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ElectriFI will support renewable energy investments, with a focus on rural electrification.

ElectriFI will support renewable energy investments, with a focus on rural electrification. The main actor to be targeted is the private sector. Public institutions, including Local Authorities, may nevertheless equally benefit under the same market based conditions, considering the needs and opportunities in each targeted country/region.

ElectriFI will support renewable energy investments, with a focus on rural electrification, of a total budget above EUR 0.5 million. At early project stages or during the pilot phase, own capital is expected to be in the scale of 50%. At later project stages and in view of scaling up, own capital is expected to be in the scale of 15% with a senior debt financing at the scale of 60%. The total amount contributed by ElectriFI will not exceed EUR 10 million per project. The secondary debt repayment period could be between 10 and 20 years.

Fore more information please visit http://electrifi.org/ or contact info@electrifi.org

Published 08.02.2016