Renewvia Energy receives USD1m commitment from Sima Fund to electrify communities in rural Kenya

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Social Investment Managers and Advisors LLC (SIMA), a new generation of impact investment manager, and Renewvia Energy Corporation, a global solar developer, has announced a partnership to electrify rural communities in Kenya underserved by conventional utilities. 

The agreement includes a commitment of USD1 million from the SIMA Off Grid Solar and Financial Access Senior Debt Fund I, BV to enable Renewvia to expand energy access on the islands of Ringiti and Ndeda, where it currently owns and operates two solar mini-grids, and to contribute to the development of new solar minigrids in five communities in Turkana County, Kenya.  

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Read 621 times Last modified on Friday, 04 June 2021 12:10

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