ELECTRIFICATION FINANCING INITIATIVE
The Electrification Financing Initiative (ElectriFI) is a flexible financial facility funded by the European Commission and managed by the Association of European Development Finance Institutions (EDFI). ElectriFI aims to support investments that increase and/or improve access to modern, affordable and sustainable energy services. The projects must lead to new and improved connections for populations living principally in rural, under-served areas as well as regions affected by unreliable power supply in developing countries.
ELECTRIFICATION FINANCING INITIATIVE
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Founded:
2016-01-01
Status:
Active
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Current Employees Featured
Investments List
| Date | Company | Article | Money raised |
|---|---|---|---|
| 2022-02-03 | Sistema.bio | Electrification Financing Initiative investment in Series B - Sistema.bio | 15.6 M USD |
| 2021-12-23 | Fin'ELLE | Electrification Financing Initiative investment in Debt Financing - Fin'ELLE | 1.5 M EUR |
| 2021-07-22 | MyJouleBox | Electrification Financing Initiative investment in Series A - MyJouleBox | 2 M EUR |
| 2020-10-27 | Candi | Electrification Financing Initiative investment in Debt Financing - Candi | 2.68 M USD |
| 2020-09-09 | Solarise Africa | Electrification Financing Initiative investment in Series B - Solarise Africa | 10 M USD |
| 2019-12-19 | Bamboo Energy Access Multiplier (BEAM) | Electrification Financing Initiative investment in Venture Round - Bamboo Energy Access Multiplier (BEAM) | 8 M USD |
| 2019-11-05 | Powergen Renewable Energy | Electrification Financing Initiative investment in Series B - Powergen Renewable Energy | 15 M USD |
| 2019-09-04 | PEG Africa | Electrification Financing Initiative investment in Debt Financing - PEG Africa | 5 M USD |
| 2019-09-03 | PEG | Electrification Financing Initiative investment in Debt Financing - PEG | 5 M USD |
| 2019-09-02 | Nuru | Electrification Financing Initiative investment in Convertible Note - Nuru | 351 K USD |