.
Ib Vogt Singapore
Debt Financing in 2025
Ib Vogt Singapore focuses on the global development of turnkey PV facilities and battery storage projects, as well as expanding its IPP portfolio.
mopo
Venture Round in 2025
Mobile Power Ltd is a company that specializes in providing rental battery packs for charging mobile phones to off-grid customers in developing countries. Founded in 2013 and headquartered in Sheffield, United Kingdom, the company addresses the challenges faced by the estimated half a billion mobile phone users without access to grid electricity. Many of these individuals currently rely on diesel generators and oil lamps, which are both costly and environmentally harmful. Mobile Power Ltd aims to enhance access to clean energy, facilitating improved business opportunities, education, and health outcomes while also reducing carbon emissions. The company incorporates security systems and mobile payment capabilities into its battery packs, further streamlining the user experience in these underserved markets.
ACWA Power
Post in 2024
ACWA Power International is a company specializing in the development, investment, co-ownership, and operation of power generation and desalinated water production facilities. Founded in 2004 and headquartered in Riyadh, Saudi Arabia, it manages a diverse portfolio that includes thermal, solar photovoltaic, solar concentrated solar power, and wind energy projects. Additionally, ACWA Power provides operations and maintenance services specifically for the power generation and water desalination sectors. The company has a significant regional presence, with operations in various countries, including Saudi Arabia, Oman, the United Arab Emirates, Jordan, Morocco, South Africa, Turkey, Vietnam, Mozambique, and Egypt. As a subsidiary of ACWA Holding Company, ACWA Power plays a crucial role in addressing energy and water needs across its operational territories.
Etana Energy
Debt Financing in 2024
Etana Energy is an electricity trader focused on distributing electricity generated from renewable sources, specifically solar and wind projects, to various businesses. The company aims to address the substantial power needs across South Africa by providing low-carbon electricity solutions. It offers competitive pricing, forward price certainty, and flexible contract terms, catering to municipal, industrial, and retail customers. Through its services, Etana Energy contributes to the transition towards sustainable energy while ensuring reliable power supply.
BasiGo
Debt Financing in 2024
BasiGo is an e-mobility start-up focused on transforming public transportation in Kenya and Rwanda by providing electric buses as a cost-effective alternative to diesel. The company employs a pay-as-you-go model, which simplifies the transition for bus operators by including maintenance and battery charging in the financing plan. BasiGo's electric buses are designed to operate throughout the day on a single charge, utilizing proven and safe battery technology. This approach not only addresses the rising costs of diesel fuel but also aims to make electric buses affordable and accessible to all bus owners, thereby promoting sustainable and efficient public transport solutions in the region.
Battery Smart
Series B in 2024
Battery Smart is an electric vehicle (EV) battery-swapping network based in Delhi, India, that focuses on providing advanced lithium-ion batteries for electric two and three-wheelers. Established in 2019, the company has developed a retrofittable 48V lithium-ion twin battery system compatible with various electric rickshaw and two-wheeler models. Its network allows EV drivers to swap batteries in approximately two minutes, effectively addressing common challenges such as range anxiety and the downtime associated with charging. By offering interoperable battery solutions, Battery Smart enables users to avoid the recurring costs of battery replacement while enhancing the overall convenience of electric vehicle use.
Battery Smart
Series B in 2024
Battery Smart is an electric vehicle (EV) battery-swapping network based in Delhi, India, that focuses on providing advanced lithium-ion batteries for electric two and three-wheelers. Established in 2019, the company has developed a retrofittable 48V lithium-ion twin battery system compatible with various electric rickshaw and two-wheeler models. Its network allows EV drivers to swap batteries in approximately two minutes, effectively addressing common challenges such as range anxiety and the downtime associated with charging. By offering interoperable battery solutions, Battery Smart enables users to avoid the recurring costs of battery replacement while enhancing the overall convenience of electric vehicle use.
ChargeZone
Venture Round in 2024
ChargeZone is a renewable energy solutions provider based in India, specializing in electric vehicle (EV) charging infrastructure and software development. Founded in 2018, the company aims to establish a network of 100,000 charging stations across key EV markets in India, catering to various vehicle types, including cars, buses, and trucks. ChargeZone employs advanced Grid-to-Vehicle (G2V) technology to facilitate an unmanned EV charging experience, enhancing convenience for users. Additionally, its application offers real-time information on charging station locations, enabling customers to easily find available charging points and access smart charging services at affordable rates. The company's focus on expanding EV infrastructure and providing innovative software solutions positions it as a key player in the transition to electric mobility.
Skye Renewables
Venture Round in 2024
Skye Renewables is a solar energy-as-a-service company based in Southeast Asia. We design, finance, and operate on-site (captive) solar projects for commercial and industrial clients, allowing them to enjoy lower-cost, cleaner electricity without incurring any upfront capital costs.
BasiGo
Debt Financing in 2023
BasiGo is an e-mobility start-up focused on transforming public transportation in Kenya and Rwanda by providing electric buses as a cost-effective alternative to diesel. The company employs a pay-as-you-go model, which simplifies the transition for bus operators by including maintenance and battery charging in the financing plan. BasiGo's electric buses are designed to operate throughout the day on a single charge, utilizing proven and safe battery technology. This approach not only addresses the rising costs of diesel fuel but also aims to make electric buses affordable and accessible to all bus owners, thereby promoting sustainable and efficient public transport solutions in the region.
Battery Smart
Series B in 2023
Battery Smart is an electric vehicle (EV) battery-swapping network based in Delhi, India, that focuses on providing advanced lithium-ion batteries for electric two and three-wheelers. Established in 2019, the company has developed a retrofittable 48V lithium-ion twin battery system compatible with various electric rickshaw and two-wheeler models. Its network allows EV drivers to swap batteries in approximately two minutes, effectively addressing common challenges such as range anxiety and the downtime associated with charging. By offering interoperable battery solutions, Battery Smart enables users to avoid the recurring costs of battery replacement while enhancing the overall convenience of electric vehicle use.
Gridworks Partners
Private Equity Round in 2023
Gridworks Partners is a development and investment platform focused on equity investments in electricity transmission, distribution, and off-grid solutions in Africa. The company, which is wholly owned by CDC Group, aims to develop and invest in essential power infrastructure to enhance access to electricity across the continent. Gridworks partners with governments, utilities, and businesses in the power sector, positioning itself as a long-term investor and developer in this critical domain. Backed by the UK Government's Development Finance Institution, Gridworks plays a significant role in advancing sustainable energy solutions in Africa.
Sun King
Debt Financing in 2023
Sun King is a solar energy company that specializes in providing off-grid power solutions across Africa and Asia. It designs, manufactures, and distributes solar home systems, inverter systems, and portable lanterns, targeting communities with limited access to reliable electricity. Sun King offers pay-as-you-go financing options, enabling customers to acquire these products through small, affordable installments over time. The company collaborates with international distribution partners to expand its reach within the off-grid market.
Bboxx
Debt Financing in 2022
Bboxx, established in 2010 and headquartered in London, specializes in designing, manufacturing, and distributing plug-and-play solar systems. The company's product range includes solar home systems, remote monitoring products, portable lights, radios, LED TVs, and phone chargers, along with installation and maintenance services. Bboxx serves customers in the UK and internationally through a network of distributors, focusing on enhancing access to energy in developing countries, particularly in Africa. The company aims to provide a western energy experience off-grid and in rural areas, combining access to electricity with superior customer service.
H1 Holdings
Debt Financing in 2022
H1 Holdings develops, invests in and operates power projects producing cleaner energy.
Africa Water Infrastructure Development
Debt Financing in 2022
AWID is a platform that develops and finances climate-smart water projects.
Africa Water Infrastructure Development
Venture Round in 2022
AWID is a platform that develops and finances climate-smart water projects.
Scatec ASA
Post in 2022
Scatec ASA is an integrated independent solar power producer based in Oslo, Norway. Founded in 2007, the company specializes in the design, development, financing, engineering, procurement, construction management, ownership, operation, and maintenance of solar photovoltaic power plants. Scatec operates through three segments: Power Production, Services, and Development and Construction. With a portfolio of 1.9 GW in operation and under construction, Scatec's projects are located in various countries, including Argentina, Brazil, the Czech Republic, Egypt, Honduras, Jordan, Malaysia, Mozambique, Rwanda, South Africa, and Ukraine. The company aims to deliver affordable and sustainable clean energy solutions globally. Scatec changed its name from Scatec Solar ASA in November 2020 to reflect its broader focus and capabilities in the renewable energy sector.
Jingsil Intelligent
Series A in 2022
Jingsil Intelligent is a company that specializes in digital power distribution switches and intelligent power distribution management software. It intends to adapt to additional new energy and infrastructure application scenarios.
Globeleq
Venture Round in 2022
Globeleq Generation Limited is a company that develops, builds, and operates renewable power projects primarily in Africa and the Americas. It manages a diverse portfolio of power generation assets, including natural gas, solar, wind, heavy fuel oil, and fuel oil facilities. By utilizing a range of power-generating technologies, Globeleq aims to support the growth of local communities and foster a sustainable future. Its operations focus on providing reliable energy solutions that positively impact the regions it serves.
Gridworks Partners
Private Equity Round in 2022
Gridworks Partners is a development and investment platform focused on equity investments in electricity transmission, distribution, and off-grid solutions in Africa. The company, which is wholly owned by CDC Group, aims to develop and invest in essential power infrastructure to enhance access to electricity across the continent. Gridworks partners with governments, utilities, and businesses in the power sector, positioning itself as a long-term investor and developer in this critical domain. Backed by the UK Government's Development Finance Institution, Gridworks plays a significant role in advancing sustainable energy solutions in Africa.
Fourth Partner Energy
Debt Financing in 2022
Fourth Partner Energy is a Hyderabad-based company that offers turnkey rooftop solar energy solutions in India. Established in 2010, the company specializes in manufacturing solar energy applications, including solar lanterns, home lighting systems, solar street lights, and photovoltaic panels. Fourth Partner Energy aims to build, develop, and manage a significant portfolio of decentralized solar power assets. The company is dedicated to promoting sustainable energy solutions by providing high-quality products and services at competitive prices. In addition to its manufacturing capabilities, Fourth Partner Energy also offers financial structuring, design, turnkey execution, and panel cleaning services, enhancing power generation and maintenance for its customers. The company is recognized as an empanelled Channel Partner by the Ministry of New and Renewable Energy and holds ISO 9001:2008 certification, further solidifying its commitment to quality and sustainability.
Globeleq
Debt Financing in 2021
Globeleq Generation Limited is a company that develops, builds, and operates renewable power projects primarily in Africa and the Americas. It manages a diverse portfolio of power generation assets, including natural gas, solar, wind, heavy fuel oil, and fuel oil facilities. By utilizing a range of power-generating technologies, Globeleq aims to support the growth of local communities and foster a sustainable future. Its operations focus on providing reliable energy solutions that positively impact the regions it serves.
H1 Holdings
Venture Round in 2021
H1 Holdings develops, invests in and operates power projects producing cleaner energy.
Enel Green Power
Post in 2021
Enel Green Power is a global leader in renewable energy, focusing on the development and management of power plants that utilize a diverse array of resources, including wind, solar, hydroelectric, geothermal, and biomass. Established in December 2008 as part of the Enel Group, the company operates across Europe and the Americas, boasting an installed capacity of 64.7 GW and generating approximately 25 terawatt-hours of electricity annually. This production supports the energy needs of over 8 million households and contributes to significant reductions in carbon emissions, avoiding around 16 million tonnes of CO2 each year. Enel Green Power emphasizes sustainability and innovation while actively collaborating with local communities to promote socio-economic development. The company is committed to expanding its installed capacity and enhancing technological mixes tailored to local conditions, thus playing a crucial role in the global transition to sustainable energy.
Virunga Energies
Debt Financing in 2021
Virunga Energies produces, distributes and markets clean and renewable hydroelectric energy.
Pula Advisors
Grant in 2021
Pula GmbH is an insurance intermediary based in Mollis, Switzerland, specializing in agricultural insurance broking services. The company focuses on providing data-driven insurance solutions for small-scale farmers across six countries in Africa. By leveraging machine learning and analyzing weather patterns and farm losses, Pula helps farmers navigate climate risks and enhance their agricultural practices. Through the use of mobile technology, Pula empowers hundreds of thousands of smallholders to protect their crops and make informed financial decisions, ultimately enabling them to invest in their farms and improve their overall income.
Metro Power
Debt Financing in 2021
Metro Power Group is involved in power generation, capital markets, real estate, and warehouse services. The company operates a wind power project in Karachi, Pakistan, where it focuses on generating electricity through wind energy. Metro Power is engaged in the processes of transforming, converting, and supplying electricity, positioning itself within the renewable energy sector.
Metro Power
Venture Round in 2021
Metro Power Group is involved in power generation, capital markets, real estate, and warehouse services. The company operates a wind power project in Karachi, Pakistan, where it focuses on generating electricity through wind energy. Metro Power is engaged in the processes of transforming, converting, and supplying electricity, positioning itself within the renewable energy sector.
Sun King
Debt Financing in 2021
Sun King is a solar energy company that specializes in providing off-grid power solutions across Africa and Asia. It designs, manufactures, and distributes solar home systems, inverter systems, and portable lanterns, targeting communities with limited access to reliable electricity. Sun King offers pay-as-you-go financing options, enabling customers to acquire these products through small, affordable installments over time. The company collaborates with international distribution partners to expand its reach within the off-grid market.
Globeleq
Venture Round in 2021
Globeleq Generation Limited is a company that develops, builds, and operates renewable power projects primarily in Africa and the Americas. It manages a diverse portfolio of power generation assets, including natural gas, solar, wind, heavy fuel oil, and fuel oil facilities. By utilizing a range of power-generating technologies, Globeleq aims to support the growth of local communities and foster a sustainable future. Its operations focus on providing reliable energy solutions that positively impact the regions it serves.
Fourth Partner Energy
Debt Financing in 2021
Fourth Partner Energy is a Hyderabad-based company that offers turnkey rooftop solar energy solutions in India. Established in 2010, the company specializes in manufacturing solar energy applications, including solar lanterns, home lighting systems, solar street lights, and photovoltaic panels. Fourth Partner Energy aims to build, develop, and manage a significant portfolio of decentralized solar power assets. The company is dedicated to promoting sustainable energy solutions by providing high-quality products and services at competitive prices. In addition to its manufacturing capabilities, Fourth Partner Energy also offers financial structuring, design, turnkey execution, and panel cleaning services, enhancing power generation and maintenance for its customers. The company is recognized as an empanelled Channel Partner by the Ministry of New and Renewable Energy and holds ISO 9001:2008 certification, further solidifying its commitment to quality and sustainability.
Gridworks Partners
Private Equity Round in 2021
Gridworks Partners is a development and investment platform focused on equity investments in electricity transmission, distribution, and off-grid solutions in Africa. The company, which is wholly owned by CDC Group, aims to develop and invest in essential power infrastructure to enhance access to electricity across the continent. Gridworks partners with governments, utilities, and businesses in the power sector, positioning itself as a long-term investor and developer in this critical domain. Backed by the UK Government's Development Finance Institution, Gridworks plays a significant role in advancing sustainable energy solutions in Africa.
Ayana Renewable Power
Private Equity Round in 2020
Ayana Renewable Power Private Limited is an energy generation company based in Bengaluru, India, founded in 2017. The company specializes in developing utility-scale solar and wind generation projects across India and its neighboring countries, including Bangladesh, Nepal, Bhutan, Myanmar, and Sri Lanka. Ayana aims to enhance renewable energy generation capacities to facilitate a transition to low-carbon power generation. In addition to generating electricity, the company focuses on creating job opportunities in the renewable power sector and fostering community development through skill enhancement and employment initiatives.
Berkeley Energy
Debt Financing in 2020
Berkeley Energy, established in 2007, is a London-based firm specializing in renewable energy investments. With a strong focus on Asia Pacific and Sub-Saharan Africa, the company leverages its deep expertise in power engineering, construction, and investment to develop and deliver renewable power assets in emerging markets. Berkeley Energy supports its partner companies with engineering, management, and financial services, and can act as a bankable sponsor for renewable power projects.
Sun King
Private Equity Round in 2020
Sun King is a solar energy company that specializes in providing off-grid power solutions across Africa and Asia. It designs, manufactures, and distributes solar home systems, inverter systems, and portable lanterns, targeting communities with limited access to reliable electricity. Sun King offers pay-as-you-go financing options, enabling customers to acquire these products through small, affordable installments over time. The company collaborates with international distribution partners to expand its reach within the off-grid market.
SolarX Africa
Series A in 2020
SolarX is a renewable energy company based in Bamako, Mali, specializing in the design, supply, and installation of grid-connected solar photovoltaic systems for commercial and industrial clients in West Africa. Founded in 2020, the company offers a range of turnkey renewable solutions, including engineering, procurement, installation, commissioning, and financial leasing. Its product offerings encompass grid-connected photovoltaic systems that allow direct electricity use, PV-diesel hybrid systems that combine solar and diesel generators, solar pumping systems for water supply during daylight hours, and stand-alone PV systems equipped with batteries for independent energy use. By providing clean and efficient solar solutions, SolarX aims to facilitate the adoption of renewable energy and promote sustainable practices in the region.
Globeleq
Post in 2020
Globeleq Generation Limited is a company that develops, builds, and operates renewable power projects primarily in Africa and the Americas. It manages a diverse portfolio of power generation assets, including natural gas, solar, wind, heavy fuel oil, and fuel oil facilities. By utilizing a range of power-generating technologies, Globeleq aims to support the growth of local communities and foster a sustainable future. Its operations focus on providing reliable energy solutions that positively impact the regions it serves.
Gridworks Partners
Private Equity Round in 2020
Gridworks Partners is a development and investment platform focused on equity investments in electricity transmission, distribution, and off-grid solutions in Africa. The company, which is wholly owned by CDC Group, aims to develop and invest in essential power infrastructure to enhance access to electricity across the continent. Gridworks partners with governments, utilities, and businesses in the power sector, positioning itself as a long-term investor and developer in this critical domain. Backed by the UK Government's Development Finance Institution, Gridworks plays a significant role in advancing sustainable energy solutions in Africa.
Mettle.net
Debt Financing in 2020
Mettle Investments Limited is a specialist financial services company based in Bellville, South Africa, established in 1995. The company focuses on the lending business, offering a variety of financial solutions including asset-backed short-term lending, debtor finance, working capital finance, corporate finance, incremental housing finance, factoring, and invoice discounting. Mettle serves a diverse clientele, which includes international corporations, small and medium enterprises, and individual clients. In addition to its lending services, the company is involved in the solar energy and fintech sectors, highlighting its commitment to innovation and the development of specialised financial solutions.
Globeleq
Debt Financing in 2019
Globeleq Generation Limited is a company that develops, builds, and operates renewable power projects primarily in Africa and the Americas. It manages a diverse portfolio of power generation assets, including natural gas, solar, wind, heavy fuel oil, and fuel oil facilities. By utilizing a range of power-generating technologies, Globeleq aims to support the growth of local communities and foster a sustainable future. Its operations focus on providing reliable energy solutions that positively impact the regions it serves.
Indus Wind Energy Limited
Debt Financing in 2019
IWEL is an independent power producer of renewable energy (wind energy).
PEG
Debt Financing in 2019
PEG is an asset financing company that specializes in providing Pay As You Go solar energy products to off-grid customers in West Africa, particularly in Ghana, Cote d'Ivoire, and Senegal. Founded in 2013 by Hugh Whalan and Nate Heller, PEG aims to improve the quality of life for its customers by offering financing for solar home systems. This financing model allows households to transition from expensive and polluting fuel sources, such as kerosene, to sustainable solar energy, which not only enhances their living conditions but also serves as a long-term asset. PEG's solar systems provide access to better lighting, mobile phone charging, and appliances like radios and televisions, contributing to a more sustainable and efficient energy solution for underserved communities. Headquartered in Accra, Ghana, PEG is dedicated to promoting renewable energy and improving the standard of living for its customers through innovative financing solutions.
PEG
Debt Financing in 2019
PEG is an asset financing company that specializes in providing Pay As You Go solar energy products to off-grid customers in West Africa, particularly in Ghana, Cote d'Ivoire, and Senegal. Founded in 2013 by Hugh Whalan and Nate Heller, PEG aims to improve the quality of life for its customers by offering financing for solar home systems. This financing model allows households to transition from expensive and polluting fuel sources, such as kerosene, to sustainable solar energy, which not only enhances their living conditions but also serves as a long-term asset. PEG's solar systems provide access to better lighting, mobile phone charging, and appliances like radios and televisions, contributing to a more sustainable and efficient energy solution for underserved communities. Headquartered in Accra, Ghana, PEG is dedicated to promoting renewable energy and improving the standard of living for its customers through innovative financing solutions.
Nepal Water & Energy Development Company
Debt Financing in 2019
NWEDC is an energy utility company specialized in hydropower development.
PEG
Debt Financing in 2019
PEG is an asset financing company that specializes in providing Pay As You Go solar energy products to off-grid customers in West Africa, particularly in Ghana, Cote d'Ivoire, and Senegal. Founded in 2013 by Hugh Whalan and Nate Heller, PEG aims to improve the quality of life for its customers by offering financing for solar home systems. This financing model allows households to transition from expensive and polluting fuel sources, such as kerosene, to sustainable solar energy, which not only enhances their living conditions but also serves as a long-term asset. PEG's solar systems provide access to better lighting, mobile phone charging, and appliances like radios and televisions, contributing to a more sustainable and efficient energy solution for underserved communities. Headquartered in Accra, Ghana, PEG is dedicated to promoting renewable energy and improving the standard of living for its customers through innovative financing solutions.
ACWA Power
Debt Financing in 2019
ACWA Power International is a company specializing in the development, investment, co-ownership, and operation of power generation and desalinated water production facilities. Founded in 2004 and headquartered in Riyadh, Saudi Arabia, it manages a diverse portfolio that includes thermal, solar photovoltaic, solar concentrated solar power, and wind energy projects. Additionally, ACWA Power provides operations and maintenance services specifically for the power generation and water desalination sectors. The company has a significant regional presence, with operations in various countries, including Saudi Arabia, Oman, the United Arab Emirates, Jordan, Morocco, South Africa, Turkey, Vietnam, Mozambique, and Egypt. As a subsidiary of ACWA Holding Company, ACWA Power plays a crucial role in addressing energy and water needs across its operational territories.
Gridworks Partners
Private Equity Round in 2019
Gridworks Partners is a development and investment platform focused on equity investments in electricity transmission, distribution, and off-grid solutions in Africa. The company, which is wholly owned by CDC Group, aims to develop and invest in essential power infrastructure to enhance access to electricity across the continent. Gridworks partners with governments, utilities, and businesses in the power sector, positioning itself as a long-term investor and developer in this critical domain. Backed by the UK Government's Development Finance Institution, Gridworks plays a significant role in advancing sustainable energy solutions in Africa.
Bboxx
Debt Financing in 2019
Bboxx, established in 2010 and headquartered in London, specializes in designing, manufacturing, and distributing plug-and-play solar systems. The company's product range includes solar home systems, remote monitoring products, portable lights, radios, LED TVs, and phone chargers, along with installation and maintenance services. Bboxx serves customers in the UK and internationally through a network of distributors, focusing on enhancing access to energy in developing countries, particularly in Africa. The company aims to provide a western energy experience off-grid and in rural areas, combining access to electricity with superior customer service.
Globeleq
Venture Round in 2019
Globeleq Generation Limited is a company that develops, builds, and operates renewable power projects primarily in Africa and the Americas. It manages a diverse portfolio of power generation assets, including natural gas, solar, wind, heavy fuel oil, and fuel oil facilities. By utilizing a range of power-generating technologies, Globeleq aims to support the growth of local communities and foster a sustainable future. Its operations focus on providing reliable energy solutions that positively impact the regions it serves.
PEG
Series C in 2019
PEG is an asset financing company that specializes in providing Pay As You Go solar energy products to off-grid customers in West Africa, particularly in Ghana, Cote d'Ivoire, and Senegal. Founded in 2013 by Hugh Whalan and Nate Heller, PEG aims to improve the quality of life for its customers by offering financing for solar home systems. This financing model allows households to transition from expensive and polluting fuel sources, such as kerosene, to sustainable solar energy, which not only enhances their living conditions but also serves as a long-term asset. PEG's solar systems provide access to better lighting, mobile phone charging, and appliances like radios and televisions, contributing to a more sustainable and efficient energy solution for underserved communities. Headquartered in Accra, Ghana, PEG is dedicated to promoting renewable energy and improving the standard of living for its customers through innovative financing solutions.
PEG
Debt Financing in 2019
PEG is an asset financing company that specializes in providing Pay As You Go solar energy products to off-grid customers in West Africa, particularly in Ghana, Cote d'Ivoire, and Senegal. Founded in 2013 by Hugh Whalan and Nate Heller, PEG aims to improve the quality of life for its customers by offering financing for solar home systems. This financing model allows households to transition from expensive and polluting fuel sources, such as kerosene, to sustainable solar energy, which not only enhances their living conditions but also serves as a long-term asset. PEG's solar systems provide access to better lighting, mobile phone charging, and appliances like radios and televisions, contributing to a more sustainable and efficient energy solution for underserved communities. Headquartered in Accra, Ghana, PEG is dedicated to promoting renewable energy and improving the standard of living for its customers through innovative financing solutions.
Ayana Renewable Power
Private Equity Round in 2019
Ayana Renewable Power Private Limited is an energy generation company based in Bengaluru, India, founded in 2017. The company specializes in developing utility-scale solar and wind generation projects across India and its neighboring countries, including Bangladesh, Nepal, Bhutan, Myanmar, and Sri Lanka. Ayana aims to enhance renewable energy generation capacities to facilitate a transition to low-carbon power generation. In addition to generating electricity, the company focuses on creating job opportunities in the renewable power sector and fostering community development through skill enhancement and employment initiatives.
Nachtigal Hydro Power
Debt Financing in 2018
Nachtigal Hydro Power is a developer and operator of a hydroelectric power plant located in Cameroon. The company focuses on the design, financing, and construction of the Nachtigal Amont hydroelectric development and the associated energy evacuation transmission line. By generating clean and renewable energy, Nachtigal Hydro Power aims to supply electricity to both residential and commercial sectors, contributing to the region's sustainable energy landscape.
Bujagali Energy
Debt Financing in 2018
Bujagali Energy operates a hydropower facility in Uganda with a generation capacity of 250 megawatts. As a subsidiary of SN Power AS, the company is dedicated to producing affordable and clean energy to meet the rising demand for power in the region. The facility includes essential components such as a power station, which allows Bujagali Energy to deliver energy efficiently and competitively. The project's primary goal is to address the acute need for new power sources, contributing to the overall energy landscape in Uganda.
Globeleq
Venture Round in 2017
Globeleq Generation Limited is a company that develops, builds, and operates renewable power projects primarily in Africa and the Americas. It manages a diverse portfolio of power generation assets, including natural gas, solar, wind, heavy fuel oil, and fuel oil facilities. By utilizing a range of power-generating technologies, Globeleq aims to support the growth of local communities and foster a sustainable future. Its operations focus on providing reliable energy solutions that positively impact the regions it serves.
Alcazar Energy
Debt Financing in 2017
Alcazar Energy is a renewable energy company specializing in the origination, development, structuring, acquisition, and operation of solar and wind energy projects in the Middle East, Turkey, and Africa. Founded in 2014 and based in Dubai, the firm focuses on creating sustainable energy solutions through its expertise in solar photovoltaic and onshore wind technologies. As the first independent investment company dedicated to renewable energy generation projects in the META region, Alcazar Energy aims to contribute significantly to the transition towards cleaner energy sources while promoting economic growth in the areas it serves.
Aten Solar Energy
Debt Financing in 2017
Aten Solar Energy purchases, stores and delivers high-quality Tier I solar modules.
Horus Energy
Debt Financing in 2017
Horus Energy is a company that provides a renewable energy platform as well as develops and constructs solar projects.
Zephyr Power
Venture Round in 2017
Zephyr Power develops 50 MW wind-power plant on wetland in a tidal and coastal locations.
Zephyr Power
Debt Financing in 2017
Zephyr Power develops 50 MW wind-power plant on wetland in a tidal and coastal locations.
Sembcorp Industries
Post in 2016
Sembcorp Industries is a global energy, water, and marine group operating across six continents. It generates power through thermal and renewable energy sources, with a gross capacity of 5,800 megawatts in operation and under development. The company also provides water treatment services, handling and storage of petroleum products, and offers integrated solutions for offshore and marine industries. With a balanced portfolio of thermal and renewable energy assets totaling approximately 4.8 gigawatts in India alone, Sembcorp is a trusted provider of essential energy and water solutions to both industrial and municipal customers. The group has total assets of over S$12.5 billion and employs over 9,000 employees worldwide.
Akiira Geothermal
Venture Round in 2016
Akiira Geothermal Limited is a company focused on geothermal exploration and the development of power plants in Kenya. Established in 2014 and headquartered in Nairobi, it harnesses geothermal resources located in the Kenyan segment of the Rift Valley. By engaging in greenfield geothermal power projects, Akiira Geothermal generates electrical power, contributing to the region's energy needs while promoting sustainable energy solutions.
Virunga Energies
Debt Financing in 2016
Virunga Energies produces, distributes and markets clean and renewable hydroelectric energy.
Virunga Power
Venture Round in 2016
Virunga Power is an electric utility company that develops, invests, and operates of renewable power projects and rural distribution grids. Their focus is on megawatt-scale rural utility projects across several countries in East Africa and beyond with a goal of bringing high-quality, low-cost power to rural communities that currently lack reliable access to modern energy. They engage local and regional stakeholders to tailor renewable power solutions to match local needs and resources. The company's mission is to build the leading rural utility company in sub-Saharan Africa and to continuously strive to bring the full benefits of electrification to new rural communities and consumers in a sustainable manner. It provides clean electricity to communities living in and around Virunga National Park in North Kivu, Eastern Congo.
Globeleq
Private Equity Round in 2015
Globeleq Generation Limited is a company that develops, builds, and operates renewable power projects primarily in Africa and the Americas. It manages a diverse portfolio of power generation assets, including natural gas, solar, wind, heavy fuel oil, and fuel oil facilities. By utilizing a range of power-generating technologies, Globeleq aims to support the growth of local communities and foster a sustainable future. Its operations focus on providing reliable energy solutions that positively impact the regions it serves.
Summit Power International
Debt Financing in 2014
Summit Power International Limited is an independent power producer based in Singapore, primarily engaged in electricity generation and supply in Bangladesh. Established in 2016, the company is a key player in the energy sector, holding 17% of the private installed capacity in the country. Summit Power operates a diverse portfolio of 15 power plants with a total installed capacity of approximately 976 MW, supplying electricity to both the Bangladesh Power Development Board and the Bangladesh Rural Electrification Board. The company also utilizes a Floating Storage and Regasification Unit (FSRU) that delivers 500 mmcfd of gas, contributing to its operations. With strategic partnerships, including a significant stake held by JERA Co., Inc., Summit Power is actively expanding its clean energy initiatives. Current projects include the 590 MW Meghnaghat II dual-fuel plant and a third FSRU project, emphasizing the company's commitment to enhancing energy security and promoting sustainable growth in Bangladesh.
Green Infra
Private Equity Round in 2013
Green Infra is a privately held company produces and provides renewable energy power in India. It focuses on wind, solar, hydro, biomass, and energy efficiency verticals.
Moser Baer Solar
Series B in 2008
Established in 1983 in New Delhi, Moser Baer India Ltd (MBIL) is one of India's leading technology companies. MBIL has successfully developed cutting edge technologies to become the world's second largest manufacturer of optical storage media. Moser Baer Solar Limited (MBSL) and Moser Baer Photo Voltaic Ltd (MBPV) are subsidiaries of MBIL involved in Solar business globally including India. Through both these companies Moser Baer serves customers across the solar value chain through world class products and services. In a short span of time since inception in 2005-2007 Moser Baer brand has taken a dominating position in Solar EPC Services and Solar PV modules in India and the world.
Moser Baer Solar
Venture Round in 2007
Established in 1983 in New Delhi, Moser Baer India Ltd (MBIL) is one of India's leading technology companies. MBIL has successfully developed cutting edge technologies to become the world's second largest manufacturer of optical storage media. Moser Baer Solar Limited (MBSL) and Moser Baer Photo Voltaic Ltd (MBPV) are subsidiaries of MBIL involved in Solar business globally including India. Through both these companies Moser Baer serves customers across the solar value chain through world class products and services. In a short span of time since inception in 2005-2007 Moser Baer brand has taken a dominating position in Solar EPC Services and Solar PV modules in India and the world.
PV Technologies India
Private Equity Round in 2007
PV Technologies India is manufactures thin-film solar cells.
Globeleq
Private Equity Round in 2001
Globeleq Generation Limited is a company that develops, builds, and operates renewable power projects primarily in Africa and the Americas. It manages a diverse portfolio of power generation assets, including natural gas, solar, wind, heavy fuel oil, and fuel oil facilities. By utilizing a range of power-generating technologies, Globeleq aims to support the growth of local communities and foster a sustainable future. Its operations focus on providing reliable energy solutions that positively impact the regions it serves.
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