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.