Projects must be off-grid clean energy solutions such as solar mini-grids, solar homes systems, solar lanterns, fridges, pumps, driers and clean cooking products, small medium enterprise coolhubs and low carbon public transport or such other eligible projects as may be approved by the Funders.
Eligibility Criteria
Financing Structure
The Facility will use its impact-seeking capital to provide blended first loss and low-interest funding to eligible off-grid energy companies originated by InfraCredit to enable access to naira debt financing from the domestic debt capital markets guaranteed by InfraCredit and catalyse (with a target ratio of at least 50%) domestic institutional investments from pension funds, insurance companies, and other asset managers towards increasing clean energy access in Nigeria in line with commitments at COP26.