The design, structuring, and implementation of an energy inclusion facility. The Facility will be focused on providing senior and mezzanine debt financing to small scale projects (on-grid, mini-grid and off-grid) with total costs less than USD 30 million and to distributed energy companies and other entities focused on off-grid energy solutions. The Facility will seek, through a stream-lined platform, to alleviate the barrier of high transaction costs faced by small scale projects and increase the flow of capital to the energy sector. While playing a catalytic role, the Facility will also seek to operate on a commercial basis.
The facility (FEI) is a new Debt Fund for small-scale renewable energy in Africa. The aim is to contribute to the electrification of Africa. The Facility is designed to support small-scale Independent Power Producers (IPPs) delivering power to the grid, mini-grids and captive power projects. Priority will be given to projects in Sub-Saharan countries with lower electricity access rates.
https://www.norfund.no/the-facility-for-energy-inclusion/
https://ec.europa.eu/international-partnerships/projects/facility-energy-inclusion_en#:~:text=The%20Facility%20for%20Energy%20Inclusion%20(FEI)%20is%20a%20debt%20financing,captive%20installations%20and%20mini-grids.
https://www.africanpowerplatform.org/financing/debt/804-afdb-facility-for-energy-inclusion-fei.html
https://www.afdb.org/en/projects-and-operations/p-z1-f00-063