⬇ This will be Sierra Leone's first large-scale solar project to be connected to the grid, improving energy access across the country. There is an urgent need for clean, affordable and stable power in Sierra Leone, where only 23 per cent of the population have access to electricity. This is one of the lowest rates of electricity access in the world. It is having a significant impact on health and education outcomes and hindering job creation and poverty reduction. Alongside renewable fund manager Frontier Energy | Africa, BII and other DFIs including FMO - Dutch entrepreneurial development bank and Proparco invested over $52 million in Planet Solar. It's a greenfield 50 MW solar power project which is expected to increase the country's electricity supply by 30 per cent. This project will enable more power to flow to industries and communities in the capital city Freetown, the Western region and four other areas throughout the country.
Om os
Frontier Energy is one of the leading developers and investors in renewable energy in Africa, through two investment funds, registered in Denmark: - DI Frontier Market Energy & Carbon Fund started in 2011 with 70m USD in capital - Frontier Energy II started in 2017 with 227m USD in capital. The investment funds are managed by Frontier Investment Management, a Danish regulated alternative investment fund manager, with offices in Copenhagen and Nairobi, Kenya, where the bulk of its team is located. The group is an active investor with a diversified team for handling investments, development, construction, and operation. High ESG standards and positive impact is an underlying principle across all activities, from the level of local communities in areas of operation, national in the countries of operation, and globally by reducing carbon emissions. Investors in the fund represent most of the European development banks and a good selection of private investors, with about half of the capital from private sources and half from public sources.
- Websted
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http://www.frontier.dk
Eksternt link til Frontier Energy | Africa
- Branche
- Investeringsforvaltning
- Virksomhedsstørrelse
- 201-500 medarbejdere
- Type
- Privat
- Grundlagt
- 2010