offgrid and investors company-profiles_updated (1)

8/19/2019 OffGrid and Investors Company-profiles_updated (1)

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Global O-Grid Lighng Associaon (GOGLA)

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The Global O-Grid Lighng Associaon (GOGLA) is a neutral, independent, not-for-protassociaon created to promote lighng soluons that benet society and businesses in developingand emerging markets. GOGLA acts as the industry advocate and supports the industry in growing

and strengthening the market for clean, quality o-grid lighng and electrical systems. Its mainobjecve is to support industry in scaling the sector based on principles of the triple boomline, thus contribung to the objecves of Sustainable Energy for All (SE4All) and the MillenniumDevelopment Goals (MDGs).

Formed in 2012 as public-private iniave, GOGLA was conceived out of a joint World Bank/IFCLighng Africa and private sector eort to accelerate market development for energy access.GOGLA’s unique posion as an advocate for o-grid lighng outside the philanthropic areaenables it to complement the work of partners and to connue where the World Bank / IFC

Lighng Global program stops.

The associaon welcomes the parcipaon of all stakeholders within the o-grid lighng sector.


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Company Proles - Industry

Azuri Technologies

Legal status: Limited company

Contact person and email: Emily Ord [[email protected]]

Website: www.azuri-technologies.com

Country of incorporaon: England

Business start date: 2012

Core business areas(including types ofproducts):

Azuri Technologies Ltd. is a commercial provider of PayGosolar home systems to rural o-grid communies acrosssub Saharan Africa.

Geographic scope ofacvies:

enya, Uganda, Ethiopia, South Sudan, Malawi, South Africa,Zimbabwe, Togo, Ghana, Tanzania, Rwanda and SierraLeone

Number of employees: 25

Esmated turnover:

☐ Below $1 million☒ $1 million - $5 million☐ $5 million - $15 million☐ Above $15 million


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Barefoot Power

Legal status: Limited company

Contact person and email: Rick Hooper, CEO [[email protected]]

Website: www.barefootpower.com

Country of incorporaon: Australia



O-grid energy company, leading in solar home system andaccessory design & distribuon.Specialized in large scale electricaon projects based onpico PV, providing end-to-end soluons including nancing,installaon, maintenance and lifecycle management


East and West Africa, India, Lan America


Esmated turnover:

☐ Below $1 million☐ $1 million - $5 million☒ $5 million - $15 million☐ Above $15 million

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BBOXX

Legal status: Limited company of England and Wales

Contact person and email:Mansoor Hamayun [[email protected]]Assistant: Natasha Cooper [[email protected]].

Website: www.bboxx.co.uk

Country of incorporaon: England



BBOXX is leading The Solar Revoluon by oering an on-grid experience in an o-grid world powered through aunique nancing model to sell solar home systems to themass market on a monthly payment plan. BBOXX leads andmanages all aspects of its business operaons – engineeredin London, manufactured in its factory in China, followed bydistribuon to partners in 35 countries and 30 local shopsin Kenya, Rwanda and Uganda.


Kenya, Rwanda and Uganda, with partners working in SierraLeone, DRC, Tanzania, Pakistan, South Sudan, Malawi,

Senegal, Burkina Faso and Ivory Coast.Number of employees: 130

Esmated turnover:


6


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BRIGHT Products

Legal status: Limited Company

Contact person and email: Ingun Berget, CEO [[email protected]]

Website: www.bright-products.com

Country of incorporaon: Norway

Business start date: November 11. 2011 - Commercial launch May 2014


Product development and sale of mul-funconal solar

lamps, phone chargers and solar powered accessories.

Primary market - O Grid consumers/users through

commercial distributors and UN/Aid & Relief organizaons

Secondary market: Consumer market in Scandinavia, EU

and US/CA through outdoor/camping/boang retailers

Geographic scope of

acvies:

Global. Currently sold in East Africa, Angola, EU and US.

Long term agreement with the UN. 210.000 units sold


Esmated turnover:


7


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Centre for Research in Energy and EnergyConservaon

Legal status: Company Limited by Guarantee without share capital

Contact person and email: Moses Kakooza [[email protected]]

Website: www.creec.or.ug

Country of incorporaon: Uganda

Business start date: December 3, 2010 = registraon, but operang since 2001


Applied research, training and consultancy in ruralelectricaon, energy for producve use, householdenergy, energy entrepreneurship and energy eciency.In addion CREEC operates two tesng labs: one for cookstoves and one for solar PV equipment and system


East Africa


Esmated turnover:

☒ Below $1 million☐ $1 million - $5 million☐ $5 million - $15 million☐ Above $15 million

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Fenix Internaonal

Legal status: Incorporated

Contact person and email: Mike Lin [[email protected]]

Website: Fenixintl.com

Country of incorporaon: USA, Uganda, Kenya, Tanzania



Fenix designs, manufactures, and distributes mobilepayment enabled lease-to-own solar soluons for o-gridhouseholds and businesses. Fenix ReadyPay Solar kits varyin size and are uniquely upgradable to add solar panels,phone chargers, LED lighng, radios and LCD TVs.


East Africa

Number of employees: ~80

Esmated turnover:


9


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Nadji.Bi


Contact person and email: Julien Potron [[email protected]]

Website: www.nadjibi.com

Country of incorporaon: Senegal



We are designing, manufacturing and selling solar devicesin West Africa (Senegal). We have 3 type of products: SolarLamps, Solar Home System (6W) and Solar Streetlights.


We have companies in Burkina Faso, Cameroon, Senegaland France. We are selling mainly in French speaking

countries and in Ghana and Nigeria.


Esmated turnover:


10


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Nokero

Legal status: Private sector. Limited Company

Contact person and email: Ma Clark, General Manager [[email protected]]

Website: www.nokero.com

Country of incorporaon: Hong Kong



Nokero Solar is a for-prot company with a mission toprovide aordable solar technology soluons for poor, o-grid communies around the world. Since 2010, we havesold over 1,000,000 solar lightbulbs in over 120 countriesworldwide.


Global, with emphasis on Africa, Southeast Asia and LanAmerica.

Number of employees: 15+

Esmated turnover:


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Nova Lumos

Legal status: Limited liability company

Contact person and email: Daniel Ben Yehuda [[email protected]]

Website: www.nova-lumos.com

Country of incorporaon: Netherlands



Pay per use solar power systems.


West Africa

Number of employees: 50-100

Esmated turnover:

☐Below $1 million☐ $1 million - $5 million

☒ $5 million - $15 million☐ Above $15 million

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Omnivoltaic

Legal status: Incorporated in Hong Kong SAR

Contact person and email: Xiaojun Kang [[email protected]]

Website: www.omnivoltaic.com

Country of incorporaon: Hong Kong SAR

Business start date: May, 2013


Development and markeng of solar powered o-gridproducts and soluons, with a focus on product innovaonand quality. Currently selling o grid lighng, homesystems, and independent hybrid power staons.


Africa, SE Asia, Oceania, Lan America


Esmated turnover:


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One Degree Solar

Legal status: Corporaon

Contact person and email: Gaurav Manchanda [[email protected]]

Website: www.onedegreesolar.com

Country of incorporaon: USA



1) Design and manufacture variety of solar products (micro-SHS,portable lamps, and accessories)

2) Develop & provide distributors access to soware tools formanagement of customers, inventory & nancials (ERP/CRM,SMS service plaorm, PAYG)

3) Provide advisory services to naonal distributors

Geographic scope of

acvies: East Africa, Pacic Islands


Esmated turnover:

☐ Below $1 million☐ $1 million - $5 million☐ $5 million - $15 million☐ Above $15 million

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mailto:[email protected]://onedegreesolar.com/http://onedegreesolar.com/mailto:[email protected]


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OSRAM

Legal status: Publicly listed company

Contact person and email: Chrisna Schmöe [[email protected]]

Website: www.osram.com/ogrid

Country of incorporaon: Germany



OSRAM is one of the two leading light manufacturersin the world. The company's porolio covers the enrevalue chain from components – including lamps,electronic control gear and opto semiconductors such aslight-eming diodes (LED) – as well as luminaires, lightmanagement systems and lighng soluons.


Global

Number of employees: > 34,000

Esmated turnover:

☐ Below $1 million☐ $1 million - $5 million☐ $5 million - $15 million☒ Above $15 million

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Product Health

Legal status: Limited company registered in the UK

Contact person and email:Tamara Giltso, VP Business Development

[[email protected]]

Website: www.producthealth.com

Country of incorporaon: UK

Business start date: July 2013 (although R&D since 2012)


Remote monitoring and data analycs on Solar Home Systems andbaeries.

Product Health sells intelligence on products as a soware service tomanufacturers and distributors of those products, such as Solar HomeSystems and baeries. Product Health Service connects remotelyto a product, analyses data from it and then triggers status alerts.Customers can know how the product is being used, if the product ishealthy or if it is geng into trouble. They can act on this intelligenceand control the product remotely.


global but currently monitoring units in East and West Africa withcustomers distribung there.

Number of employees: 8 fullme, 2 part me.

Esmated turnover:


16

http://www.producthealth.com/http://www.producthealth.com/


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Philips

Legal status: Publicly listed company

Contact person and email: Harry Verhaar [[email protected]]

Website: www.philips.com

Country of incorporaon: Netherlands



Royal Philips (NYSE: PHG, AEX: PHIA) is a diversied

health and well-being company, focused on improving

people’s lives through meaningful innovaon in the

areas of Healthcare, Consumer Lifestyle and Lighng.

Headquartered in the Netherlands, Philips posted 2013

sales of EUR 23.3 billion and employs approximately

112,000 employees with sales and services in more than

100 countries. The company is a leader in cardiac care,

acute care and home healthcare, energy ecient lighng

soluons and new lighng applicaons, as well as male

shaving and grooming and oral healthcare.

Geographic scope:Global

Number of employees: > 34,000

Esmated turnover:

☐ Below $1 million☐ $1 million - $5 million☐ $5 million - $15 million☒ Above $15 million

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Solarkiosk

Legal status: German Holding Company, Corporaon

Contact person and email: Andreas Spiess, CEO [[email protected]]

Website: www.solarkiosk.eu

Country of incorporaon: Germany, Ethiopia, Kenya, Rwanda, Tanzania, Ghana



SOLARKIOSK technology design, the E-HUBB, is anenergy service provider, a community distribuon hub,and becomes the market center of a BoP community.SOLARKIOSK’s prot centers are based on three revenuestreams: products (solar, FMCGs), services (charging,cooling, etc.), and producve use (salon, cyber café, etc.).


Worldwide; Specialized: Sub-Saharan Africa, Asia

Number of employees: Approx. 60

Esmated turnover:


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Solarway

Legal status: Private Limited Company

Contact person and email:Shantanu Dua, Markeng Manager[[email protected]]

Website: www.solarway.com

Country of incorporaon: United Arab Emirates

Business start date: Nov 2012


Solar Powered Lights and Phone Charging Products fordomesc and personal usage.


Africa and Middle East


Esmated turnover:


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Sinoware

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Legal status: Private Limited Company

Contact person and email: Tommy Huang [[email protected]]

Website: www.sinoware.com.cn

Country of incorporaon: China



Africa, Middle east, Asia, (products: Solar lamp, solarlantern, solar lighng system)


Africa, Indonesia, Middle East, India


Esmated turnover:


mailto:[email protected]:[email protected]


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Solar Works!


Contact person and email: Arnoud de Vroomen [[email protected]]

Website: www.solar-works.nl / www.solar-works.co.za

Country of incorporaon: The Netherlands

Business start date: December 2008


Solar Lighng, charging and Direct Current power provisionfor areas where there is no or limited access to electricity.

We stand out in:

- Making sure products don’t work only on solar

- Products for “slum environments”- Low cost housing


- Product development in Del, The Netherlands

- Markeng and sales in Southern Africa (about 10

countries)


Esmated turnover:


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mailto:[email protected]://www.solar-works.nl/http://www.solar-works.co.za/http://www.solar-works.co.za/http://www.solar-works.nl/mailto:[email protected]


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SunnyMoney

Legal status: SunnyMoney Global Ltd No. 07788918.

Contact person and email:Ruth Dobson, Chief Financial Ocer

[[email protected]]

Website: www.sunnymoney.org

Country of incorporaon: UK

Business start date:SunnyMoney was formed in 2008 and is wholly owned bythe UK charity SolarAid


SunnyMoney specialises in entry level and mul-funcon(including phone charging) pico-solar light distribuon andsales. SunnyMoney is product neutral and all lights areLighng Africa approved. Manufacturers include d.light,GreenLight Planet, Marathoner and Barefoot Power.


SunnyMoney operates in Kenya, Tanzania, Zambia, Malawiand Uganda. It will start trading in Rwanda in 2015


Esmated turnover:


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Village Power

Legal status: AG (Ltd)

Contact person and email:Thomas Huth [[email protected] ]

Website: www.village-power.ch

Country of incorporaon: Switzerland

Business start date: End of 2013


Solar Soluons for Rural Electricaon(Solar powered Lanterns, Solar Home Systems, O-GridPackages, Mini-Grids, Solar Street & Security Lights, Solarpowered Water Pumps).


Sub-Saharan Africa (Currently Uganda, Zambia, Mozambique, Tanzania


Esmated turnover:


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mailto:[email protected]://www.village-power.ch/http://www.village-power.ch/mailto:[email protected]


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WakaWaka

Legal status: B.V. (Limited Company)

Contact person and email: Maurits Groen [[email protected] ]

Website: www.waka-waka.com

Country of incorporaon: the Netherlands



Developing, manufacturing, and distribung solar devicesfor o-grid areas, light and chargers.


Europe, USA, Hai, Liberia, Sierra Leone, the Gambia,Rwanda, Kenya, Mali, South Africa, Uganda, Syria, Iraq,Indonesia, the Philippines, and many other countries.


Esmated turnover:

☐ Below $1 million

☒ $1 million - $5 million☐ $5 million - $15 million☐ Above $15 million

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mailto:[email protected]://www.waka-waka.com/http://www.waka-waka.com/mailto:[email protected]


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Contact person andemail: Sean Moore, [[email protected]]

Website: www.acumen.org

Focus sector/s: Agriculture, Educaon, Energy, Healthcare, Housing, Water &Sanitaon..

Assets undermanagement:

~$60 million

Business stage ofporolio companies:

Venture and early growth

Type of oeredinvestment: Equity, converble debt, debt

Average cket sizeinvestment:

$250k - $750k for venture stage; $750k - $3.0M for earlygrowth stage

Current/past

experiences with o-grid energy companies: Current energy porolio consists of 10 companies with anaggregate IUM of ~$10 million. Porolio contains 5 solarenergy product companies (lanterns, home systems, waterheaters) and 5 mini-grid companies (biomass and hydro).

Company Proles - Investors

Acumen

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mailto:[email protected]://www.acumen.org/http://www.acumen.org/mailto:[email protected]


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Contact person andemail:

Alexia C. Kelly [[email protected]]

Website: www.allotropepartners.com

Focus sector/s: Solar, Wind, Biomass, Oil and Gas, Hydropower, Sustainableagriculture, Energy eciency soware



Allotrope Solar: Start-Up; Blue Lake Round Stock: Start-Up;Big Sky Wind Energy: Start-Up; VFlare/VFuels: Start-Up; NatelEnergy: Start Up.

Type of oeredinvestment:

Merchant banking company: provides advisory and capital toearly stage companies and develops and operates low carbonassets

Average cket size

investment: Varies $25,000- $1 million+

Current/pastexperiences with o-grid energy companies:


Allotrope Partners

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Anthos Asset Management

Contact person andemail: Lori Sco, Impact Invesng Consultant, [[email protected]]

Website:

Focus sector/s: renewable energy, health, educaon, agroforestry, sustainableland use, nancial inclusion.


N/A


Growth or later stage


Range of investment types; inially invesng into funds, limiteddirect investments

Average cket sizeinvestment: EUR 5 million

Current/past

experiences with o-grid energy companies:

Skopos is a new impact investment fund managed by Anthos

that launched in 2014. One of the rst commitments made inlate 2014 was to the responsAbility Energy Access Fund.

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Arc Finance

Contact person andemail: Yara Akkari [[email protected]]

Website:www.arcnance.org

Focus sector/s:The mission of Arc Finance is to promote and expand access to

nancing for energy, water and other basic needs to build theincome and assets of poor people around the world.


Note that we are a non-prot organizaon, and we receive fundingfrom USAID among other big donors, to promote renewable energyIn developing countries. We provide grants and technical assistanceto many companies around the world.

Business stage ofporolio companies: Big companies with interest in scaling up, introduce an energy

component to their porolio (example MFIs, or MTOs or banks)

Type of oered

investment: Technical assistance and grant

Average cket sizeinvestment: $100,000


We have several projects in dierent parts of the world – India,Hai, Uganda, among others.

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Armstrong Energy


Andrew Newman[[email protected]]

Website: www.armstrongenergy.co.uk

Focus sector/s: Investment rm that manages renewable energy assets for

investors and family oces, parcularly large scale solar.Assets undermanagement:

£150 million under management for investors100MWp of solar PV in the UK and India


Armstrong Energy Global is a new company to deliver solar andCHP investments in India, with rst solar farm connected.

Type of oeredinvestment: Equity and debt.

Average cket sizeinvestment: £1 – 10 million


Armstrong Energy Global Foundaon has been created by thefounders of Armstrong Energy to improve access to energy foro-grid communies in rural India. The rst two micro-gridprojects funded are under construcon in Karnataka.

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http://www.armstrongenergy.co.uk/http://www.armstrongenergy.co.uk/


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BIX Fund


Jeroen Blüm [[email protected]] and Claudia Doets[[email protected]]

Website: www.bixfund.com

Focus sector/s: Impact fund that invests in household appliances for the

World's least auent people.Assets undermanagement:

Ancipated AuM of 100m USD with rst close at 30m USD

Business stage ofporolio companies: Ready to be brought to scale

Type of oeredinvestment: Impact based pre-nance

Average cket sizeinvestment: 1m USD per deal, preferably mulple deals per investee


BIX Fund is built on a pilot porolio of 5m USD invested in pre-nancing cookstoves of Envirot throughout Africa and India.The pipeline of BIX Fund includes a variety of o-grid energycompanies.

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Blue Haven Iniave

Contact person andemail: Lauren Cochran [[email protected]]

Website: www.bluehaveniniave.com

Focus sector/s:Renewable Energy, Financial Inclusion, focus on Sub Saharan

Africa with opportunisc investments made in other regions.


N/A


Seed, Series A-C

Type of oeredinvestment: Equity, Debt

Average cket size

investment:$500,000 - $5 million


Signicant number of investments in porolio in the US, in theprocess of closing rst o-grid investment in Nairobi.

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mailto:[email protected]://www.bluehaveninitiative.com/http://www.bluehaveninitiative.com/mailto:[email protected]


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Consultave Group to Assist

the Poor

Contact person andemail: Camilo Tellez [[email protected]]

Website: www.cgap.org

Focus sector/s:PAYG Energy, Digital Finance, Water

Assets undermanagement: N/A



Grant

Average cket sizeinvestment: 50-100


Current projects with 3 PAYG energy start-ups in East Africa.

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CrossBoundary Energy

Contact person andemail: Ma Tilleard [[email protected]]

Website: www.crossboundaryenergy.com

Focus sector/s: Solar installaons that serve Commercial and Industrialcustomers in Africa through PPA or similar agreement

Assets undermanagement: Available upon request


CrossBoundary Energy provides developers with fullyintegrated nancial soluons for C&I projects in Africa


Integrated equity and debt to nance, own, and operate solarassets under PPAs and lease-to-own agreements with clients

Average cket sizeinvestment:

US$500,000 to US$10m (renewable energy installaons ofapproximately 250 kW to 5 MW)


Through our nancing plaorm, Solar4Africa CrossBoundaryEnergy has commenced operaon and is acvely nancingconstrucon of our rst projects in Kenya. We intend to expandto two further countries in the next 12 months.

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DEG Deutsche Invesons- und

Entwicklungsgesellscha mbH


Mr. Rolf Grunwald,[Rolf.Grunwald@deginvest]

Website: www.deginvest.de

Focus sector/s: Agribusiness, Financial Instuon and all industry sector

including energy companiesAssets undermanagement: Approximately, 6 billion EUR


Portolio companies are in all stages: development, construconand operaonal

Type of oeredinvestment: Equity, mezzanine loans and senior loans

Average cket sizeinvestment: Between EUR 10 mn to 30 mn, in special cases smaller


So far only concessional support like EUR 500.000 up-scaling

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Deutsche Bank Global Social Finance

Contact person andemail: Amy Wang [[email protected]]

Website: www.db.com/usa/content/en/1086.html

Focus sector/s: Deutsche Bank Global Social Finance manages a series of debtfunds focused on funding emerging market soluons within theaordable energy, healthcare and nancial services industries

Assets undermanagement: Approximately USD 228 million in commied capital

Business stage ofporolio companies: Seed, Growth, Mature

Type of oeredinvestment: Debt

Average cket sizeinvestment: USD 1 – 5 million


Current energy porolio consists of four companies with anaggregate commied capital of $6 million. Porolio includesthree small scale solar product companies and one cookstovescompany.

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DOB Equity

Contact person andemail: Toine Huijbers [[email protected]]

Website: www.dobequity.nl

Focus sector/s:Agribusiness and food, Natural resources, Retail & distribuon,

Waste, Mobile technology enabled services, Clean energy.


€ 15,000,000


Early Stage, Growth Stage

Type of oeredinvestment: Equity, Mezzanine Equity and debt

Average cket sizeinvestment: € 1,500,000


Barefoot Power, M-KOPA

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mailto:[email protected]://www.dobequity.nl/http://www.dobequity.nl/mailto:[email protected]


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DOEN Foundaon

Contact person andemail: Daphne Pit [[email protected]]

Website: www.doen.nl

Focus sector/s: DOEN Themes: Green & Inclusive Economy and Culture &Cohesion


Approx. EUR 100 mln in equity porolio


Early stage


Grants / Debt / Converble debt / Direct Equity / Fund in FundInvestments

Average cket sizeinvestment: EUR 50k – EUR 5 mln


Amongst others: Simpa Networks, Selco, Emergence Bio Energy,Devergy, FRES, Froner Markets, SunFunder.


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Elea Foundaon

Contact person andemail: Stefan Kappeler [[email protected]]

Website: www.elea-foundaon.org

Focus sector/s:elea Foundaon is a professional and acve philanthropicimpact investor that ghts absolute poverty withentrepreneurial means, capitalizing on the benets andopportunies of globalizaon and creang measureable, lasngimpact.


Undisclosed

Business stage ofporolio companies: Early and growth stage

Type of oered

investment:Equity and loans

Average cket sizeinvestment: USD 100k - USD 400k


Yes

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Global Partnerships


Peter Bladin [[email protected]]Daniel Stokley [[email protected]]

Website: www.globalpartnerships.org

Focus sector/s:Micronance, health, agriculture, green technology, educaon

Assets undermanagement: $56 million (as of 12/31/2014)

Business stage ofporolio companies: Growth stage

Type of oeredinvestment: Debt

Average cket sizeinvestment: $1 million ($250K - $3 million)


Partners in Lan America include MFIs, o-grid solardistributors, and PAYG models. Currently invested in globalmanufacturer Greenlight Planet, and building pipeline in EastAfrica

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Company Proles - Inestors

Invested Development

Contact person andemail: Alex Bashian [[email protected]]

Website: www.investeddevelopment.com

Focus sector/s: Early-stage nancing for tech companies in the renewable

energy, agriculture, and mobile/ICT sectors.



Seed - Series A

Type of oeredinvestment: Mainly equity

Average cket sizeinvestment: $350K


Equity investments in Solar Now (Uganda), Simpa Networks(India), EGG Energy (Tanzania), Promethean Power

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Company Proles - Inestors

LGT Venture Philanthropy

Contact person andemail: Naja Dolic [[email protected]]

Website: www.lgtvp.com

Focus sector/s: Agriculture & Forestry, Educaon, Health & Sanitaon, ICT,Renewable Energy

Assets undermanagement: USD 113.1m capital commied as of January 2015

Business stage ofporolio companies: Growth Stage

Type of oeredinvestment: Equity, Converble-debt, Debt, Grants

Average cket size

investment:USD 1.5m


We currently have 3 acve investments in o-grid energycompanies. Our rst investment in this sector was in 2009, andwe have 1 paralexit as of today

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Oikocredit

Contact person andemail: David ten Kroode

Website: www.oikocredit.coop

Focus sector/s:Micronance, Agriculture, Renewable Energy

Assets undermanagement: €831 million


Type of oeredinvestment: debt and equity

Average cket sizeinvestment: €5 million


equity investment in Barefoot Power

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Persistent Energy Capital

Contact person andemail: Dirk Muench [[email protected]]

Website: www.persistentnrg.com

Focus sector/s: Distributed energy in sub-Saharan Africa, energy access, o-grid energy services.

Assets undermanagement: $4m

Business stage ofporolio companies: Early stage

Type of oeredinvestment: Equity and debt

Average cket sizeinvestment: n/a


Invested in O.grid:electric, FENIX Internaonal, Devergy;incubated PEG Ghana; managed over 45 investments in the o-grid sector; published research on sector.

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http://www.persistentnrg.com/http://www.persistentnrg.com/


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PanAfrican Investment Co.

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Contact person andemail: Jon Saunders - [email protected]

Website: www.picinvest.com

Focus sector/s:

Renewable energy / agriculture / manufacturing / technology /educaon / healthcare

Assets undermanagement: $35mm

Business stage ofporolio companies: exible

Type of oered

investment:Equity / quasi equity

Average cket sizeinvestment: $1mm - $3mm



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Quadia SA

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Contact person andemail: Koss Tselenis [[email protected]]

Website: www.quadia.ch

Focus sector/s: All sectors, impact related, sustainability and social impactfootprint a necessity.

Quadia is a regulated investment manager specialized insocial and environmental nance. With more than CHF 70million invested in over 20 companies, Quadia is a leading andpioneering impact investor.


Not disclosed. Over CHF 70m in investments in the last 4 years.


Proof of concept / product / market

Type of oered

investment:

Equity, debt

Average cket sizeinvestment: Flexible


Yes.

mailto:[email protected]://www.quadia.ch/http://www.quadia.ch/mailto:[email protected]


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ResponsAbility Investments AG

Contact person andemail: Vivian Kotun [[email protected]]

Website: www.responsability.com

Focus sector/s:Finance, agriculture, energy, health and educaon

Assets undermanagement: USD 2.4 billion as of October 2014


Across several stages, from early growth stage to maturebusinesses

Type of oeredinvestment: Debt and equity

Average cket sizeinvestment: Typical range of $500,000 to $10 M, across sectors


In selected investments. Aim is to launch a debt fund targengenergy access companies in Q1 2015.

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Sovec Africa SME Fund

Contact person andemail: Paul van Aalst [[email protected]]

Website: www.sovec.nl

Focus sector/s: Clean energy, health, educaon, housing.


Business stage ofporolio companies: Growth capital for start-up and expansion.

Type of oeredinvestment: Debt and equity.

Average cket sizeinvestment: USD 500k – 1.5 million.


Solar PV, solar heang, small hydropower, biogas, biomass,cookstoves, LPG, windenergy.

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USAID: DiV


[email protected]

Website: www.usaid.gov/div

Focus sector/s:Open to all sectors, for example: energy, health, educaon,nancial inclusion, agriculture, democracy, water & sanitaon

Assets undermanagement: Disburse between $20M-$30M annually

Business stage ofporolio companies: Range from proof of concept through early growth stage


Grants

Average cket sizeinvestment: stage 1: $150K limit, stage 2: $1.5M limit, stage 3: $15M limit


Over 4 years have funded organizaons in the space at proofof concept and early growth phases, including O-Grid ElectricTanzania., Simpa Networks, Mera Gao Power, Gram Power,Azuri, Angaza, EGG energy, Buen Power Peru, etc.

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Zouk Capital LLP

Contact person andemail: John Higelin [ [email protected]]

Website: www.zouk.com

Focus sector/s:

Energy and resource eciency.

Assets undermanagement: €600m

Business stage ofporolio companies: Growth

Type of oeredinvestment: Preferred Equity

Average cket sizeinvestment: €10m - €30m


Invested in one of Africa’s leading o grid solar companies..

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mailto:[email protected]://www.zouk.com/http://www.zouk.com/mailto:[email protected]


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Contact:

Global O-Grid Lighng Associaon (GOGLA)

Nieuwekade 9

3511 RV Utrecht

The Netherlands

Email: [email protected]

Industry Members

Associate Members

GOGLA’s Membership Base

offgrid and investors company-profiles_updated (1)

Documents