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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.
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Document type: Case study
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