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AfDB Sponsored Off-Grid Energy Access Fund Successfully Raises $59 Million

The fund has closed several deals so far

January 29, 2020

/ Nithin Thomas
/ Finance and M&A, Other,
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The African Development Bank (AfDB) recently announced that the Facility for Energy Inclusion’s Off-Grid Energy Access Fund (FEI OGEF) reached its final equity close target of $59 million (~₹4.17 billion) in committed equity capital and $36 million debt facilities to promote off-grid energy access.

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Nithin Thomas

More articles from Nithin Thomas.
AfDBAfricaDebtenergyfinanceFundinvestmentOff-grid
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