Project detail - RIVERBLADE HOLDING B.V.

RIVERBLADE HOLDING B.V.

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Who is our client

Riverblade Holding BV is envisaging to develop two small river-based hydro stations with a total capacity of around 6MW, providing access to energy to around 20,000 people in Sierra Leone.

Funding objective

The objective is to finance 50 percent of the feasibility study. The target of the feasibility study is to assess the bankability, technical feasibility and E&S impact of the river-based hydro stations. The study will determine the location(s) of the first two hydro's out of 5 potential locations.

Why we fund this project

FMO funded this project as it provide long-term sustainable energy in SSA countries. With an installed capacity of only 83MW Sierra Leone is in great need of electricity and private investment. Access to electricity in Sierra Leone is restricted to the main urban centers and even there rather limited. Riverblade’s river-based hydro stations 2X3MW provide access to clean electricity to approximately 20,000 people.

Region
Africa
Country
Sierra Leone
Sector
Energy
Signing date
6/9/2016
Total FMO financing
EUR 0.20 MLN
Fund
Access to Energy Fund
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)