FMO is a financial investment firm that specializes in financing businesses and projects FMO invests across the agribusiness value chain to enhance food security, support sustainability and promoting inclusive development.
Acciona is a leading Spanish corporation specializing in sustainable solutions for infrastructure and renewable energy projects. Established over a century ago, it employs more than 30,000 people and operates in over 30 countries across five continents. The company is structured into two main divisions: energy and infrastructure. The energy division emphasizes renewable technologies, focusing on wind, solar, hydro, and biomass, while the infrastructure division includes construction, water treatment, and various service lines. Acciona undertakes projects through government concessions or independent opportunities, ensuring a commitment to sustainability through its Sustainability Master Plan, which aims to facilitate the transition to a low-carbon economy by optimizing resource use and minimizing environmental impact.
Hydrobox
Debt Financing in 2024
Hydrobox specializes in the development and manufacturing of hydropower plants that harness the energy of flowing water to generate electricity. The company focuses on renewable energy solutions, including mini-grids and solar power, aimed at improving electrification and reliability in off-grid areas, particularly in Kenya. By leveraging advanced AI technology and smart grid services, Hydrobox enhances the efficiency and sustainability of its energy systems, contributing to broader efforts in promoting clean energy and environmental sustainability.
Mawingu Networks
Venture Round in 2024
Mawingu uses high-performance low-cost wireless technology and solar power to build fast internet networks in rural areas. Customers use Wi-Fi to connect. Mawingu’s unique application of open technologies enables a world-class scalable network, with open and secure roaming in a highly challenging geographical environment
Nithio
Debt Financing in 2024
Nithio Holdings is an energy finance company focused on the off-grid sector in Africa. Nithio is an energy finance platform that provides services to distributed energy service companies, capital providers, governments, and other stakeholders in the distributed solar energy sector in Africa. It was founded in 2018 and headquartered in Washington, District of Columbia.
Ecofy
Debt Financing in 2024
Ecofy is a non-banking financial company (NBFC) based in India that focuses on providing financial solutions specifically for eco-friendly initiatives. The company offers a range of services, including loans, leases, and insurance, aimed at promoting sustainability. Ecofy's platform is designed to support users in making environmentally friendly choices by financing green asset classes such as electric vehicles, rooftop solar installations, and energy efficiency projects. By facilitating these investments, Ecofy helps businesses and individuals reduce their carbon footprint and contribute to a more sustainable future.
Red Rocket South Africa
Venture Round in 2023
Red Rocket South Africa (Pty) Ltd, incorporated in 2011 and based in Cape Town, specializes in the development, design, construction, operation, and ownership of utility-scale, grid-connected renewable energy projects. Its portfolio includes various energy sources such as wind, solar, hydro, and biomass, and the company operates across multiple countries in Africa. As an integrated power plant, Red Rocket focuses on delivering clean energy solutions to meet the growing demand for sustainable energy in the region.
Okra Solar
Series A in 2023
Okra Solar is an innovative technology company based in Sydney, Australia, focused on providing rural communities with access to affordable solar energy solutions. Founded in 2016, the company leverages IoT technology and machine learning to create a plug-and-play smart grid system that facilitates the sharing and efficient distribution of energy among solar-generating households. Their approach includes mobile payments, modular grid design, and remote monitoring, enabling utility companies to operate solar networks in hard-to-reach areas at a lower cost. By providing real-time data through cloud software, Okra Solar equips grid owners with the information necessary for effective scaling and management of solar networks. The company's mission is to connect off-grid communities to modern energy resources, fostering the growth of energy-abundant microgrid economies and ensuring reliable and affordable energy access for these underserved populations.
Sun King
Debt Financing in 2023
Sun King is a solar energy company that specializes in designing, distributing, installing, and financing solar home energy products in Africa and Asia. The company offers a range of solutions, including solar home systems, inverter systems, solar lamps, LED lights, and portable chargers, catering to communities with limited access to reliable energy. To enhance affordability, Sun King provides pay-as-you-go financing options, enabling customers to make small payments over time instead of facing high initial costs. By collaborating with a network of international distribution partners, Sun King aims to expand the off-grid energy market and improve energy access for households and businesses.
GreenYellow
Debt Financing in 2023
GreenYellow is a company focused on generating electricity through centralized power plants and developing decentralized photovoltaic projects. It offers solar panels and energy supply services tailored for various sectors, including food retail, non-food retail, government agencies, and public utilities. By enabling clients to produce and manage their own energy, GreenYellow enhances value through solar photovoltaics, energy efficiency, and optimization. The company also operates energy efficiency contracts and provides monitoring services, helping clients reduce their energy costs and access cleaner energy alternatives compared to traditional sources.
Mawingu Networks
Series B in 2023
Mawingu uses high-performance low-cost wireless technology and solar power to build fast internet networks in rural areas. Customers use Wi-Fi to connect. Mawingu’s unique application of open technologies enables a world-class scalable network, with open and secure roaming in a highly challenging geographical environment
AMEA Power
Debt Financing in 2022
AMEA Power is involved in the development, ownership, and operation of renewable energy projects, focusing on clean energy solutions across emerging markets, particularly in Africa. The company aims to enhance economic development and improve living standards by providing a diverse portfolio that includes thermal, wind, solar, battery storage, ammonia, and water desalination plants. By offering a variety of power solutions, AMEA Power seeks to meet the specific energy needs of the regions it serves, contributing to the global transition to clean energy while promoting environmental sustainability.
SolarX Africa
Convertible Note in 2022
SolarX commercial and industrial (C&I) solar company that provides clean and efficient solar solutions, through leasing options in frontier markets.
SolarX Africa
Series B in 2022
SolarX commercial and industrial (C&I) solar company that provides clean and efficient solar solutions, through leasing options in frontier markets.
Easy Solar
Series A in 2020
Easy Solar is a leading energy distribution company in West Africa, financing high-quality solar products and appliances for those with limited or no access to the conventional grid. Customers can finance their purchase over time by paying in weekly or monthly installments, with the option to pay via cash or mobile money. To date, Easy Solar has reached more than 400,000 beneficiaries, distributed through its extensive network of agents and outlets throughout Sierra Leone and Liberia.
Sun King
Private Equity Round in 2020
Sun King is a solar energy company that specializes in designing, distributing, installing, and financing solar home energy products in Africa and Asia. The company offers a range of solutions, including solar home systems, inverter systems, solar lamps, LED lights, and portable chargers, catering to communities with limited access to reliable energy. To enhance affordability, Sun King provides pay-as-you-go financing options, enabling customers to make small payments over time instead of facing high initial costs. By collaborating with a network of international distribution partners, Sun King aims to expand the off-grid energy market and improve energy access for households and businesses.
Lotsofwater
Grant in 2020
Lotsofwater is a developer based in Leiden, the Netherlands, specializing in offshore floating solar systems designed to generate clean and affordable energy. The company focuses on creating floating platforms that utilize renewable energy technology, capable of enduring challenging sea conditions for extended periods. These platforms are secured by a mooring system that maintains their position, ensuring stable connections to the energy grid. By providing innovative solutions for the government and energy sector, Lotsofwater enables exploration of new methods for energy generation, contributing to the transition toward sustainable energy sources.
Lakeside Energy
Debt Financing in 2019
Lakeside Energy is a renewable energy company sponsored by Pakistan's Naveena Exports.
SolarCreed
Debt Financing in 2019
SolarCreed is a company focused on developing solar energy systems aimed at empowering farmers in Africa. By providing innovative products such as solar lights, solar pumps, and solar generators, SolarCreed enables farmers to harness solar energy for various agricultural needs, including growing, preserving, packaging, and distributing food. These systems help reduce costs and enhance the productivity of small agribusinesses, ultimately contributing to the transformation of farming communities across the continent.
Avaada
Debt Financing in 2019
Avaada is a renewable energy company focused on the development and operation of solar and wind power projects. The company aims to integrate business objectives with environmental sustainability and social responsibility, fostering mutual benefits for both the community and its shareholders. Avaada engages in various initiatives that contribute to the socio-economic development of the communities in which it operates, enhancing their quality of life. Additionally, Avaada is involved in solar and electrolyzer manufacturing, as well as the development of green hydrogen and ammonia, striving to create a positive impact through sustainable aviation fuel and green methanol. By working towards reducing carbon emissions, Avaada is committed to empowering communities and promoting a sustainable future.
Ignite Holding Company Inc.
Debt Financing in 2018
Ignite Holding Company Inc. was a technology startup that provided prepaid solar power in off-grid communities in Guatemala and Colombia under the Kingo tradename. Ignite was acquired in 2022 by Kingo Holding Company, Inc.
Azure Power
Post in 2018
Azure Power specializes in the production and sale of solar energy in India, focusing on the development, construction, ownership, operation, maintenance, and management of solar power plants. The company provides clean and affordable solar energy to its customers by absorbing the upfront costs associated with asset acquisition and operation. This model allows customers to benefit economically from renewable power without the complexities of ownership. Approximately 90% of Azure Power's operational capacity is located in high irradiation zones, including states such as Rajasthan, Gujarat, Maharashtra, and Andhra Pradesh. The company generates revenue from a diverse mix of Indian central and state government utilities as well as commercial entities, primarily through its core segment of power sales.
JCM Power
Venture Round in 2018
JCM Power Corporation is an independent power producer based in Toronto, Canada, specializing in the development and operation of renewable energy projects in Africa, Latin America, and South Asia. Established in 2009, the company focuses on utility-scale solar photovoltaic projects, wind energy initiatives, and high-voltage direct current (HVDC) transmission systems. With regional offices in Mexico, South Africa, and Pakistan, JCM Power leverages its extensive development expertise—gained from over 70 projects in Canada—to address the growing demand for renewable energy solutions in emerging markets. The firm is currently working on a multi-billion dollar portfolio aimed at enhancing clean power generation in regions with limited experience in renewable technologies.
Azure Power
Post in 2017
Azure Power specializes in the production and sale of solar energy in India, focusing on the development, construction, ownership, operation, maintenance, and management of solar power plants. The company provides clean and affordable solar energy to its customers by absorbing the upfront costs associated with asset acquisition and operation. This model allows customers to benefit economically from renewable power without the complexities of ownership. Approximately 90% of Azure Power's operational capacity is located in high irradiation zones, including states such as Rajasthan, Gujarat, Maharashtra, and Andhra Pradesh. The company generates revenue from a diverse mix of Indian central and state government utilities as well as commercial entities, primarily through its core segment of power sales.
Ignite Holding Company Inc.
Series B in 2017
Ignite Holding Company Inc. was a technology startup that provided prepaid solar power in off-grid communities in Guatemala and Colombia under the Kingo tradename. Ignite was acquired in 2022 by Kingo Holding Company, Inc.
Ignite Holding Company Inc.
Convertible Note in 2016
Ignite Holding Company Inc. was a technology startup that provided prepaid solar power in off-grid communities in Guatemala and Colombia under the Kingo tradename. Ignite was acquired in 2022 by Kingo Holding Company, Inc.
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