New investment model for the off-grid-energy sector in Africa

shelter new House

A new investment model for the off-grid-energy sector in Africa that seeks to bring securitization to the off-grid sector in Africa has been developed by the Dutch investment firm Oikocredit International teams with London solar innovator BBOXX.

Backed by New York merchant bank Persistent Energy Capital LLC, the program aims to raise up to $2 billion over the next five years to turn solar in Africa into an asset class, and creating contracts for thousands of solar rooftop arrays to sell as bonds to investors.

Read more from the PV magazine >>.

 

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