ECHOSYS INVEST is proud to announce the signing of a USD 15 million loan from AFRIGREEN DEBT IMPACT FUND to finance solar C&I projects by westa.solar, a subsidiary of Ignite Power.
AFRIGREEN is a leading investment fund managed by RGREEN INVEST and advised by ECHOSYS INVEST, focused on sustainable energy solutions and backed by prominent institutions including the European Investment Bank (EIB), the IFC – International Finance Corporation, BIO Belgian Investment Company for Developing Countries, FMO – Dutch entrepreneurial development bank, Proparco, Société Générale, and BNP Paribas.
“This is AFRIGREEN’s second transaction in Nigeria, and the first in local currency,” said Alexandre Gilles, Managing Director of ECHOSYS INVEST. “Our ability to offer Naira-denominated loans is key to unlocking the full potential of the renewable energy sector in the country. The IFC – International Finance Corporation played a crucial role in providing bespoke hedging instruments to mitigate currency risk.”
Latest news ECHOSYS INVEST is proud to have successfully raised the AFRIGREEN DEBT IMPACT FUND to the €100 million target in partnership with RGREEN INVEST. We are deeply honored by the trust of our investors and excited to expand our capital deployment in Africa AFRIGREEN’s initial investments have confirmed the growing demand for capital among project developers […]
ECHOSYS INVEST is proud to announce the signing of a $ 15 m loan from AFRIGREEN DEBT IMPACT FUND to finance solar C&I projects by WATT Renewable Corporation. AFRIGREEN is a leading investment fund managed by RGREEN INVEST and advised by ECHOSYS INVEST, focused on sustainable energy solutions and backed by prominent institutions including the […]
Echosys Advisory is proud to have acted as the exclusive financial advisor to Akuo on the sale of its African division to Taranis Investments, part of the Perenco group. Congratulations to Akuo and Taranis on the successful handover, which marks a key milestone for renewable energy in Africa. Teams involved:Akuo: Eric Scotto, Pierre-Antoine Berthold, Thomas […]
