Private Sector Partners


Development Partners


Private Sector


U.S. Government Agencies

To date, our more than 100 private sector partners have pledged to develop nearly 16 GW of critical generation projects as part of Power Africa, resulting in over $40 billion in commitments for new power generation.

As part of Power Africa's Beyond the Grid sub-initiative, over 40 private sector partners are focused primarily on developing mini-grid and distributed power services and infrastructure in sub-Saharan Africa's rural and peri-urban populations.

To jump to a partner description, please click on the partner name in the list below: (* Beyond the Grid Partner)

 

The Abraaj Group

The Abraaj Group is a leading private equity investor operating in the growth markets of Africa, Latin America, the Middle East, South Asia, South East Asia, Turkey and Central Asia. Employing over 300 people in over 25 offices, the Group manages $7.5 billion across 20 Funds. Abraaj has a proven track record of helping energy companies create value and achieve socio-economic impact, including working with utility companies to reduce load shedding, increase collections, embrace sustainability, and engage stakeholders.

  • With a legacy of investing in Africa for two decades, Abraaj is a recognized pioneer among investors in Africa. Abraaj will partner with Power Africa to lead a delegation of operational experts and investors that have been involved in its energy investments to one or more of the initiatives' focus countries to identify opportunities for power utility improvement and investment.

Access

Access

Access Power (Access) is a developer, owner and operator of power plants in emerging and frontier markets. Access today is one of the fastest growing independent power producers in emerging markets and is currently developing renewable energy projects worth over US$1 billion in 20 countries across Africa and Asia, including Egypt, Mali, Nigeria, Zambia and Malawi. In late 2016, Access commissioned East Africa’s largest solar power plant, in Soroti, Uganda. That facility is today providing clean energy for 40,000 homes, schools and small businesses. Our firm’s mid-size modular projects can be readily integrated into the existing grid, providing power for the populations of fast growing, energy-poor markets. Our development team has a depth of experience in developing and building large portfolios of renewable energy projects, with a collective track record of financially closing 30 GW of power projects across the globe.

Actis 

Actis

Actis is a leading independent fund manager focused exclusively on investing in growth markets (Africa, Latin America, South East Asia, India and China).  Actis has a strong track record of investing in power generation and distribution in sub-Saharan Africa and has a pipeline of projects and investments across the continent.  Actis supports the Power Africa initiative by investing $1.3 BN in power projects or companies and supporting 4 million new connections in sub-Saharan Africa by 2024.

Acumen

Acumen's mission is to change the way the world tackles poverty by investing in companies, leaders, and ideas. Acumen raises charitable donations to make debt or equity investments in business models that deliver critical goods and services to the world's poor. Since 2001, Acumen has invested $88 million in 82 companies providing agricultural inputs, quality education, clean energy, healthcare services, formal housing, safe drinking water, and sanitation services to low-income customers in India, Pakistan, East Africa, West Africa, and Latin America. To date, Acumen's investments have impacted over 120 million lives. Acumen is building a global community of emerging leaders with the financial and operational expertise and the moral imagination to build a more inclusive world, and we are committed to learning at the edge and sharing ideas insights from our work.

AEG International

AEG International (AEG) is a North Carolina (USA) solutions company created to solve some of the world’s most pressing problems for those most in need. AEG’s purpose is to make a positive impact on the world by lighting the night, providing clean and renewable energy, and supplying clean water throughout the world. We engineer, design and build only the highest quality products. AEG offers a large array of products and engineering services throughout Africa. Solar solutions range from solar lantern kits to solar streetlights to multi-MW solar farms. AEG also provides a wide range of water purification solutions, both fixed or mobile.

Aeolus Kenya Ltd

Aeolus Kenya Ltd funds the development and implementation of financially viable, clean and sustainable renewable energy projects as distributed hybrid supply systems for rural areas. It also transfers managerial, financial and technological know-how and strengthens socio-economic development throughout Kenya. In support of Power Africa, Aeolus Kenya Ltd commits to:

  • Begin construction of two projects by the end of 2014, the Kinangop Project, a 61 MW wind farm in Kenya and a 100 MW wind farm in Tanzania. Both projects represent an investment of $450 million.
  • Expand its activities to three additional Power Africa countries, focusing on wind, solar, geothermal and natural gas. 

AFCORP Investments (PTY) Ltd.

AFCORP Investments (PTY) Ltd. is a specialist Pan-African private investment banking and advisory company headquartered in Johannesburg, South Africa and with a regional office in Nairobi, Kenya. AFCORP works with investors and operating companies to develop, structure, implement, and finance growth strategies. As part of its partnership with Power Africa, AFCORP is:

  • Undertaking an effort to structure, market, establish and manage a $250 million pension-backed renewable energy fund focused on funding market-based development of small- to medium-scale renewable energy ventures in East Africa.
  • Committing $2 million worth of professional and technical expertise towards surveying addressable markets, conducting requisite studies and the pursuant technical analysis to incisively inform the development of a comprehensive Information Memorandum which is to be pitched to target investors, with a principal focus on local pension funds as anchor partners.

 

Africa Infrastructure Investment Managers

Africa Infrastructure Investment Managers is a South Africa-based fund manager focused on African infrastructure investments with 13 years of experience in Africa and five funds under management totaling in excess of $1.3 billion. AIIM is a joint venture between Macquarie Africa (Pty) Ltd, a wholly-owned subsidiary of Macquarie Group Limited, and the Old Mutual Investment Group (South Africa) (Pty) Ltd. Over the next several years, AIIM intends to:

  • Invest directly in energy projects: To advance the Power Africa goal of providing access to clean, reliable energy in Nigeria and Kenya, AIIM seeks to complete the Azura Gas Power Project - a 450 MW plant in Edo State, Nigeria, the Kinangop Wind Farm, a 60.8 MW wind power project outside of Nairobi, Kenya, and a potential gas power plant in Ghana representing a total investment of $170 million leveraging about $1.2 billion for all three projects.
  • Channel local pension capital into infrastructure projects: With the possible support of US government guarantees, AIIM aims to catalyze $70 million of Nigerian Pension Fund capital into an infrastructure fund, the Nigerian Infrastructure Investment Fund 1, which will invest in infrastructure projects predominantly in Nigeria (75%) and other West African countries (25%). AIIM will leverage this with an additional $30 million from development finance institutions. AIIM will consequently raise NIIF2 a few years after that, aiming to catalyze $200 million of local Nigerian pension fund Capital and $100 million of DFI capital.

African Finance Corporation

Africa Finance Corporation (AFC) is an international finance institution established by agreement between independent African sovereign states with a mandate, inter alia, to develop and finance infrastructure projects in African countries including the six selected Power Africa countries. AFC's mission is to foster economic growth and industrial development of African countries, while delivering a competitive return on investment to its shareholders. Over the next five years, and as part of its commitment to the Power Africa Initiative, AFC intends to invest up to $250 million in the form of development capital, equity, debt, and quasi equity, including:

  • To advance the Power Africa goal of providing access to clean, reliable energy across Africa, AFC seeks to complete the Cenpower (Kpone) project - a 340 MW thermal closed cycle power plant in Ghana - and finance a 30MW geothermal power project in Kenya.
  • In Nigeria, AFC seeks to provide approximately US$200 million of financing to support the privatization of the Nigerian electricity sector.
  • Through its involvement in the program, AFC aims to catalyze over a US$1billion in investment for energy projects in the Power Africa Countries over the next five years in terms of total project cost and co-investment opportunities. This will potentially increase access to electricity to 360 million users in these countries.
  • AFC aims to provide the Power Africa Countries with access to financial, deal structuring and sector technical expertise as well as advisory services, project development capacity, and funding.

African Power Corporation

African Power Corporation (APC) is an investment holding company that is dedicated to the long-term growth of Africa’s power sector. We invest in and help grow companies that are involved in the development, ownership and operation of energy supply, power generation, transmission and distribution systems across Africa.

Our approach involves using the international capital markets to bridge an important gap in the funding of the sector over the next twenty years and beyond. APC is also committed to supporting the growth of Africa’s capital markets and will actively support the listing of Africa’s power companies on its domestic and regional stock exchanges.

Over the next five years, as part of its commitment to the Power Africa initiative, APC intends to participate in the development of over 500MW of power projects, predominantly in Power Africa countries. 

Aldwych International

To advance the Power Africa initiative in sub-Saharan Africa, Aldwych has worked on the development and construction of the 310MW Lake Turkana wind farm in Kenya, the 450MW Azura-Edo power project in Nigeria and the 200MW Amandi dual-fuel power plant in Ghana, a total investment of some $2 billion.  The plants will be commissioned in 2018 and 2019.

 

Angaza

Angaza

Angaza’s Pay-As-You-Go solution enables businesses to extend flexible solar payment plans to the billion individuals without access to grid electricity. Our platform allows manufacturers and distributors of off-grid energy products to expand their customer base and access data–driven market insights. Angaza’s partners can launch their Pay-As-You-Go program today without the investment of building and operating the necessary technology.

For manufacturers, Angaza has multiple options to embed Pay-As-You-Go technology into their products, based on their distribution channels, target markets and product price points.

  • Cable-based technology – the lowest cost option; well suited for small scale, portable Pay-As-You-Go products.
  • Keypad technology – uses direct SMS communication with customers; removes the need for a sales agent network (for markets with mobile money solutions).
  • GSM technology – relies on cellular networks to transmit data between the product and Angaza’s platform, the Energy Hub.

For distributors, the Angaza Energy Hub is a customizable, web interface that manages all aspects of a Pay-As-You-Go distribution network and supports the Pay-As-You-Go devices produced by our manufacturing partners. Distributors also have access to the Angaza Activator, a smart-phone app that facilitates distribution operations in the field.

Based in San Francisco and Nairobi, Angaza’s platform is operating in India, Kenya, Malawi, Nicaragua, Pakistan, Sierra Leone, South Africa, and Uganda. New country launches scheduled for 2016 include Benin, Côte d'Ivoire, Madagascar, Myanmar, Rwanda, Senegal, and Tanzania.

Over the next five years, as part of our commitment to the Power Africa initiative, Angaza intends to make solar energy products affordable to 5 million African families with PAYG. We will scale support of PAYG distribution in our currently active African markets as well as launching new distribution partnership across the continent. Additionally in support of Power Africa, Angaza plans to engage with U.S. government agencies on how additional USG tools can help address finance and capacity gaps in the small scale energy sector.

Ariya Capitol Group

Ariya Capital Group (“Ariya”) is an experienced developer and investor in clean energy and infrastructure projects throughout sub-Saharan Africa. Ariya has a highly experienced management team, a unique and proprietary pipeline of well-structured, bankable, privately-financed, high-profile clean energy and infrastructure projects throughout sub-Saharan Africa and a clear vision to become a leading clean energy independent power producer on the continent delivering superior financial returns and maximising our positive social and environmental impact. 

Ariya is headquartered out of Nairobi with offices in the UK, South Africa and Jersey. The company is focused on two mutually reinforcing sectors: clean energy and ICT.

As part of its commitment to Power Africa, Ariya aims to catalyze US$ 600 million in investment for energy projects in the current Power Africa countries over the next five years. These planned activities are aligned with the goals of the Power Africa Initiative to increase access to clean, reliable power in Africa, and are expected to increase the quantity of power available to 133 million users by 740 MWs.

 

Azura

Azura Power Holdings is majority owned by Amaya Capital, the founder and lead sponsor of the 450MW ($876 million) Azura-Edo IPP located in Benin City, Nigeria. Whilst Amaya Capital is the controlling stakeholder in the Azura-Edo project, other equity investors in the Azura-Edo project include American Capital Energy & Infrastructure; African Infrastructure Investment Managers; Aldwych Azura Ltd; and the ARM-Harith Infrastructure Fund. The Azura-Edo IPP reached financial close on 28th December 2015 with the debt financing sourced from 15 banks representing nine different countries. The completion of the financing for the Azura-Edo IPP represents the second major infrastructure investment by Amaya Capital, the first being Seven Energy, the gas infrastructure company. Through its investments in Seven Energy and Azura, Amaya Capital has been the lead sponsor and active investor in two companies responsible for the deployment of over $3 billion of capital. These early stage investments have played a catalytic role in the development of commercially viable markets in Nigeria’s gas and electricity sectors.

Azuri Technologies

Azuri Technologies is a UK based commercial provider of PayGo solar lighting to rural off-grid communities in over 10 countries across sub Saharan Africa. By combining mobile and solar technology, customers can pay for their solar home system on a PayGo basis as they use it, just like they pay for their phones and kerosene. Over the course of typically 18 months, the purchase of scratchcards allows the system to be paid off and the customer can choose to either unlock their Azuri system forever or upgrade to a larger model.

Bamboo Finance

Bamboo Finance is a commercial private equity firm specializing in investing in business models that benefit low-income communities in emerging markets. Bamboo Finance manages $250 million, representing two global funds and a combined portfolio of 46 investments across 30 countries. Bamboo has a track record of demonstrated commercial returns, and a portfolio of investments that have provided services to over 16 million clients and created more than 20,000 jobs.

Barclays Africa Group Limited

Barclays Africa Group Limited (Barclays Africa Group) acting through its corporate and investment banking division, provides corporate and investment banking services to large corporate, government, and institutional clients throughout the African continent. The Barclays Africa Group has an established footprint in 12 African countries (Botswana, Ghana, Kenya, Mauritius, Mozambique, Namibia, Nigeria, Seychelles, South Africa, Tanzania, Uganda and Zambia) while Barclays Bank PLC has operations in Egypt and Zimbabwe - which are an integral part of our African business and continues to be run by Barclays Africa Group’s management.

Over the next several years, as part of its commitment to Power Africa, Barclays Africa Group intends to:

  • Commit a minimum of $500 million to a pipeline of proposed clean power projects in Power Africa countries that are expected to increase the quantity of power by up to 12,500 MWs (the Proposed Projects), subject to further due diligence, bankability and relevant internal approvals.
  • Seek to arrange financing and/or provide advisory services in respect of the Proposed Projects, as required;
  • Provide financial and sector know-how to public sector institutions in order to facilitate robust investment climates; and
  • Provide continued access for Power Africa countries to a combination of best practice advisory and arranging services for both private and public debt and equity capital markets.

BBOXX

BBOXX is a London based company that designs, manufactures, distributes and finances off-grid solar systems across the developing world. We operate in over 14 countries mainly in Africa and have sold over 40,000 systems since our inception in 2010. We provide end-customer financing solutions across our distribution networks to overcome the main barrier to mass market absorption which is the financial access to make solar systems competitive with existing carbon based energy solutions. We have developed the required hardware and IT systems to monitor and pro-actively manage our solar systems in the field over the long term."

Beyond Capital Fund

Beyond Capital Fund ("BCF") is an impact investment fund that promotes economic development in impoverished communities through our investments. Our focus is in the water, waste and sanitation, healthcare and energy sectors in India and East Africa. We are registered as a public charity. By addressing the lack of seed capital for social businesses, we specialize in providing early-stage financial investment along with management assistance, mentoring and expert advisory services. With our rigorous investment process, our aim is to achieve sustainability and scaled social impact for businesses that operate for the advancement of the population at the base of the economic pyramid.

BioTherm Energy 

BioTherm Energy

BioTherm Energy develops, finances, constructs and operates renewable projects with a pan-African focus with over 1 GW of projects in its pipeline. To that end, it has created a vertically integrated development team that can deliver across all stages of wind and solar development activities including project sourcing, site development, contracts negotiation, project financing, construction and operation of its projects.

To date, the company operates one wind and two solar PV projects (48MW) in South Africa, where it has also been awarded four additional projects, for a total capacity of 283MW. In addition, BioTherm Energy has secured through solar PV tenders 34MW in Burkina Faso, 10MW in Zambia and 20MW in Ghana and is actively developing other wind and solar projects across the continent.

By end of 2020, as part of its commitment to the Power Africa Initiative, BioTherm Energy intends to invest approximately $330 million in sustainable energy projects. These projects are expected to provide a more secure access to electricity to 1 million households and businesses with an estimated 1 GW.

Black Rhino

Black Rhino Group is a project development company focused on investments in the energy infrastructure sector. They believe that energy, power and fuel are key foundational elements to the development of African economies. Black Rhino is targeting Djibouti, Ethiopia, Mozambique, Nigeria, and South Africa, with potential projects in Togo and select other jurisdictions. Over the next several years, as part of its commitment to the Power Africa Initiative, Black Rhino intends to develop up to 3,940 MW of additional generating capacity in Nigeria and Djibouti through the development of both solar and natural gas-fired generation projects. These projects will catalyze over $7 billion in investments and will add significant additional generating capacity to the grid, thus assisting Power Africa in meeting its goal of providing access to clean, reliable energy in Sub-Saharan Africa while bringing much need reliable power to significantly underserved regions and populations. Additionally, in an effort to build a holistic energy security program in Nigeria, Black Rhino intends to develop a $3 billion offshore natural gas pipeline system to reduce flaring of gas, to foster additional opportunities for gas-fired generation, and to ensure adequate onshore fuel supply.

Blue Haven Initiative

Blue Haven Initiative (BHI) invests in innovative for-profit business models that deliver products and services to people and businesses that are underserved or out of reach of existing infrastructure. BHI’s direct investment strategy has the dual goal of achieving both best-in-class venture returns and maximum social and environmental impact. Targeting businesses in sub-Saharan Africa, as part of its commitment to Power Africa, BHI intends to:

  • Invest at least an additional $5 million in energy solutions in east and southern Africa
  • Provide debt and equity investment capital to support the expansion of manufacturing and distribution companies that improve access to clean, reliable energy solutions in east and southern Africa
  • Work with other Power Africa investor partners to provide entrepreneurs with long term, values aligned funding to scale
  • Bring together and participate in partnerships with government and private sector players to create well-structured investment opportunities that can expand or enhance Power Africa

 

Burmeister & Wain Scandinavian Contractor A/S (BWSC)

Burmeister & Wain Scandinavian Contractor A/S (BWSC)
 
Burmeister & Wain Scandinavian Contractor A/S (BWSC) is a world-leading turn-key contractor and operator for medium and large scale diesel and gas engine based power systems and biomass fired power plants in the range of 15 to 70 MWs.  The company’s experience and expertise range from every aspect of plant design to rehabilitation, operation, maintenance, and financing. Within the past three decades, BWSC has supplied 182 power plants to 53 countries, with a total generating capacity in excess of 3,400 MWs.
 
During the development phase, BWSC can provide financing assistance based on in-house experience with project-funding and drawing on an extensive network of financial institutions, pension funds and lenders, including export credit agencies. Further, BWSC can invest and provide asset management services as an active owner through the lifetime of the plant. BWSC has an in-depth knowledge of the culture and business environment in Africa, acquired through more than three decades in designing, constructing and operating diesel engine driven power stations, including transmission / distribution systems in Africa; a total of more than 50 projects throughout the continent have given us a unique insight into the implementation of projects in Africa.

As part of its commitment to Power Africa, BWSC aims to provide 290 MWs of new generation in sub-Saharan Africa.

 

Capricorn Investment Group

Over the next several years, as part of its commitment to Power Africa under Beyond the Grid, Capricorn intends to: advance the Beyond the Grid goal of providing access to clean, reliable energy, to invest in companies providing solar power, hybrid power systems, mini-grid installations, energy storage systems, and mini-hydro power systems, increasing energy access for communities currently lacking reliable power.

Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Citi’s commitment to Power Africa
Over the next several years, as part of its support for Power Africa, Citigroup intends to:

  • Enable US$ 2.5 billion in incremental capital for the energy sectors in Power Africa countries over the next five years, which will increase access to electricity to millions of users in the region.
  • Leverage its financing expertise in renewable energy, particularly solar and wind power, to accelerate the adoption and implementation of the appropriate technologies for the specific markets.
  • Work with the key stakeholders in the respective local capital markets to introduce innovative debt securities and to enhance its financial infrastructure. Accelerating the development of local capital markets will not only mobilize domestic savings but also attract greater international financial resources to the Power Sector in the region.
  • Deploy its systems and technology to enhance the payment and collections capability of the various providers in the Power Africa markets to increase the efficiency and transparency along the entire supply chain.

Consolidated Infrastructure Group Limited

Consolidated Infrastructure Group

Consolidated Infrastructure Group Limited (CIG) is a provider of infrastructure services and products and investor in critical infrastructure projects throughout the African continent and the Middle East, more than 25 countries in all. Key sectors include power, water and waste management and building materials. The group is headquartered in Johannesburg, South Africa and listed on the Johannesburg Stock Exchange.

CIG is focused on adding more capacity to the grid through investments in generation and grid connections or improving the quality, therefore throughput, of power that consumers receive from the grid. Currently CIG is working on investments in up to 5 African countries along with major transmission infrastructure projects in more than 15 countries.

Corporate Council on Africa (CCA)

The Corporate Council on Africa is a nonprofit, membership-based organization established in 1993 to promote business and investment between the United States and the nations of Africa. CCA is the premier American organization devoted to U.S.-Africa business relations and includes as members more than 180 companies, which represent nearly 85 percent of total US private sector investments in Africa. CCA's members range from America's smallest to largest corporations, and CCA's Board has recently invited African corporates to join CCA to foster partnerships for US trade and investment. They represent a diverse pool of industries from more than 20 key sectors, including agribusiness, energy, infrastructure, security, power, healthcare, telecommunications and finance. The US-Africa Business Center (USABC), a program of CCA launched in 2010 through a grant from USAID, will increasingly focus on clean energy and renewables in addition to supply chain development, agriculture and trade. The USABC provides a critical link between the public and private sectors to facilitate more business involvement in Africa. Since its creation, the USABC has facilitated countless private sector connections, expanded the network of companies focused on Africa and launched a new web portal that will enable it to scale up its activities and expand its reach.

  • CCA and the USABC will focus efforts on increasing investment between the United States and the Power Africa countries and facilitating expanded US and African business relationships that could lead to increased deal activity in clean energy and renewables. To advance this commitment over the next 12 months, CCA and the USABC will host a series of events, including a roundtable connected to the October 2013 US-Africa Business Summit in Chicago. The US-Africa Business Summit is the largest event of its kind and has traditionally drawn 1,500 or more participants from the private sector and government.
  • CCA will also play a crucial advocacy, outreach and communications role to support policy dialogue, development and implementation and will provide a platform for information, analysis and dialogue for private and public stakeholders in the sector.
  • On an ongoing basis, the USABC will help familiarize US energy companies and investors with potential investment opportunities in Africa and will reach out to local African businesses working in the energy sector.

 

CPCS Development International Ltd

CDIL

CPCS Development International Ltd (CDIL) develops renewable energy infrastructure in Africa. Harnessing the strengths and local presence of its parent company CPCS, an global management consulting firm, CDIL focuses on early stage development of clean power projects.

CDIL committed to Power Africa:

  • $180million USD in renewable power projects in sub-Saharan Africa.
  • 100 megawatts of capacity 2018.

http://www.cdevint.com/

CrossBoundary LLC

CrossBoundary LLC is a frontier market investment firm. Our mission is to unlock the power of private capital to impact underserved markets. The firm has broad experience providing opportunity sourcing, due diligence, transaction advisory and investment expertise in sub-Saharan Africa. We work with investors to navigate unconventional markets, support frontier market companies to identify and raise capital and advise policy makers on investment climate reform.

d.light

Founded in 2006 as a for-profit social enterprise, d.light manufactures and distributes solar lighting and power products designed to serve the more than 2 billion people globally without access to reliable electricity. Through over a dozen field offices and four distribution hubs in Africa, China, South Asia and the United States, d.light has sold over 6 million solar light and power products in 62 countries, improving the lives of more than 30 million people.

Denham Capital Management and three of its portfolio companies - Endeavor Energy Holdings, BioTherm Energy, and Fotowatio Renewable Ventures (FRV)

Denham Capital Management and three of its portfolio companies - Endeavor Energy Holdings, BioTherm Energy, and Fotowatio Renewable Ventures (FRV) - will jointly each commit under the Power Africa initiative. Denham Capital is a leading energy-focused global private equity firm advising funds with approximately $7.3 billion of invested and committed capital. Endeavor, BioTherm and FRV are all privately-owned companies focused on investing in power generation facilities in Africa that expect to operate in, among others, the following African countries: Ghana, Tanzania, Ethiopia, Kenya and Nigeria. Over the next several years, as part of their commitment to the Power Africa Initiative, Endeavor, BioTherm and FRV intend to:

  • To Advance the Power Africa goal of providing access to clean, reliable energy in West Africa, Endeavor, BioTherm and FRV seek to invest in 1,000MW of power generation in West Africa - including wind power generation, solar power generation and thermal power generation, representing total investment of over $1.0 billion, with a special focus on Ghana. Endeavor seeks to provide as much as 800MW of thermal power generation in Ghana representing a total investment of over $0.8 billion.
  • Endeavor, BioTherm and FRV seek to invest an additional 1,000MW of power generation in Tanzania, Ethiopia, Kenya, Liberia and Nigeria - including wind power generation, solar power generation and thermal power generation, representing an additional total investment of over $1.0 billion.
  • These planned activities are expected to increase the quantity of power available to Ghana, Tanzania, Ethiopia, Kenya, Liberia and Nigeria by 2,000MWs, which has the potential to benefit roughly 2 million households and businesses or more by providing much need power generation.

Dominovas Energy Corp.

Dominovas Energy Corp. (DNRG) is an energy solutions company dedicated to delivering clean, efficient, and reliable electricity, on a multi-megawatt scale, to areas of the world that lack this precious and necessary commodity. With an eye on capturing this immense “green energy solutions” market opportunity, Dominovas Energy is committed to building and deploying the most technologically advanced and cost effective market-based energy solution available today.

As part of its commitment to the Power Africa Initiative, Dominovas Energy intends to:

  • Support and advance the Power Africa goal of providing access to clean, reliable energy, and efficient energy via its commitment to expanding capacity in sub-Saharan Africa. 
  • Partner with specific university systems in sub-Saharan Africa to train and hire local citizens to perform as plant operations engineers and technicians, as necessary for the installation, service, and ongoing maintenance of the RUBICON™ system.
  • Mobilize close to US $1 billion dollars of investment capital for energy projects over the next five years, resulting in increased access to electricity for more than 100 million users throughout sub-Saharan Africa. 

dVentus Technologies

dVentus is a U.S.-based renewable energy company with engineering and manufacturing operations in Ethiopia. dVentus provides full custom design and manufacturing of generators and converters for wind, small hydro, wind diesel, combined heat and power, and small electric meters and distributed management systems for smart grid technology. The company’s vision is to be a global pioneer in the development of competitive renewable energy technologies, targeting markets in Africa.

dVentus' engagements include:

  • A smart meter and associated system solution for Ethiopian Utility other Regional Utility companies.
  • Develop a customized 1MW Wind Turbine generator (WTG) System with public sector partners in Ethiopia that will fit the region’s unique requirements, develop a local industrial supply chain to support the manufacturing of WTGs, technology transfer and affordable renewable wind power generation in the region.
  • Complete the ASSELA WIND Project – a 100 MW wind farm in Ethiopia representing a total investment of over $300 million.
  • Work with EEPCO’s smart grid technology development plans by supplying 2 million smart meters in the next three years.
  • Expand dVentus activities to additional 3 of the Power Africa Countries; in particular it will aim to provide access to (its advanced wind power technology) to small entrepreneurs in rural areas.

EA-Power

EA Power

EA-Power is a renewable energy project development and implementation company and operates in Tanzania, Kenya and Uganda. Over the next several years, as part of its commitment to the Power Africa Initiative, EA-Power intends to:

  • Complete the Kiwira Hydro Project - a 10 MW hydro power project in Tanzania. Upon successful completion, we will move forward to implement other projects in early stages of development, such as our wind farms in Tanzania.
  • Catalyze US$ 500 million in investment for energy projects in Power Africa countries over the next five years, which will increase access to electricity to 1,000,000 million users in these countries.
  • Expand its activities across the entire East Africa region, bringing early stage financing and development expertise to provide investors a portfolio of projects to promote. These planned activities are aligned with the goals of the Power Africa Initiative to increase access to clean, reliable power in Africa, and are expected to increase the quantity of power available in East Africa by 200 MW.

EGG-energy

EGG-energy bridges the "last mile" power distribution gap to deliver affordable, reliable, and clean energy services to off-grid homes and businesses. EGG-energy is currently building a network of solar-powered franchises that provide electrical services and act as EGG-energy representatives to their communities.

  • In support of Power Africa, EGG-energy aims to expand its service provision to 50,000 households and businesses in Tanzania by 2018. To achieve a profitable scale and expand its service provision, EGG-energy intends to raise an additional $3 million in equity and debt over the next two years.

Embark Energy

Embark Energy is a leading social enterprise working at the intersection of clean energy, enterprise development and local entrepreneurship in Africa. They are using an innovative approach that offers high quality business training, mentoring and links to finance to motivated individuals in developing countries so that they can create clean energy businesses and be successful entrepreneurs. Embark Energy is an alternative to traditional development approaches because it is advancing education with a more practical, hands-on curricula delivered using cutting edge tools, real-world examples, and entrepreneur instructors as compared to what is offered in formal school settings and traditional training programs. They have just released the beta version of their new online learning program and business planning tool for aspiring entrepreneurs, called MyBusinessPlan, and a tablet-based app will be released soon.

Energiya Global

Energiya Global's mission is to bring solar energy to under-served populations in developing nations. We strive for a triple bottom line, delivering good financial returns to investors in addition to strong socio-economic and environmental returns in developing countries. Our principle focus is on Africa where there is both a compelling humanitarian case, with nearly 600 million lacking access to electricity, and a strong economic argument, based on the large number of countries dependent on expensive diesel fuel for electricity generation. Energiya Global is a service provider for Dutch-American solar developer Gigawatt Global, the company responsible for the completion of East Africa's first utility-scale solar field. The 8.5 MW solar project in Rwanda, which provides 6% of Rwanda's generation capacity was finished in September 2014, and is Power Africa's first green field project to reach interconnection.

Energy4Impact

Energy4Impact is a non-profit organization which supports access to energy through private sector development. With a headcount of more than 80, our primarily locally-based professionals advise entrepreneurs on business and project development, and access to commercial and concessional capital. We incubate and provide strategic, operational, technical, and financial support to early-stage energy businesses which employ technologies including energy efficient cookstoves and briquettes, solar lighting and home systems, biogas, and mini-grid electrification. We also publish selected market research, conduct market feasibility studies, and work closely alongside capital providers including equity investors, financial institutions and donors. Over the past 3 years, we have leveraged in excess of $38 million of donor funding to provide both grant capital and technical assistance to a wide range of energy businesses in Africa and Latin America. By 2016, we aim to have enabled new or improved access to reliable energy for 15 million people.

 

ENGIE

Engie

ENGIE develops effective, innovative solutions for residential customers, cities and businesses by capitalizing on its expertise in four key sectors: renewable energy, energy efficiency, liquefied natural gas and digital technology. ENGIE has 154,950 employees worldwide and registered a turnover of €69.9 billion in 2015. ENGIE has been present in Africa for 50 years, where it deploys its electricity, natural gas and services businesses. ENGIE has around 3,000 MW of centralised electric capacity in service and under construction. ENGIE is also developing decentralised electricity generation for isolated businesses and rural villages in order to achieve the global target of bringing electricity to 20 million people by 2020.

ENKA

ENKA İnşaat ve Sanayi A.Ş. (ENKA) was founded in 1957 and it is a global engineering and construction firm headquartered in Istanbul, Turkey and is traded publicly in Borsa Istanbul (BIST) with a Market Cap of more than 6 Billion USD. ENKA, in its 59 years of construction experience worldwide, has successfully undertaken 495 projects in 47 countries, with historical aggregate value of 42 Billion USD. Furthermore, for the last 15 years ENKA has been standing as the biggest IPP in Turkey to supply 13% of the Country’s total electricity production by means of operating three (3) Gas Fired Combined Cycle Power Plants of total 3,830 MW installed capacity on BOO scheme.

ENKA can contribute the following to the Sub-Saharan power sector:

  • Develop projects as lead investor or together with reputable local and international partners.
  • Participate in equity ownership with solid financial background.
  • Invest $500 million in equity.
  • Secure long-term financing from ECAs, EXIM Banks, Multilateral Institutions, and commercial banks for power projects. With the necessary stature and credibility in the financial markets, ENKA has long and distinguished record of taking ground breaking, multi-billion dollar projects from concept to financial close.
  • Provide projects with loans from ENKA's balance sheet, as required.
  • Provide EPC Services, early development technical and commercial feasibility studies, and completion comfort to creditors.
  • Perform overall operation and maintenance services for the plants.
  • Perform asset management activities.

Fenix International

Founded in 2009, Fenix International is a venture-backed renewable energy company with offices in East Africa and Silicon Valley. With core expertise in power electronics, product design and base-of-the-pyramid marketing, Fenix's mission is to deliver quality of life to the 1.3 billion people who live without power in emerging markets.

Fluidic Energy 

Fluidics Energy
As a leader in long-duration energy storage, Fluidic Energy is delivering reliable, clean energy worldwide and accelerating widespread adoption of renewable-powered electrification. With 100,000+ batteries deployed, Fluidic is proven capable of providing commercially viable, reliable and long-term solutions to diverse, remote regions in Southeast Asia, Latin America, and now Africa. The company’s proprietary technology, integrated intelligence platform and turnkey, rapidly deployable solutions have positively impacted the lives of over three million people and hundreds of communities. As proven, and integral to Fluidic strategy, is the transfer of technology, creation of local jobs, and sustainable local capacity building. With a goal of bringing reliable electricity to 100 million people by 2025, Fluidic Energy has already deployed some of the largest solar+storage rural electrification projects in the world and, after proving its business model, is rolling out more across remote regions.
 
As a result of our synergistic missions, Fluidic’s enters this partnership with Power Africa to further accelerate remote access to clean electricity throughout rural Africa. Through on-the-ground experience, Fluidic appreciates the critical nature and massive undertaking required to deliver reliable, clean electricity to these regions and, therefore, greatly values the ability to collaborate with such a well-aligned, forward thinking organization.
 

General Electric

General Electric (GE) is a global leader in infrastructure technology, services and solutions. GE's business in Africa focuses on power, oil and gas, transportation, aviation and health care.

  • In support of Power Africa, GE is committed to work with Governments and private partners to help bring online about 5 GW of new, affordable energy in Nigeria, Ghana, Kenya, and Tanzania. GE intends to provide technology based on a variety of fuel sources as appropriate for each project, including solar, wind and natural gas, to deliver the power, and support partners in arranging financing for these projects.

Geothermal Energy Association

Geothermal Energy Association is a trade association composed of U.S. companies who support the expanded use of geothermal energy and are developing geothermal resources worldwide for electrical power generation and direct-heat uses. As part of its commitment to the Power Africa Initiative, GEA intends to:

  • Host a special session on African geothermal energy development at the GEA Geothermal Energy Expo 2013. The session on Africa will provide host country government delegates an opportunity to describe the state of geothermal energy development in their countries, their needs and allow them to meet U.S. geothermal development companies that can help them meet their development goals.
  • Conduct regular outreach through its weekly newsletter, to its members about commercial opportunities to provide geothermal goods/services in East Africa, and more specifically in the Power Africa partner countries of Ethiopia, Kenya and Tanzania.
  • Support the East Africa Geothermal Partnership by identifying private sector geothermal energy companies willing to provide technical assistance and training to host country governments on different geothermal technical and policy related issues.

GG Energy Holdings

GG Energy Holdings is forging innovative, sustainable energy investments with a focus on grid parity and direct private market purchase agreements with customers. GGEH leverages an extensive network of private partnerships in the target countries to develop, finance, construct and operate sustainable energy power facilities utilizing solar PV, wind, geo-thermal, bio-mass as well as natural gas technologies.

  • Over the next five years, as part of its commitment to the Power Africa Initiative, GGEH intends to invest approximately $550 million in sustainable energy projects. These projects are expected to increase the quantity of power available to over 150,000 households and businesses with an estimated 325 MW.
  • 150MW of distributed solar PV power plants in Tanzania, representing total investment of $200 million;
  • $150 million over the next five years to enable the installation of nearly 75 MW of solar PV and bio-mass power facilities to power industrial and mining production facilities in Ghana, Kenya and Tanzania;
  • In partnership with agri-processing centers, approximately $200 million to construct at least 100MW of sustainable energy logistical centers in the target countries. These power stations will not only provide electricity they will help improve the business opportunities for hundreds of farmers in the target countries.

Gigawatt Global

Gigawatt Global is the successful developer of East Africa's first utility-scale solar field, an 8.5 MW project on the grounds of the Agahozo-Shalom Youth Village near Kigali, Rwanda. Having recently celebrated the one-year anniversary of the field's completion and interconnection, GWG is proud to be supplying electricity to 15,000 homes, contribution a significant boost to Rwanda's economic development. Gigawatt Global is pursuing similar solar projects in Burundi and South Sudan. In addition, the company has a robust pipeline of solar projects throughout sub-Saharan Africa.

Global Environment Fund

Global Environment Fund

Global Environment Fund (GEF) is a global alternative asset manager with approximately $1 billion in assets under management. Established in 1990, GEF has grown into one of the world’s most successful investment firms dedicated to the energy, environmental, and natural resources sectors. GEF is a pioneer in environmental investing. As one of the first environmentally focused investors, GEF has made sustainability its mission with profitable investments in businesses that support the environment and promote clean energy and sustainable natural resources uses. GEF has global experience and expertise in applying proven technology such as distributed solar, compressed natural gas (“CNG”) and biomass-to-power to improve efficiency and access to energy in Developed and Emerging Markets.

GEF has dedicated investment teams and funds investing in the USA, Asia, Latin America and Africa. In Africa, GEF has existing investments in South Africa, Swaziland, Tanzania Ghana and Gabon, with plans to extend its investment activities to other countries in West and East Africa such as Nigeria and Kenya. As part of its commitment to Power Africa, GEF seeks to:

  • mobilise private equity capital up to $ 150/200 million for investment in African companies that will contribute to the expansion of distributed / off-the-grid clean energy and renewable energy supply; and
  • provide Power Africa countries with increased access to clean and renewable energy technology transfer, international best practice in environmental, health and safety standards, technical and financial expertise in the development of clean and renewable energy enterprises and projects.

Global Off-Grid Lighting Association

Global Off-Grid Lighting Association (GOGLA) has been established to act as the industry advocate with a focus on small and medium enterprises. It is a neutral, independent, not-for-profit association created to promote lighting solutions that benefit society and businesses in developing and emerging markets. GOGLA will support industry in the market penetration of clean, quality alternative lighting systems. Formed in 2012 as public-private initiative, GOGLA was conceived out of the joint World Bank/IFC effort to provide a sustainable exit strategy for Lighting Africa initiative.

Globeleq

Globeleq is focused on providing reliable power to the emerging markets of Africa and Central America. The company develops economically sustainable businesses that support the continued development of the electric power sector in these regions and actively participates in the communities in which it operates.

Since the company’s launch in 2002, it has participated in nearly 14,000 MWs in 27 countries, investing more than US$1.3 billion of equity across 44 different power projects. The company is committed to growing its asset-base by continuing to invest substantial capital to enhance performance of its existing assets and develop new power generation projects.

Goldman Sachs

Goldman Sachs is a leader in the global financial services sector, and has committed to provide strategic advice to the Power Africa initiative.

  • By leveraging its expertise in financing and investment, Goldman Sachs will assist the U.S. government and other partners in developing and implementing innovative and sound approaches to unlocking key constraints in the financing of energy projects in the region.

Gray Ghost Ventures

Gray Ghost Ventures is a pioneer of the global impact investing movement and continues to be a vanguard in furthering its expansion according to the vision of it's founder, Bob Pattillo. With the establishment of Gray Ghost Microfinance Fund in 2003, GGV became one of the earliest private investors in microfinance, whose purpose is to eliminate poverty and strengthen communities through investments in small-and-micro businesses in the developing world.

 

GreenMax Capital Advisors

GreenMax Capital Advisors is a leading transaction advisor focused solely on the clean energy space. At present, GreenMax’s presence in Africa includes Kenya, Tanzania, Uganda, Rwanda, Burundi, Ethiopia, Zambia, Nigeria, Ghana, Senegal, Benin, Niger, Cameroon and Burkina Faso, with plans to expand operations to other African countries. In support of Power Africa, GreenMax Capital Advisors intends to:

  • Focus its transaction advisory services to catalyze over $1.6 billion in investment for our existing book of project developer clients, seeking to implement more than 1,000MW in new power generation capacity over the next five years, primarily in Nigeria, Kenya, Ghana, Rwanda and Benin;
  • Double its book of transaction advisory clients in Africa to support raising capital for an additional 2,000MW of clean power generation development for new clients over the next five years; and
  • Raise a $20-50 million fund to invest in the early stage development of clean energy projects in Africa.

 

 

Greenwish Partners

GreenWish Partners

GreenWish is a renewable energy producer dedicated to providing reliable, clean and affordable energy to people and businesses across Sub-Saharan Africa. As part of our commitment to the Power Africa initiative, GreenWish has the ambition to develop, finance, build and operate a diversified portfolio of 600 MW of renewable energy assets by 2020, thus providing access to clean power for more than 6 million people.

GreenWish is active across the full scope of renewable energy solutions:

  • On-grid solar and wind power plants
  • Captive solutions for large energy consumers such as industries and mines
  • Distributed energy solutions powering portfolios of telecom towers
  • Rural electrification using innovative business models focused on empowering local communities

With offices in France, Ireland, Senegal, Cote d’Ivoire and Nigeria, and $270 million equity investment capacity from African and international investors including the Private Equity firm Denham Capital, GreenWish is a true pioneer of renewable energy in Africa, with an emphasis on ensuring the inclusiveness and sustainability of our projects and creating value for all stakeholders including local communities, public stakeholders, private partners and the environment.

 

Harith General Partners

Harith General Partners (Pty) Ltd. is a specialist Pan-African infrastructure private equity fund manager based in South Africa. The firm manages the Pan African Infrastructure Development Fund (PAIDF1), a $630 million fund that has invested just under $600 million on infrastructure across Africa. Harith is in the midst of raising its second fund, the Pan-African Infrastructure Development Fund 2 ("PAIDF2") and over the next five years, as part of its commitment to the Power Africa Initiative, Harith plans to:

  • Advance the Power Africa goal of providing access to clean, reliable energy in East Africa by investing roughly $70 million in equity finance into the Lake Turkana Wind Power project, a wind farm in Kenya that is poised to provide 300 MW of clean power to the country's national electricity grid by taking advantage of a unique wind resource in Northwest Kenya near Lake Turkana;
  • Inject over $500 million in equity finance into the African power sector and increase access to electricity in Power Africa countries with potential investments in projects such as Azura Power (Nigeria) and the Singida Wind Farm (Tanzania); and
  • Provide the additional benefits of: reinforcing the demonstration effect of investing in innovative clean energy technology across Africa, creating approximately 70,000 direct and indirect jobs, and providing strong sector leadership and expertise.

These planned activities are expected to increase the quantity of power available to approximately 14,000 MWs and directly benefit 63 million households and businesses. 

Hecate Energy

Hecate Energy develops power projects throughout planning, inception, construction and operations. The Hecate team has developed tens of thousands of megawatts of solar, natural gas, coal, hydro, wind, and biomass power plants. Hecate established Hecate Energy Africa LLC to actively pursue initial power project development efforts in Tanzania and Kenya. Over the next several years, as part of its commitment to the Power Africa Initiative, Hecate Energy intends to:

  • Complete a 50 MW PV solar project selling wholesale power in Tanzania's capital city of Dodoma. Further, Hecate Energy intends to expand this effort to include several other PV solar projects with a goal of reaching 400 MW in PV solar projects installed over the next five years. The total investment for this effort will be approximately $800 million.
  • Implement advanced undergraduate and graduate curricula in collaboration with first-tier U.S. research universities, as well as bring distance learning and offer vocational training centered around renewable energy to universities and technical schools in Tanzania. Hecate Energy has partnered with Tanzania's two premier institutes of higher learning: The University of Dodoma (UDOM) and the Nelson Mandela African Institute of Science and Technology.
  • As part of its commitment to education and human capital growth, Hecate Energy intends to construct a 2 MW PV solar farm to serve UDOM's Medical Diagnostics Building and a 1 MW PV solar array to serve student housing at prices below current retail rates.
  • Bring new PV solar projects to Kenya, and is currently assessing a 20 MW project in support of that effort which would result in a capital investment of approximately $80 million.
  • Expand its activities to additional Power Africa countries and position itself as a leader in efforts to bring clean, reliable electricity to neighboring countries as well.
  • These planned activities are aligned with the goals of the Power Africa Initiative to increase access to clean, reliable power in Africa, and are expected to increase the quantity of power available to Tanzania by up to 400 MW, and to provide a template for thousands of additional MW throughout the continent. 

Heirs Holdings

Heirs Holdings is an African investment company that invests proprietary capital for the long term in the most promising sectors on the continent that have a significant economic development impact, including financial services, healthcare, infrastructure, real estate and hospitality, agriculture, energy, and oil and gas.

  • In partnership with Power Africa, Heirs Holdings will, directly and through its investee, Transnational Corporation of Nigeria Plc, invest US$2.5 billion in energy over the next five years, generating an additional 2,000 MW of power capacity in the region.

Husk Power Systems

Husk Power Systems provides end-to-end renewable energy solution by installing, operating 25-100 kW "mini power-plants" and wiring villages that deliver electricity as a "pay-for-use" service to villages. HPS has created a feedstock agnostic proprietary technology that cost-effectively converts biomass waste (e.g. rice husk, mustard husk / stem, corn cob, etc) into electricity. HPS has been operating for four years, maintains power plant's uptime of over 93% and has successfully installed 90 power plants that power over 325 villages. HPS now has its footprint in India, Nepal, Uganda and Tanzania.

  • To advance the Power Africa goal of providing access to clean, reliable energy in East Africa, HPS seeks to complete installation of decentralized 200 biomass based mini-power plants in Tanzania. These mini power plants can light 60,000 households (325,000 users) at an affordable price. Installations of these power plants represent total investment of $15 million.
  • HPS aims to catalyze US$ 50 million in investment for energy projects in Power Africa countries over the next five years, which will increase access to electricity to one million users in these countries.
  • HPS aims to provide Power Africa countries with access to its proprietary biomass based technology, expertise in providing renewable and affordable power in difficult to operate rural areas.
  • HPS plans to franchise its business and provide equipment and training to three hundred entrepreneurs who can then run these mini-power plants and generate a livelihood for themselves and their families.
  • These planned activities are expected to increase the quantity of power available to over one million people by 50 MWs. These investments could directly benefit 250,000 households and 5,000 small businesses. 

Hydromine

Hydromine is an American development and technology company, specializing in energy, with offices in New York, London, and Yaoundé. Hydromine seeks to responsibly build natural resource potential into sustainably productive assets, generating progress. Each of Hydromine’s officers has over 15 years of African energy sector experience in the origination, financing, construction, or operation of utility-scale power projects. Hydromine pursues transparent, market-driven greenfield development of safe, reliable, and sustainable energy solutions that deliver affordable electricity with a fair return on investment.

Hydromine is dedicated to Power Africa’s mission to expand cleaner and more efficient power generation and access in sub-Saharan Africa, actively developing renewable centralized power plants and distributed power systems in Central-West Africa. These include the 1.3 GW Grand Eweng and 220 MW Mouséré hydroelectric projects in Cameroon and compact wind and hydrokinetic turbines integrated with hydraulic compressed air energy storage for off- or mini-grid deployment, with pilot projects under review for Guinea and other markets. Grand Eweng alone–Africa’s first wholly private large hydro project and single largest IPP–will supply tens of millions of consumers and billions of dollars in secondary economic production, with a comparatively small reservoir area.

Hydromine is committed to proactive social and environmental stewardship and cooperative partnership with the communities and governments we engage with, adhering to the African Development Bank Integrated Safeguards System and International Finance Corporation Performance Standards.

IAP Worldwide Services (IAP)

IAP Worldwide Services (IAP) is a leading provider of global-scale logistics, facilities management, and advanced professional and technical services. IAP works with government, industrial and commercial customers to solve power infrastructure needs and to bring electricity from the source to homes and businesses. IAP specializes in the areas of power systems program/project consulting and feasibility studies, turnkey engineering, procurement and construction (EPC), asset management, operations and maintenance (O&M) and, fuel management. IAP, in conjunction with its teaming partners, will endeavor to install hundreds of megawatts of power and power systems in Africa over the next ten years that could quickly exceed 500MW. These efforts would focus on:

  • Providing temporary and bridge power solutions to address capacity constraints in the most rapid and economic manner possible using nature gas and other available fuels to power turbine and engine driven generators and also upgrading transmission and distribution infrastructure.
  • Developing, installing, operating and maintaining permanent clean burning natural gas power plants using the latest technology to address the long term capacity constraints in the target countries.
  • Installing, operating and maintaining megawatts of permanent power generation capacity utilizing American solar PV technology with the highest efficiency and durability in the industry and solar CSP technology. Other renewable power solutions such as wind, combined heat and power, desalination, and waste to energy projects can also be evaluated by IAP.

Imprint Capital

Founded in 2007, Imprint Capital is a registered investment advisor that builds and manages portfolios of impact investments for foundations, families, and financial institutions. As of May 31, 2014, the firm had more than 35 client relationships and $400 million in assets under advisement. In its seven-year history, Imprint has worked with its clients to make more than 120 investments across asset classes, geographies, and impact themes as diverse as education, health care, food and agriculture, energy and the environment, and the economic development of low wealth communities. The firm has offices in San Francisco and New York.

Industrial Development Corporation of South Africa (IDC)

Is a South African national development finance institution set up to promote economic growth and industrial development. The institution is owned by the South African government under the supervision of the Economic Development Department.

Industry Capital

Industry Capital is a San Francisco-based private equity firm focused on investing in real assets. The firm was founded in 2003. IC is one of the few financial sponsors with a dedicated alternative energy platform and is able to play across the development value chain, from finance to actual project development and portfolio management. Over the next five years, IC and its partners intend to drive investment of over $1.5 billion dollars working with developers across multiple sectors in alternative energy in Nigeria. These investments will be centered primarily on utility scale solar projects - an IC affiliate has a 500MW pipeline of such projects; smart metering services for the recently privatized distribution companies and clean energy production by harnessing flared gas in the Niger Delta region.

Initiative for Global Development

The Initiative for Global Development is a non-profit organization that drives poverty reduction by catalyzing business growth and investment in the developing world. We bring together an influential network of senior executives from sector-leading companies with the interest and capacity to make strategic investments in high-need, high-potential areas of Africa. In support of Power Africa, IGD pledges to:

  • Make its standardized documentation and "pre-fabricated package" available for Power Africa projects in 2-3 African countries.
  • Work through both its network of Frontier Leaders and its Working Group on Increasing Access to Reliable Power to foster increased investment in power generation on the continent.

Interlink Capital Strategies

Interlink

Interlink Capital Strategies (“ICS”) is a Washington DC-based management consulting firm specializing in finance and business development. Our managers are experts in project financing, trade finance, structured financing, business development and marketing with a Washington insider’s expertise on how to access government supported funding for transactions. We have successfully arranged billions of dollars of financing to structure transactions worldwide. ICS concentrates on supporting the development of both large-scale sales opportunities and entire projects in emerging markets. Because commercial financial markets alone are frequently unable to support sales and direct investment in these areas without government involvement, ICS provides critical financial advisory services to mobilize this type of financing. Our firm frequently assists its clients use official (e.g., U.S. federal, multi-lateral and bi-lateral government agencies) programs and non-profit sources alone or in tandem with the full range of commercial financial institution debt and equity products to structure the most cost-effective funding solutions.

  • ICS support for Power Africa will be led by its’ current Vice Chairman, former OPIC CEO, Peter Watson. ICS is currently supporting mid-sized LNG, electrical distribution, and other energy projects in Ghana, Tanzania, South Africa and the Region.
  • Through its affiliate ExWorks Capital, an U.S. ExIm Bank and SBA approved export finance lender, and trading company, ICS offers structured and trade finance solutions for small and medium-sized businesses; including working capital loans for U.S. exporters, term financing to foreign buyers of U.S. capital equipment, and acting as a trading company when needed. ExWorks Capital is headed by John McAdams, former Vice-Chairman and COO of the U.S. Export-Import Bank.
  • ICS, through its affiliate, is working in partnership with one of the premier African banking groups to provide access to $200 million in trade finance for African businesses to buy goods made in the U.S.

Investec

Investec is an international specialist bank and asset manager that provides a diverse range of financial products and services to its client base. Investec’s Power and Infrastructure Finance team is made up of more than 50 professionals, in Africa and across the globe, who have participated in a number of power-related transactions in a variety of capacities, including advising project sponsors, arranging project debt and making equity investments for its own account. To date, Investec has supported an existing portfolio of power projects of nearly USD 2 billion, representing an installed capacity of 3,270 MW in Africa. As part of its commitment to Power Africa, Investec intends to:

  • Build on our experience in the African Power sector by continuing to advise on, structure, arrange, underwrite and invest in projects in the Power Africa focus countries;
  • Assist in the formation of consortia to bid on, develop, construct, and operate power generation and transmission infrastructure in Power Africa countries; and
  • Provide input to government and other policymakers on the key regulatory and contractual arrangements necessary to support the growth of a private power sector.

Invested Development

Invested Development (ID) is an impact investment fund manager focused on risk capital investments in seed to early stage startups enabling remote connectivity, precision agriculture, and distributed energy in underserved markets.

JCM Capital

JCM Capital is a private equity firm that focuses on the development of clean power projects that have a positive social, environmental and economic impact. JCM is currently developing a multi-billion dollar clean power portfolio that includes both utility-sized solar projects in emerging markets, with a focus in Africa and Latin America, and high voltage transmission projects in North and South America.

JCM is the general partner and manager of several private funds that invest in generation and distribution energy infrastructure assets. JCM currently has over 400MW of solar PV projects under development, as well as two 1000MW HVDC transmission lines, totaling approximately USD $4.5 billion in capital expenditure. JCM’s infrastructure division invests long-term equity in projects developed internally as well as those sourced from third parties.

Founded in 2009, JCM has completed more than 70 projects representing USD $120 million in construction and long-term equity. JCM’s management team has over 50 years of combined broad energy experience. Headquartered in Toronto, JCM has offices in Mexico City and Cape Town, South Africa.

Joule Africa

Joule Africa Logo

Joule Africa is engaged in the development and operation of renewable energy projects in Africa with offices in London, Freetown, Yaounde and Port Louis.  Joule Africa is currently focused on two power projects which are expected to deliver over 600 MW of power capacity.  Joule Africa works closely with all of its stakeholders to create infrastructure assets that will generate long-term, sustainable value.  As part of its commitment to Power Africa, Joule Africa intends to continue to develop and invest in sustainable power projects that provide affordable, reliable, electricity to those countries which need it most: a fundamental factor in any country’s ability to achieve significant economic growth.

Khosla Impact

Khosla Impact's mission is to assist great entrepreneurs developing products and services that improve human productivity for the three billion people in the bottom half of the world economy. We invest in world-class entrepreneurs who are passionate about solving challenging socio-economic problems through careful application of science, technology, design and distribution, or through creative business models. We believe in experimentation and encourage this approach among our entrepreneurs. We evaluate a wide range of opportunities but are primarily focused on for-profit enterprises serving people in the bottom half of the world economy: low-income laborers, farmers and families, as well as small businesses in emerging markets.

Kiva

Kiva is the world's first and largest crowdfunding platform for social good with a mission to connect people through lending to alleviate poverty. With as little as a $25 loan, anyone can help a borrower start or grow a business, go to school, access clean energy and realize their potential. Since 2005, Kiva and their growing global community of 1.2 million lenders have crowdfunded more than $575 million in microloans to over 1.3 million entrepreneurs in 75 countries, with a 98% repayment rate.

KMR Infrastructure

KMR Infrastructure supplies renewable power from biomass and other renewable technologies to community mini-grids, mining sites, telecom towers, and more. The company's growing pipeline of projects addresses distributed power needs in remote locations across a portfolio of emerging and frontier markets. KMRI currently operates in Tanzania and seeks to quickly expand into Ghana, Kenya, Malawi, Namibia, Nigeria, and Uganda.

  • To advance the Power Africa goal of providing access to clean, reliable energy in East Africa, KMRI, in partnership with its joint venture partner in Tanzania, Symbion Power, seeks to complete in the next 18 months the Kigoma Project - a 4 MW biomass power plant - and the Tunduru Project - a 1 MW biomass power plant - representing total investment of $17.6 million in the country.
  • Also in Tanzania, Symbion-KMRI seeks to develop a further 15 MW of renewable energy projects over the next 24 to 36 months, amounting to a minimum $50 million investment.
  • KMRI also intends to expand its activities three additional Power Africa Countries; specifically, it aims to develop 15 MW of biomass installations in Ghana, 5MW of renewable projects in Kenya, and 10 MW in Nigeria.

LGT Venture Philanthropy

LGT Venture Philanthropy (LGT VP) is an impact investor supporting organizations with outstanding social and environmental impact. Our local teams in six world regions strive to increase the sustainable quality of life of less advantaged people by inspiring clients for active philanthropy, providing individualized philanthropic advice and investment implementation. By applying private equity/ venture capital principles we help our portfolio organizations to grow and scale their impact with tailored financing, management know-how and relevant networks. LGT VP is currently managing 29 organizations. Through these engagements LGT VP has invested more than USD 19m to improve the sustainable quality of life of over four million less advantaged people since inception in 2007. Our broad range of individual and institutional clients benefits from our experience, systems, processes and networks built by implementing the philanthropic engagement of LGT VP's founder: the Princely Family of Liechtenstein/LGT Group.

Liberian Energy Network

Since 2010 Liberian Energy Network (LEN) has been using a shared value approach to achieve a rapid deployment of solar energy in Liberia. LEN's business model is built upon high volume low margin sales to customers at the Base of the Pyramid. In addition to working with individuals and the Liberian government, LEN is building a network of civil society organizations which are operating successfully throughout Liberia. While structured as a non-profit corporation in Liberia and the US, LEN acts like a for-profit business, selling small scale solar lights and phone chargers approved by the World Bank Lighting Africa program at a price point to cover its costs, allowing LEN to push as much value as possible into the hands of Liberians.

Little Sun

Little Sun puts the power of the sun in the palm of your hand - creating safe, convenient, sustainable light you can take with you wherever you go. Little Sun is much more than a lamp - it's a global project and social business that is connecting the world through sharing light. Artist Olafur Eliasson and engineer Frederik Ottesen developed the Little Sun solar-powered lamp to get clean, reliable, affordable light to the 1.2 billion people living without electricity in areas known as 'off -grid' areas. Little Sun currently has distribution in eight African countries as well as in Europe, the United States, Canada, Australia, and Japan. Launched in July 2012 at London's Tate Modern, the Little Sun project has since distributed over 165,000 Little Sun lamps worldwide - and that number is quickly growing. Little Sun's unique combination of beautiful design and exceptional engineering has made the lamp popular across the globe, and people are discovering just how useful the lamp is also in areas with electricity. The lamp is a fun, accessible tool educating people all over the world about the benefits of solar power and sustainable sources of energy. Learn more about the project, buy a lamp (US, Europe, gobal), and support the cause at www.littlesun.com

Lumos

Lumos

Nova Lumos Netherlands Holding BV (Lumos) is the world’s leading distributed utility provider, bringing clean, affordable and reliable electricity to 1.3 billion people living off the grid. Lumos removes old barriers and brings modern energy into off-grid homes and small businesses around the world, by providing solar power through an innovative financing plan. Lumos connects the dots between the mobile payment revolution and solar energy. Through partnerships with mobile operators, Lumos provides electricity on a lease to own bases, purchased via the mobile phone. Learn more at www.nova-lumos.com

Milhouse Engineering & Construction, Inc

Milhouse Engineering & Construction, Inc. is a professional full service engineering and architecture consulting firm located in downtown Chicago serving public and private sectors and is our first Chicago based Power Africa partner. As a multi-disciplinary full-service firm, they offer expertise in Civil, Mechanical, Electrical, Structural and Construction engineering. To complement their professional engineering capabilities, Milhouse also offers Architectural services.
 
Milhouse is comprised of a dedicated team of more than 100 talented engineers and 6 LEED-accredited professionals in each discipline. As an engineering industry leader, the Milhouse team is committed to delivering technical excellence, innovative solutions, and value engineering to foresee and meet client needs.
 

M-KOPA

M-KOPA is the world's leading 'pay-as-you-go' energy provider to off grid homes. The company has been supported by Power Africa in developing a better way to provide affordable, safe and clean energy to billions of people living off the grid. Thanks to the sun's rays and mobile technology, 300,000 low income homes in Africa now have lights, radio and phone charging. They have all this at the flick of a switch and for less than they used to spend on kerosene.

M-KOPA has won awards for technology and excellence at the 2013 FT/IFC Sustainable Finance Awards. It was awarded a Bloomberg New Energy Finance Award 2014. M-KOPA was recognised as being a game changer in clean energy technology in the 2014 Global Cleantech 100 List and was the winner of the SME category in the 2015 Zayed Future Energy Prize.

Manitoba Hydro International Ltd. 

Manitoba Hydro International Ltd. (MHI)

Manitoba Hydro International Ltd. (MHI) provides innovative services and solutions to customers in the energy and telecommunications sectors around the world. As a subsidiary of a renowned Canadian energy utility, Manitoba Hydro, MHI offers clients over a century’s worth of best practice experience. Leveraging its international experience and the parent utility’s methods and technologies, MHI offers sustainable results and superior value to clients.

Working in Africa for over 30 years, MHI is dedicated to creating lasting relationships and collaborating closely with clients to suit their specific needs and achieve their desired outcomes.

Services:

  • Training and capacity building;
  • Transmission line design, modelling, and analysis;
  • Telecommunication services: data networking, carrier Internet, and collocation;
  • Engineering consulting in generation, transmission, distribution, and HVDC;
  • Utility management;
  • Consulting and advisory services;
  • High voltage construction, maintenance, and testing;
  • Integration, feasibility, and power system studies; 
  • Project and contract management;
  • Energy monitoring and management.

Mobisol

Mobisol

Mobisol delivers a clean, affordable alternative to fossil fuels for low-income households living without reliable access to energy. The Berlin-based company combines solar energy with mobile technology, microfinance and comprehensive customer service to provide high-tech solar home systems (SHS's) powerful enough to electrify whole households and small businesses in developing nations. Using mobile banking services the cost can be paid off conveniently via mobile phone in a 36-month instalment plan. Mobisol SHS's come complete with a three-year warranty for the battery and twenty years for the panel, remote monitoring of each system and a full service package including free maintenance for three years. So far, Mobisol has installed over 40,000 SHS's in Tanzania, Kenya and Rwanda.

 

Morganti/CCC

Morganti

Founded by John Morganti in 1916, Morganti has continuously provided high quality construction and project management, design/build and general contracting services for road building, shopping centers, high end residential, shopping centers and educational facilities. Morganti was acquired in 1988 by Consolidated Contractors Company (CCC) of Athens Greece which enabled Morganti to expand its geographic presence and service offerings to include airports, utilities, transportation federal and military construction. CCC, founded in 1952, is an internationally diversified construction company with projects in over forty two countries across five continents. The Morganti/CCC global footprint includes Botswana, Equatorial Africa, Ethiopia, Guinea, Libya, Mauritania, Mozambique, Namibia, Nigeria, Senegal, Tanzania and Sudan. As part of their commitment to Power Africa, Morganti/CCC aspires to expand its projects in Africa to include the following areas:

  • Renewable energy projects utilizing the most efficient resources and methods
  • Solar energy projects especially targeted to small entrepreneurs in rural areas
  • Wind energy projects that can be cost effective, viable and provide the maximum amount of power and electricity to Sub-Saharan Africa
  • Providing technical expertise, training, and other assistance as needed to the in-country citizens
  • Utilizing our existing African footprint and potential partners Morganti/CCC hopes to participate in an increase of 200 MW of added power capacity

Mosaic

Mosaic is an online platform that crowd sources financing for solar projects. Since its launch in 2013, Mosaic has funded $8M in 20 different solar projects across the United States, allowing over 3,000 investors to earn a return on the transition to clean energy. The company is now working to launch its international loan program

National Rural Electric Cooperative Association

National Rural Electric Cooperative Association is the national service organization for more than 900 not-for-profit rural electric cooperatives and public power districts providing retail electric service to more than 42 million consumers in 47 states and whose retail sales account for approximately 12 percent of total electricity sales in the United States. Over its fifty year history of contributing to global rural economic development, NRECA has supported programs to increase access to electric power by establishing, training and providing technical assistance to electrification agencies to promote sound electrification investments, and by creating and improving the capacity of electric service providers to operate and maintain power systems despite the challenges faced in rural areas. In recognition of its long history of designing and implementing highly successful electrification programs, NRECA commits to the following in support of Power Africa:

  • NRECA will integrate Power Africa program initiatives into existing operations in participating countries in East and West Africa, and will share information and resources with the Power Africa management team as may be desired and needed.
  • NRECA will provide assistance through utility management, operation and maintenance expertise, on a volunteer basis, through the NRECA International Foundation drawing from the NRECA membership of over 900 NRECA member cooperatives operating distribution, generation, and transmission lines.
  • NRECA will also provide donations of utility line vehicles, electric power equipment, and materials as applicable to address the specific needs of recipient African utilities, in support of expansion of electric power distribution to new customers.
  • NRECA further commits to provide advocacy support in favor of increased investment in feasible electrification projects in rural and peri-urban areas of participating African countries.

Nedbank

Nedbank provides a comprehensive range of wholesale and retail banking services through four main business clusters: Nedbank Capital, Nedbank Corporate, Nedbank Business Banking and Nedbank Retail. Principal services include corporate and retail banking, property finance, private banking, investment banking and foreign exchange. In 2008, the Nedbank and Ecobank Group Alliance was formed, and has enabled an extended alliance footprint across 35 African countries. The Nedbank-Ecobank Alliance will also assist the Power Africa Initiative clients through a unique "One Bank" experience offering. By delivering country-specific, tailored banking solutions across Africa the alliance effectively simplifies banking for its corporate and individual clients by making day-to-day transactional banking, financing and investment banking advisory services readily available to them. Over the next several years, as part of its commitment to the Power Africa Initiative, Nedbank intends to:

  • Advance the Power Africa goal of providing access to clean, reliable energy in East Africa, including through the participation in landmark transactions such as the 300MW Lake Turkana wind farm in Kenya as well as various geothermal and hydro transactions in East Africa, Nedbank also aims to catalyze the US$ 300 million in investment for energy projects in Power Africa countries over the next five years, which will increase access to electricity to millions of users.
  • Provide Power Africa countries with access to Project Finance, Advisory, Treasury functions and financial structuring expertise.
  • Expand its activities to additional the Power Africa Countries; in particular, Nedbank will aim to provide access to its advanced funding solutions in the renewable energy sector. 

NextGen Solar

NextGen Solar is a U.S.-based, renewable energy company focused on building and operating utility-scale, PV Solar power plants in sub-Saharan Africa, integrating a hybrid model of modern PV generation with existing legacy diesel plants. NextGen Solar has operations in Tanzania, Kenya, and Uganda. The objective of NextGen Solar is to bring plentiful, reliable and more affordable electricity by reducing the dependency on expensive fossil fuels, especially in remote rural areas. As part of its commitment to the Power Africa Initiative, NextGen Solar intends to:

  • Advance the Power Africa goal of providing access to clean, reliable energy in East Africa, by setting up 200MW of generation capacity via several solar power plants – 70 MW in Tanzania, 50MW in Kenya, 35MW in Ethiopia, 30MW in Ghana and 15MW in Nigeria, representing total investment of $ 600 million.
  • Over the next 5 years, energy projects of NextGen Solar will not only increase access to electricity to 3.7 million people, but also help in creating 431,000 incremental jobs in these countries.
  • NextGen Solar aims to provide Power Africa countries with access to sector expertise in building hybrid solutions, by integrating legacy diesel mini-grids with modern PV generation. This is expected to reduce the annual greenhouse gas emissions in these Power Africa countries by 300,000 t CO2 emissions.

Nigeria Solar Capital Partners

Nigeria Solar Capital Partners is a renewable energy company focused on the development and management of utility-scale solar fields in Nigeria. Over the next several years, NSCP intends to drive investment of over $1 billion dollars in the development and management of utility-­scale solar fields in Nigeria. NSCP is proposing to develop and operate up to 500MW of utility scale solar facilities in Nigeria by 2020. NSCP is initially pursuing two 100MW sites of solar power generation for the Federal Government of Nigeria, targeting financial close by Q1 2016. NSCP has acquired a license and expects to begin construction on the first field in Q3 2016.

NOVI Energy

NOVI Energy is an entrepreneurial company that turns exceptional ideas and modern alternative and renewable technologies into efficient energy solutions. NOVI is a Michigan, based company providing energy infrastructure development and energy consulting services to governmental, industrial, commercial, institutional, and utility clients around the world. Our professionals have worked in a number of African countries, with current project development in Nigeria.

Over the next five years, as part of its commitment to Power Africa, NOVI intends to:

  • Catalyze US$ 250,000,000 in investment in energy projects in sub-Saharan Africa
  • Provide sub-Saharan African countries with access to cost-competitive electricity from utility-scale and community-scale solar photovoltaic (PV) systems, other renewable energy technology applications, and combined heat and power systems
  • Expand energy development activities to two additional sub-Saharan African countries

Off Grid Electric

Off Grid Electric works to provide affordable, reliable light and energy services (M-POWER) to individuals and communities who suffer from an expensive grid, an unreliable grid, or have no grid access at all. The company delivers a complete technical, operational and financial model that makes high-quality renewable energy services available to anyone, anywhere. It offers solar as a service, an innovative approach whereby customers pre-pay for electrical services using mobile money. It currently operates in Tanzania and plans to expand to further East Africa countries within the next few years.

Orchid Business Group (OBG)

Orchid Business Group (OBG) is Ethiopia's biggest private transport company and one of Ethiopia's biggest construction companies. OBG is also actively involved in the renewable energy sector, in different African countries. Within Africa, OBG currently has offices in Ethiopia, Kenya, South Sudan and Djibouti. Over the next several years, as part of its commitment to the Power Africa Initiative, OBG intends to:

  • Complete up to 650 MW Solar PV projects in Ethiopia, Ghana and/or Kenya - representing a total investment of $1.3 billion.
  • Expand its activities in at least two Power Africa countries, with the aim of providing off-grid access through its advanced solar power technology to small towns in rural areas
  • Complete up to 210MW geothermal energy supply in Ethiopia.
  • These planned activities are expected to increase the quantity of power available to several thousands of households and businesses by up to 1,000 MWs.

Ormat Technologies

Ormat Technologies is a leading vertically integrated company dedicated to providing solutions for geothermal power, recovered energy generation (REG) and remote power. As the only geothermal IPP in Africa, Ormat has a strong track record of developing and operating geothermal assets in Kenya, evidenced by over 10 years of generation of clean energy, recently expanded by an additional 36MW. Over the next several years, as part of its commitment to the Power Africa Initiative, Ormat intends to:

  • Complete in 2014 the construction of additional 16MW in plant 3, Olkaria III, Kenya, bringing its total installed base in Kenya to about 100MW.
  • Ormat is in discussions with Symbion Power to collaborate in the development of geothermal power plants in Tanzania.

Pele Green Energy

Pele Green Energy

Pele Green Energy is an African company that develops, owns and operates renewable energy power projects.  Pele Green Energy has been in the power industry since 2009, and focuses on both utility scale projects and small scale microgrid projects aimed at both the public and private sector.

As part of its commitment to the Power Africa Initiative, Pele intends to invest in the development of power projects that would generate approximately 3,900 megawatts of capacity in sub-Saharan Africa. Pele believes that genuine structural change (catalyzed by the power sector) must result in thriving societies and economies built on the principles of justice and inclusivity.

PW Power Systems

PW Power Systems, Inc., a group company of Mitsubishi Heavy Industries, Ltd., provides high-quality gas turbine solutions for the distributed energy market that increase energy productivity, energy reliability and operational savings.

In support of Power Africa, PW Power Systems is committed to work with government leaders and private partners to help bring reliable power to sub-Saharan Africa. PW Power Systems has approximately 1500 MW of FT8® MOBILEPAC® and SWIFTPAC® gas turbines on the African continent, including sites in Guinea (Conakry), Benin, Togo and multiple locations in Algeria. There are also approximately 45 MW of FT4® gas turbines installed in South Africa and Libya.

Peppermint Energy

Peppermint Energy is dedicated to making easy-to-use portable power available to everyone – everywhere.

No longer are we all at the mercy of the grid for energy. From adventurers to business travelers, from tailgaters to humanitarian aid workers, from campsites in the U.S. to homes in sub-Sahara Africa, Peppermint Energy is making power personal.

Peppermint Energy designs, develops, and manufactures scalable, portable solar generators and other solar products.

These innovative solar generators/products are each designed and proven to fully power anything from a small refrigerator to maintain medicines; to atm’s keeping financial means available; to lights needed at night time; or even a typical small home. Today, Peppermint Energy’s solar products are being used in some of the most remote locations of the world. The independence, security, and freedom that these renewable solar generators and products have provided to the often rural, poor, and disadvantaged people has been appreciated most by those who were otherwise without.

Peppermint Energy intends to expand its primary activities and provide a distribution network with simple, portable, powerful renewable energy solutions to small entrepreneurs, NGO service providers and governmental rural electrification for use in the development of resource projects in off-grid rural areas of Africa.

Persistent Energy Partners

Persistent Energy Partners (PEP) is an investor, incubator and advisor to businesses providing clean energy to off-grid customers in sub-Saharan Africa. PEP was formed in 2012 to develop businesses providing energy access in Sub-Sahara by a team of experienced finance and investment professionals. The PEP team came together in 2011 to restructure and preserve the mission of E+Co, a clean energy investor founded by the Rockefeller Foundation in 1994.

Platinum Power

Platinum Power SA is an independent power operator exclusively focused on the development, financing, construction and operation of renewable energy production projects in Africa.  A true pioneer in the sector, this independent energy operator is present in Morocco, Côte d’Ivoire, Cameroon and Senegal, with a current pipeline of close to 1,000 MW in hydro-electric and wind power projects. Platinum Power is a Moroccan company, whose leading shareholder is Brookstone Partners, the American investment fund, based in New York and present in Africa through Brookstone Africa, its African entity.

  • Over the next several years, PLATINUM POWER intends to pursue de development, financing, construction and operation of the following projects:
  • The Gao Project, a 100 MW hydropower plant, and the Tayaboui Project, a 110 MW hydropower project in Cote d’Ivoire, representing a total investment of $ 883 million.
  • The Makay Project, a 400 MW hydropower plant in Cameroon, representing a total investment of $ 1,115 million.
  • Five hydropower projects in Morocco (Tilougguit Amont, Tilougguit Aval, Boutferda, Taskdert and Imizdelfene), with a total capacity of 125 MW and two wind farms ( Essaouira and Midelt) of 150 MW representing a total investment of $ 500 million.

POWER Engineers

POWER Engineers is an employee-owned global consulting engineering firm specializing in designing and implementing large-scale power delivery systems. Our industry-leading experts also provide vital engineering services addressing energy accessibility in developing countries. This international team provides feasibility studies, realistic technology recommendations, and construction oversight in remote locations to support infrastructure development.
 
POWER’s work in sub-Saharan Africa includes projects in Kenya, Ghana, Namibia, Nigeria, Botswana, Angola, Cote D’Ivoire, Madagascar, Senegal, South Africa, and Tanzania.
 
In support of Power Africa, POWER Engineers intends to:

  • Provide early-stage transaction support facilitating generation and transmission of power in sub-Saharan Africa.
  • Provide pragmatic and actionable consulting before and during project executions to enable project development.

PowerGen Renewable Energy

PowerGen Renewable Energy is a renewable energy systems installer based in Nairobi, Kenya. PowerGen installs off-grid energy systems for communities and businesses throughout the region, including Somalia, South Sudan, Uganda, Kenya, Tanzania, and Zambia. PowerGen also builds and operates communal micro-grids which provide grid-quality, pay-as-you-go energy to unelectrified areas. With four years of operational experience in the region, PowerGen offers a high level of technical competency paired with deep local operating knowledge in East Africa.

Powerhive

Powerhive is a global technology company with an objective to provide access to clean, affordable and reliable microgrid electricity to the millions of households and businesses across the globe that lack access. Powerhive has developed the first truly bankable, turnkey project development platform to profitably address the pressing issue of energy access in emerging economies. Powerhive's product suite supports all aspects of microgrid development and operations including: site and customer selection and acquisition, project build and as well as post construction operations and maintenance solutions including: customer pre-paid billing, grid operations and optimization solutions.

Proton Energy Ltd.

Proton Energy Ltd is a leading Nigerian based Independent Power Plant (IPP) developer with a focus to develop and operate power plants across Nigeria and more widely in Sub Saharan Africa. Proton Energy is sponsoring the development of three new gas powered power plants in support of the development of the Nigeria power sector and to assist in meeting the growing energy needs of the citizens of Nigeria. Target installed new power generation in the next five years is an installed capacity of 1,500 MW, with an investment of over US$1.5Billion.

Over the next several years, as part of its commitment to Power Africa, Proton Energy intends to :

  • To advance the Power Africa goal of providing access to clean, reliable energy, Proton Energy seeks to complete three renewable energy, waste to energy (WtE) projects in Nigeria, with a total generation of 100 MW.
  • Advance and develop its portfolio of gas-fired independent power plants in Nigeria and sub-Saharan Africa.
  • Implement its first project, the 500MW (150MW in phase 1) with an initial investment of over USD220 Million - Proton Delta Sunrise Project in Nigeria. This project is reviewing RFPs from EPC contractors early in 2015 and projects Commencement of Operation Date (COD) in 2017.
  • These planned activities are aligned with the goals of the Power Africa Initiative and are expected to support the increase in the quantity of power available to the six focus Power Africa countries. These investments could directly benefit numerous households and businesses by 2020, and together in a multi-stakeholder effort, help lay the foundation for a future increase in access to electricity for citizens not connected to the grid.

Quantum Power

Quantum Power is an industrial investment platform focused on power generation, energy, and related infrastructure in sub-Saharan Africa. It leverages the financial and operational resources of a principal financial backer controlling an international family of companies with assets in excess of $20 billion. Quantum Power's affiliates own and operate more than 3,000 MW of power generation capacity in emerging markets around the world.

Quantum Power is engaged in a broad range of projects that will improve access to clean, reliable and affordable energy across Africa. As part of our commitment to Power Africa, we intend to invest over the next several years in power generation and liquefied natural gas projects in sub-Saharan Africa, representing over $3 billion of capital expenditure, of which over $2.5 billion would be in Power Africa priority countries.

Rand Merchant Bank (RMB)

RMB
 

Rand Merchant Bank (RMB), a division of FirstRand Bank Limited, is a leading African corporate and investment bank and is part of one of the largest financial services groups in Africa.  RMB, through the FirstRand group, has branches and representative offices in 12 countries on the continent and a deal footprint across more than 35 African countries.  RMB has funded several infrastructure developments in many African countries over the past decade and has extensive experience in structuring innovative funding solutions that meet the unique requirements of both the private and public sector.

RMB’s partnership approach, asset class and jurisdictional knowledge together with the FirstRand balance sheet, enables RMB to underwrite, arrange and provide committed facilities across the whole capital structure, including senior debt, mezzanine debt and equity.

RMB is committed to maintaining its role as one of the leading debt arrangers for sub-Saharan African projects and is looking at a potential project pipeline worth over $5 billion, to be rolled out over the next few years.

 

ResponsAbility Investments AG

ResponsAbility Investments AG is one of the world’s leading independent asset managers specializing in development-related sectors of emerging economies. They comprise the areas of finance, agriculture, energy, healthcare and education. responsAbility provides debt and equity financing to non-listed companies with business models that target the lower-income section of the population and can thus drive economic growth and social progress. responsAbility offers professionally-managed investment solutions to both institutional and private investors.

Founded in 2003, responsAbility currently has USD 2.2 billion of assets under management, which are invested in 500 companies in 90 countries. responsAbility is headquartered in Zurich and has local offices in Paris, Lima, Mumbai and Nairobi. Its shareholders include a broad range of reputable institutions in the Swiss financial market as well as its own employees. responsAbility is registered with the Swiss Financial Market Supervisory Authority FINMA.

Reykjavik Geothermal

Reykjavik Geothermal (RG) is a geothermal power development company active in Ethiopia, Rwanda, Burundi, Democratic Republic of the Congo, Kenya and Tanzania. As part of its commitment to Power Africa, RG intends to:

  • Complete the Corbetti Project, a 500 MW geothermal power plant in Ethiopia, representing a total investment of $2 billion over a 4-6 year period
  • Complete an additional 500 MW of geothermal development in Ethiopia, representing total investment of $2 billion over a 5-8 year period
  • Catalyze at least $2 billion in investment for energy projects in Power Africa countries, which will increase the access to and reliability of electricity for over 90 million people
  • Seek further large-scale geothermal development opportunities in Kenya, Tanzania and other countries in the region
  • Enable rural entrepreneurs to create businesses from direct-use applications of geothermal energy, as well as take advantage of other opportunities arising from access to affordable power

Schneider Electric

As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in energy and infrastructure, industrial processes, building automation, and data centres/networks, as well as a broad presence in residential applications. Focused on making energy safe, reliable, efficient, productive and green, the company's 150,000 plus employees achieved sales of 24 billion euros in 2013, through an active commitment to help individuals and organizations "Make the most of their energy." Schneider Electric has local offices in 16 African countries, namely in Ghana, Nigeria, Kenya, and Tanzania, as well as remote operations and local partnerships all across Africa, including Liberia and Ethiopia.

Shell Foundation

Shell Foundation is an independent charity established by the Shell Group in 2000 to create and scale new solutions to global development challenges. The Foundation works with a small number of entrepreneurial partners to identify the market failures that underpin social and environmental issues and co-create new social enterprises to solve them - providing patient grant funding, business support and access to networks to help early-stage pioneers to innovate, achieve financial independence and expand across geographies. By applying this approach to major global challenges such as access to energy, job creation and urban mobility, Shell Foundation has created several strategic partners that are now delivering large-scale impact in multiple countries across Africa, Asia and Latin America.

SOENERGY

SOENERGY is a global provider of permanent and temporary energy solutions with a highly customized approach. Working with diverse types of fossil and renewable fuels coupled with the proper conversion technologies, SoEnergy strives to develop the most cost-effective and sustainable solutions for its customers.

To support the goals of Power Africa, SOENERGY is prepared to commit significant resources to expand its business in sub-Saharan Africa in order to promote economic development and specialized training in the region. In its global projects, SOENERGY consistently makes every effort to employ and train as its employees as many people from the region as possible and contribute to the local economy wherever its projects are located.

SOENERGY is currently actively pursuing projects in Angola, Sierra Leone, Liberia, Tanzania, and Mozambique and is working to identify additional opportunities in other Power Africa countries. This ambitious vision requires an elevated partnership built around concrete commercial and developmental interests.

Solar Capital

Solar Capital

Solar Capital is a subsidiary of Phelan Energy Group Ltd, a prominent South African based international investment and development company. Their mission is to be the leader in quality low-cost development, ownership and operation of solar PV farms for the long-term. Based in Cape Town, they have built up a proficiency in these aspects of renewable energy in order to realize their mission. Their success is underlined by having 175 MW of solar PV grid connected with a significant pipeline at hand.

SolarReserve

SolarReserve is a leading global developer of utility-scale solar power projects with more than $1.8 billion of projects in operation, and a pipeline of 6.6 gigawatts worldwide. SolarReserve and its partners have been awarded 346 megawatts of capacity under the first three rounds of South Africa’s IPP Procurement Programme. In addition, the company has commercialized a proprietary solar thermal energy storage technology that enables its solar power plants to reliably operate on-demand, providing baseload power 24/7. SolarReserve is headquartered in California, with seven international offices to support widespread project development activities across more than 20 countries.

Solar Sister

Solar Sister is an award winning social enterprise empowering African women while bringing light, hope and opportunity to their communities through safe, affordable clean energy solutions. Solar Sister is bringing a green energy revolution powered by African women's enterprise. Providing a grassroots solution to a global energy crisis, Solar Sister combines the breakthrough potential of clean energy technology with a deliberately women-centered direct sales network. Working in rural Africa, Solar Sister recruits, trains and supports women to become Solar Sister Entrepreneurs. The women build sustainable businesses selling portable solar lamps, mobile phone chargers and fuel-efficient cookstoves. Using their natural networks of family, friends and neighbors to provide the most effective distribution channel to rural and hard to reach customers the women earn much needed income to support their families and provide a vital service to their communities. Access to clean energy has profound benefits including improved education, health and economic outcomes.

Solektra

Solektra

SOLEKTRA INT is one of the new generation of African companies investing in economic growth and employment in Africa. At the core of our action is the firm conviction that development in Africa depends on the ability of the continent to harness its resources and devise genuine solutions to two major issues: access to energy and clean water. Based on an ambitious economic model, SOLEKTRA INT’s mission in Africa is comprised of two major goals:

1.    To devise clean and affordable energy solutions.  Since social and economic growth is impossible without energy, SOLEKTRA INT proposes to capitalize on Africa’s resources to ensure a large access to solar-powered electricity.SOLEKTRA INT is one of the new generation of African companies investing in economic growth and employment in Africa. At the core of our action is the firm conviction that development in Africa depends on the ability of the continent to harness its resources and devise genuine solutions to two major issues: access to energy and clean water. Based on an ambitious economic model, SOLEKTRA INT’s mission in Africa is comprised of two major goals:

2.    To provide access to clean drinking water. SOLEKTRA INT has established partnerships to spread the use of biological water purification systems.

A strong believer in Africa’s strengths and assets, SOLEKTRA INT is seeks to establish a benchmark model on the African Continent, bringing together different actors and providing a source of inspiration for other entrepreneurs.  SOLEKTRA INT works with a number of partners, as well as public authorities and banks to create the synergies that will reinforce the momentum already under way on the African continent.

SparkMeter

SparkMeter is the leading provider of smart metering solutions for micro-grid utilities and central grid utilities in developing countries, in particular in Africa. The company is headquartered in Washington DC, and designs and manufactures its hardware in the United States.

In support of Power Africa, SparkMeter is committed to work with governments and private partners to add 1,000,000 household and business connections across sub-Saharan Africa by 2020. SparkMeter intends to provide associated technical assistance and customer service support for clients to maximize energy services available through SparkMeter products.  Visit us at www.sparkmeter.io to learn more.

Standard Bank Group

Standard Bank Group is a South-Africa based bank, Africa's largest bank by assets, with a 150 year history on the African continent. Operating in 20 countries on the African continent, Standard Bank is committed to the development of the power sector in Africa and will support the Power Africa Initiative by committing to:

  • Supporting the establishment of Independent Power Projects (IPPs) through a combination of debt products, transactional services including providing bonds and guarantees, hedging, advisory services and carbon credit solutions for eligible transactions.
  • Continued underwriting of funding in the power sector for Power Africa countries, with US$1 billion of debt either already deployed since the initiative launch or earmarked for projects in Power Africa countries through 2018.
  • In addition, Standard Bank sees significant opportunity in other sub-Saharan African countries, and seeks to deploy an additional US$2 billlion of debt in these countries through 2018.
  • Supporting the policy reform process by sharing our assessment of the key regulatory changes that would facilitate private sector investment in power. 

Standard Chartered

Standard Chartered is a leading international banking group with 1700 offices in 68 markets. It has operated for over 150 years in some of the world's most dynamic markets and earns more than 90 percent of its income and profits in Asia, Africa and the Middle East. Standard Chartered's leading position in Project and Export Finance has allowed it to successfully complete a number of cutting edge Project Finance transactions in Africa and is a testament to its commitment to long- term sustainable infrastructure development.

  • Over the next five years, as part of its commitment to the Power Africa initiative, Standard Chartered intends to finance over $2 billion in funding for power projects in Power Africa countries. This commitment is expected to increase the quantity of power available by up to 1,500 MWs. 

SunFunder

SunFunder is solar finance business based in San Francisco and Arusha that connects investors to high-impact solar projects that improve the lives of low-income communities in Africa, Asia and Latin America. SunFunder's solar investment platform is for both private and crowd investors, and it provides financing to grow solar energy in emerging markets and bring sustainable and clean energy access to people that need it most.

SunPower

SunPower Corporation is a leading solar technology and energy solutions provider, delivering unmatched reliability, efficiency, and guaranteed performance. Through development, design, manufacturing, installation, ongoing maintenance and monitoring, SunPower provides its proprietary, high- performance solar technology to residential, commercial and utility customers worldwide.  SunPower aims to invest significantly in power projects in sub-Saharan African countries, aligned with the goals of the Power Africa to increase access to clean, reliable power in Africa, and are expected to benefit more than 1 million homes by 2018.

Symbion Power

Symbion Power is a U.S.-based power developer working primarily in Africa. With offices in South Africa, Nigeria, and Tanzania, Symbion builds, owns, and operates electrical power infrastructure across the continent. We specialize in the construction of turnkey electric power systems, including power stations, extra high voltage transmission lines, distribution lines, substations and switchyards. The company also owns and operates power plants. Through Symbion Power Training Centers, the company works closely with local communities to develop a labor force capable of executing projects. In line with the Power Africa goal of providing access to clean, reliable energy in Africa, Symbion aims to catalyze US$ 1.8 billion in investment for energy projects in Power Africa countries over the next five years, which will increase access to electricity to millions of users in these countries. This investment will include:

  • In partnership with the Tanzania Electricity Supply Company (TANESCO), Symbion is developing a 400MW power plant in Mtwara, Tanzania and a transmission line across the south of Tanzania.
  • In partnership with KMR Infrastructure, Symbion will complete two small-scale biomass projects in Kigoma and Tunduru that will replace diesel-based power for these two mini-grids. Symbion and KMRI are committed to developing similar projects for additional mini-grids and industrial off-takers in other locations in Tanzania.
  • Symbion is in discussions with Ormat Technologies to collaborate in the development of geothermal power plants in Tanzania.
  • Symbion won the right to acquire a 972MW gas-fired power plant in Ugheli, Nigeria as part of the Transcorp Ugheli Power Ltd. Consortium, which will under-go significant rehabilitation and expansion.
  • In partnership with Supertek Ltd., Symbion is developing a 100MW fast-track gas-fired generation project in Ajaokuta;
  • Symbion intends to either acquire or build several other new power plants in Nigeria, including playing a major role in the bidding for the NIPP power plants that are now up for sale.
  • Symbion is actively pursuing possible off-grid renewable energy projects in Nigeria, including in Niger State.
  • Symbion is developing a 450MW gas-fired power plant in Ghana.
  • These planned activities are aligned with the goals of the Power Africa Initiative to increase access to clean, reliable power in Africa, and are expected to increase the quantity of power available by over 1,500 MWs.

The Eleos Foundation

The Eleos Foundation strives to improve millions of lives by investing in pioneering business solutions to poverty. At Eleos, we believe that sustainable market-based solutions will be the most effective way to eradicate extreme poverty. From affordable education in India, to sanitation in the slums of Kenya, we're committed to innovative entrepreneurs solving tough problems. We aim to bridge the "Pioneer Gap" by providing entrepreneurs with the early-stage capital and advisory support needed to take their business from a pilot to a proven model, ready to scale.

The Low Carbon Enterprise Fund

The Low Carbon Enterprise Fund ("LCEF"), a global program of the ERM Foundation, provides finance and professional support for low carbon entrepreneurs in disadvantaged areas. The fund portfolio includes early stage companies in Africa, India, Southeast Asia and Latin America that provide communities with clean energy products such as solar, wind, fuel efficient cooking stoves, biogas, pico hydro, and microgrids. The Fund's financial investment and technical support helps small businesses bring affordable, low carbon products and services to some of the world's poorest and usually off-grid communities - reducing dependency on kerosene, firewood and other unsustainable sources of energy. In addition to having a clear low carbon objective, the businesses we support provide tangible social and economic benefits to the communities in which they operate including access to affordable energy, improving health conditions and the creation of forest-friendly livelihoods. The LCEF is able to draw upon the expertise of ERM's global network of consultants to provide technical and management support to these ventures through pro-bono consultancy time contributed by the company as part of its commitment to sustainability initiatives.

The Tony Elumelu Foundation

Founded in 2010, The Tony Elumelu Foundation is a African-funded philanthropic organisation focused on supporting entrepreneurship in Africa by enhancing the competitiveness of the private sector. The foundation creates impact through business leadership and entrepreneurship development programmes, impact investments; research and policy advocacy.

Treehouse Investments, LLC>

Treehouse Investments

Treehouse Investments, LLC, is a privately owned, impact-focused investment fund founded in 2013.  We are dedicated to supporting long-term sustainable and scalable solutions that address the world’s most critical challenges.  We believe that the private sector is essential to meeting the pressing market needs created by climate change, gender inequality, and uneven access to capital.  We recognize that supporting transformational business models and strategies not only benefits the planet and us as its inhabitants, but also represents a significant market opportunity.

Treehouse Investments targets market rate returns by investing in companies with sustainable business models that address three core impact objectives: 1) reducing greenhouse gases, 2) empowering women, and 3) catalyzing a capital shift to sustainable investment practices.

 

U.S. Energy Association

U.S. Energy Association is an association of American public and private energy-related organizations, corporations, and government agencies. USEA represents the broad interests of the U.S. energy sector by increasing the understanding of energy issues, both domestically and internationally. USEA supports the mission of the World Energy Council, "to promote the sustainable supply and use of energy for the greatest benefit of all."

  • USEA, which is heavily engaged in Africa, commits to integrating the Initiative into its numerous activities over the coming months and years, particularly into its international utility partnerships and utility peer-to-peer executive exchanges. USEA will sponsor special events and briefings on the Initiative and opportunities for trade and investment in the partner countries. USEA will incorporate presentations and updates about the opportunities and progress of the Initiative at it numerous public briefings and meetings.

United Nations Foundation

The United Nations Foundation builds public-private partnerships to address the world's most pressing problems, and broadens support for the United Nations through advocacy and public outreach. Through innovative campaigns and initiatives, the Foundation connects people, ideas, and resources to help the UN solve global problems. The Foundation was created in 1998 as a U.S. public charity by entrepreneur and philanthropist Ted Turner and now is supported by global corporations, foundations, governments, and individuals. For more information, visit www.unfoundation.org.

United Capital

United Capital Plc (formerly UBA Capital) is a major financial and investment services provider with wide expertise in the African market and a track record of world-class execution in its range of businesses which includes Project and Infrastructure Finance, Capital Markets, Mergers & Acquisitions and Structured Finance.

Power has been at the forefront of United Capital’s infrastructure projects, with the company providing financial advisory services on the construction, expansion and acquisition of power plants across Nigeria. United Capital acted as financial advisor on the acquisition of three of the six power generation companies privatized under the Federal Government of Nigeria’s recent Power sector privatization exercise. This is in line with United Capital’s commitment to Nigeria’s goal of raising the country’s operating capacity from 4,000MW in 2012 to 40,000MW by the year 2020.

As part the Power Africa Initiative, United Capital is focused on expanding the reach of its impact across Africa by working more closely with the public and private sectors to support innovative and practical solutions to the current power shortage.

United Capital is committed to the economic empowerment of the African people through increased access to power.

 

Vestas

Every single day, Vestas wind turbines deliver clean energy that supports the global fight against climate change. Wind power from Vestas’ more than 53,700 wind turbines currently reduces carbon emissions by over 60 million tons of CO2 every year, while at the same time building energy security and independence.

Vestas has delivered wind energy in 73 countries, providing jobs for around 19,700 passionate people at our service and project sites, research facilities, factories and offices all over the world. With 52 per cent more megawatts installed than our closest competitor and more than 64 GW of cumulative installed capacity worldwide, Vestas is the world leader in wind energy. We invite you to learn more about Vestas by visiting our website at www.vestas.com

Viability Africa

Viability Africa, based in Nairobi, Kenya, is a project development and financial advisory firm focusing on commercial and utility small and medium scale renewable energy projects based in sub-Saharan Africa. The company is active in Kenya, Rwanda, Tanzania, Uganda, Ethiopia and Ghana and is focused on feasibility studies and financing for solar photovoltaic, wind, small-scale hydropower and biomass power projects. In support of Power Africa, the company is seeking to:

  • Reach financial close on 20 MW of small hydro, 40 MW of solar PV, and 15 MW of biomass grid connected power projects in Kenya and Tanzania within the next three years.
  • Catalyze $500 million in investment for clean energy projects in Power Africa countries over the next five years, which are projected to result in an annual reduction of over 800,000 tons of greenhouse gas emissions.
  • Provide Power Africa countries with technical capacity in project development and financial advisory services.
  • These planned activities are expected to increase the quantity of power available to Kenya, Uganda, Rwanda and Tanzania by 250 MWs. These investments could directly benefit over 250,000 households and businesses by 2018.

These planned activities are expected to increase the quantity of power available to Kenya, Uganda, Rwanda and Tanzania by 250 MWs. These investments could directly benefit over 250,000 households and businesses by 2018.

Vital Capital

Vital Capital Fund is a $350 million private equity fund that invests in opportunities which simultaneously enhance the quality of life of communities in rapidly developing nations, primarily in Sub-Saharan Africa, while also delivering attractive financial returns for investors. Vital has over 30 years of successful experience in Africa. Vitals' primary investment interest is the development of infrastructure. Vital broadens its investment prospects by focusing on urban, large-scale, community-integrated housing concepts, renewable energy, water and initiating fully integrated agro-industrial solutions, as well as giving particular emphasis to education and healthcare.

Virunga Power

Virunga Power is Kenya-based company focused on developing, owning, and operating 1 to 10 MW renewable power generation projects for rural distribution across East Africa. We are currently investing in and developing grid-connected mini-hydro, biomass, and solar PV projects with significant rural electrification components. These projects will support our mission of creating a scalable model for utility-style rural electrification projects which are financeable based on the long-term power consumption of rural households.