Raising Investment Capital for Greenfield Infrastructure Projects with InfraCredit

A collaboration between FSD Africa and InfraCredit provided 1.6 billion Naira in local funding to DarwayCoast for solar mini-grid projects in Southern Nigeria. The initiative aims to provide clean energy to nearly 8,000 rural households across six sites in Abia and Rivers States, with 541.76 kW of solar energy expected by September 2023. FSD Africa provides technical support to help greenfield projects meet due diligence criteria, while InfraCredit uses a credit guarantee model to enable high-impact investments in the energy transition.

• The partnership between FSD Africa and InfraCredit has facilitated 1.6 billion Naira in local funding for DarwayCoast, enabling the company to scale solar power projects via mini-grids to support climate change mitigation.
• By September 2023, DarwayCoast is expected to have established six mini-grid projects across two sites in Abia State and four in Rivers State, producing 541.76 kW of solar energy and connecting 7,711 households.
• The project has created employment for 227 people, consisting of 31 females and 196 males.

APA

FSD Africa (2025). Raising Investment Capital for Greenfield Infrastructure Projects with InfraCredit. https://fsdafrica.org/impact-stories/raising-investment-capital-for-greenfield-infrastructure-projects-with-infracredit/

Chicago

FSD Africa. Raising Investment Capital for Greenfield Infrastructure Projects with InfraCredit. 2025. https://fsdafrica.org/impact-stories/raising-investment-capital-for-greenfield-infrastructure-projects-with-infracredit/.

Wikipedia

{{cite report |author=FSD Africa |title=Raising Investment Capital for Greenfield Infrastructure Projects with InfraCredit |date=28 May 2025 |url=https://fsdafrica.org/impact-stories/raising-investment-capital-for-greenfield-infrastructure-projects-with-infracredit/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{fsdafrica2025raising, author = {{FSD Africa}}, title = {{Raising Investment Capital for Greenfield Infrastructure Projects with InfraCredit}}, institution = {FSD Africa}, year = {2025}, month = may, url = {https://fsdafrica.org/impact-stories/raising-investment-capital-for-greenfield-infrastructure-projects-with-infracredit/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }