Echosys Advisory is pleased to have assisted Sagemcom in this landmark transaction and to have contributed to the creation of Escotel, an energy service company which will operate in Sub-Saharan African.
Congratulations to Inspired Evolution Investment Management (Pty) Ltd, Norfund and Sagemcom.
The new company Escotel will provide clean energy services to mobile tower owners and operators in Africa.
Escotel will supply, install, operate and maintain decentralised solar and storage hybrid power systems for a portfolio of around 900 telecom sites in Sierra Leone, Liberia and over time the Democratic Republic of Congo.
Inspired Evolution, an Africa-focused investment advisory firm that specialises in clean and renewable energy, led the US$35m equity investment by its Evolution II Fund and co-investors, Norfund and Sagemcom, with the aim to establish and finance Escotel.
Latest news 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 […]
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 […]
