Empower, CI1 to back development of 100 MW of solar in Africa
10 May 2022

Read the full article here at Renewables Now

Climate Investor One (CI1), the inaugural facility managed by the Climate Fund Managers (CFM), has entered into a deal with Empower New Energy to support the development of 100 MW of solar projects in Africa.

The newly-signed development funding agreement will involve projects for commercial & industrial (C&I) customers across 10 African countries.

Empower is an international impact investment company that has established a global network of developers, pipeline projects and identified off-takers. It targets solar investments in countries such as Egypt, Ghana, Kenya, Morocco and Nigeria, as well as Cameroon, Ivory Coast, Rwanda, Senegal, Sierra Leone and Zambia.