Proparco and Energy Access Ventures back Solarise Africa investment round

Energy Access Ventures

(EAV) announced a follow-on investment in Solarise Africa, a pan-African clean energy and energy efficiency leasing company. The round was led by French development finance institution Proparco which invested the dollar equivalent of €4m in quasiequity through the AFD

Group EU-funded African Renewable Energy Scale-Up facility, alongside existing investors EAV and EDFI ElectriFI, an EU-funded impact investment facility.