Straight-forward and solution-oriented
We became a beneficiary under the Seed Capital Assistance Facility in late 2011, after our first renewable energy fund was raised. Martin and his team helped us get started when we set up operations in Nairobi. With the support of the facility we were able to hire our first local project director in Kenya.
Moreover, we received essential support during the early stage development phases for several geothermal, wind and hydropower projects in East Africa. Particularly the development grants received for our 5.4MW Lubilia run-of-river hydropower project in Western Uganda to perform early stage environmental assessments and feasibility studies were paramount in getting the project across the finish line. The straight-forward and solution-oriented approach of the FS Impact Finance team makes this one of the rare public-private financing mechanisms that actually works for us.