Project detail - ACCESS TO ENERGY GGMBH

ACCESS TO ENERGY GGMBH

Status: Completed investment
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Disclaimer

The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.

Who is our customer

The Access to Energy Institute (A2EI) aims to develop solar-based innovations for productive use across the off-grid solar energy sector for agriculture and business.

What is our funding objective?

A2EI intends to push solar energy companies to collaborate and to integrate the innovations A2EI develops, going beyond “just lighting. The Institute will “pool” resources to efficiently test and bring to market various appliances and products for improved productivity and lives.

Why do we fund this investment?

Institute is expected to enable people to afford a better life and to earn it themselves, through the productive use of solar. Indeed, through the efforts of A2EI, it is expected “solar” to serve more as an asset for green economic growth.

Country
Global
Sector
Energy
Effective date
1/3/2019
End date
12/16/2022
Total FMO financing
EUR 0.15 MLN
Funding
FMO NV