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Global O-Grid Lighng Associaon (GOGLA)
2
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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Company Proles - Industry
Barefoot Power
Legal status: Limited company
Contact person and email: Rick Hooper, CEO [[email protected]]
Website: www.barefootpower.com
Country of incorporaon: Australia
Business start date: 2005
Core business areas(including types ofproducts):
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
Geographic scope ofacvies:
East and West Africa, India, Lan America
Number of employees: 90
Esmated turnover:
☐ Below $1 million☐ $1 million - $5 million☒ $5 million - $15 million☐ Above $15 million
5
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Company Proles - Industry
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
Business start date: 2010
Core business areas(including types ofproducts):
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.
Geographic scope ofacvies:
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:
☐ Below $1 million☒ $1 million - $5 million☐ $5 million - $15 million☐ Above $15 million
6
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Company Proles - Industry
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
Core business areas(including types ofproducts):
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
Number of employees: 6
Esmated turnover:
☐ Below $1 million☐ $1 million - $5 million☒ $5 million - $15 million☐ Above $15 million
7
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Company Proles - Industry
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
Core business areas(including types ofproducts):
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
Geographic scope ofacvies:
East Africa
Number of employees: 10
Esmated turnover:
☒ Below $1 million☐ $1 million - $5 million☐ $5 million - $15 million☐ Above $15 million
8
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Company Proles - Industry
Fenix Internaonal
Legal status: Incorporated
Contact person and email: Mike Lin [[email protected]]
Website: Fenixintl.com
Country of incorporaon: USA, Uganda, Kenya, Tanzania
Business start date: 2009
Core business areas(including types ofproducts):
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.
Geographic scope ofacvies:
East Africa
Number of employees: ~80
Esmated turnover:
☐ Below $1 million☐ $1 million - $5 million☒ $5 million - $15 million☐ Above $15 million
9
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Company Proles - Industry
Nadji.Bi
Legal status: Limited Company
Contact person and email: Julien Potron [[email protected]]
Website: www.nadjibi.com
Country of incorporaon: Senegal
Business start date: 2011
Core business areas(including types ofproducts):
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.
Geographic scope ofacvies:
We have companies in Burkina Faso, Cameroon, Senegaland France. We are selling mainly in French speaking
countries and in Ghana and Nigeria.
Number of employees: 35
Esmated turnover:
☒ Below $1 million☐ $1 million - $5 million☐ $5 million - $15 million☐ Above $15 million
10
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Company Proles - Industry
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
Business start date: 2010
Core business areas(including types ofproducts):
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.
Geographic scope ofacvies:
Global, with emphasis on Africa, Southeast Asia and LanAmerica.
Number of employees: 15+
Esmated turnover:
☐ Below $1 million☒ $1 million - $5 million☐ $5 million - $15 million☐ Above $15 million
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Company Proles - Industry
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
Business start date: 2012
Core business areas(including types ofproducts):
Pay per use solar power systems.
Geographic scope ofacvies:
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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Company Proles - Industry
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
Core business areas(including types ofproducts):
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.
Geographic scope ofacvies:
Africa, SE Asia, Oceania, Lan America
Number of employees: 20
Esmated turnover:
☐ Below $1 million☒ $1 million - $5 million☐ $5 million - $15 million☐ Above $15 million
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Company Proles - Industry
One Degree Solar
Legal status: Corporaon
Contact person and email: Gaurav Manchanda [[email protected]]
Website: www.onedegreesolar.com
Country of incorporaon: USA
Business start date: 2012
Core business areas(including types ofproducts):
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
Number of employees: 6
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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Company Proles - Industry
OSRAM
Legal status: Publicly listed company
Contact person and email: Chrisna Schmöe [[email protected]]
Website: www.osram.com/ogrid
Country of incorporaon: Germany
Business start date: 1906
Core business areas(including types ofproducts):
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.
Geographic scope ofacvies:
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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Company Proles - Industry
Product Health
Legal status: Limited company registered in the UK
Contact person and email:Tamara Giltso, VP Business Development
Website: www.producthealth.com
Country of incorporaon: UK
Business start date: July 2013 (although R&D since 2012)
Core business areas(including types ofproducts):
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.
Geographic scope ofacvies:
global but currently monitoring units in East and West Africa withcustomers distribung there.
Number of employees: 8 fullme, 2 part me.
Esmated turnover:
☒ Below $1 million☐ $1 million - $5 million☐ $5 million - $15 million☐ Above $15 million
16
http://www.producthealth.com/http://www.producthealth.com/
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Company Proles - Industry
Philips
Legal status: Publicly listed company
Contact person and email: Harry Verhaar [[email protected]]
Website: www.philips.com
Country of incorporaon: Netherlands
Business start date: 1891
Core business areas(including types ofproducts):
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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Company Proles - Industry
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
Business start date: 2012
Core business areas(including types ofproducts):
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.).
Geographic scope ofacvies:
Worldwide; Specialized: Sub-Saharan Africa, Asia
Number of employees: Approx. 60
Esmated turnover:
☐ Below $1 million☐ $1 million - $5 million☒ $5 million - $15 million☐ Above $15 million
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Company Proles - Industry
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
Core business areas(including types ofproducts):
Solar Powered Lights and Phone Charging Products fordomesc and personal usage.
Geographic scope ofacvies:
Africa and Middle East
Number of employees: 30
Esmated turnover:
☐ Below $1 million☐ $1 million - $5 million☒ $5 million - $15 million☐ Above $15 million
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Company Proles - Industry
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
Business start date: 2008
Core business areas(including types ofproducts):
Africa, Middle east, Asia, (products: Solar lamp, solarlantern, solar lighng system)
Geographic scope ofacvies:
Africa, Indonesia, Middle East, India
Number of employees: 100
Esmated turnover:
☐ Below $1 million☐ $1 million - $5 million☒ $5 million - $15 million☐ Above $15 million
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Company Proles - Industry
Solar Works!
Legal status: Limited Company
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
Core business areas(including types ofproducts):
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
Geographic scope ofacvies:
- Product development in Del, The Netherlands
- Markeng and sales in Southern Africa (about 10
countries)
Number of employees: 8
Esmated turnover:
☒ Below $1 million☐ $1 million - $5 million☐ $5 million - $15 million☐ Above $15 million
21
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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Company Proles - Industry
SunnyMoney
Legal status: SunnyMoney Global Ltd No. 07788918.
Contact person and email:Ruth Dobson, Chief Financial Ocer
Website: www.sunnymoney.org
Country of incorporaon: UK
Business start date:SunnyMoney was formed in 2008 and is wholly owned bythe UK charity SolarAid
Core business areas(including types ofproducts):
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.
Geographic scope ofacvies:
SunnyMoney operates in Kenya, Tanzania, Zambia, Malawiand Uganda. It will start trading in Rwanda in 2015
Number of employees: 86
Esmated turnover:
☐ Below $1 million☒ $1 million - $5 million☐ $5 million - $15 million☐ Above $15 million
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Company Proles - Industry
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
Core business areas(including types ofproducts):
Solar Soluons for Rural Electricaon(Solar powered Lanterns, Solar Home Systems, O-GridPackages, Mini-Grids, Solar Street & Security Lights, Solarpowered Water Pumps).
Geographic scope ofacvies:
Sub-Saharan Africa (Currently Uganda, Zambia, Mozambique, Tanzania
Number of employees: 20
Esmated turnover:
☐ Below $1 million☒ $1 million - $5 million☐ $5 million - $15 million☐ Above $15 million
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mailto:[email protected]://www.village-power.ch/http://www.village-power.ch/mailto:[email protected]
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Company Proles - Industry
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
Business start date: 2011
Core business areas(including types ofproducts):
Developing, manufacturing, and distribung solar devicesfor o-grid areas, light and chargers.
Geographic scope ofacvies:
Europe, USA, Hai, Liberia, Sierra Leone, the Gambia,Rwanda, Kenya, Mali, South Africa, Uganda, Syria, Iraq,Indonesia, the Philippines, and many other countries.
Number of employees: 18
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
26
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
Assets undermanagement:
Business stage ofporolio companies:
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:
Company Proles - Investors
Allotrope Partners
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Company Proles - Investors
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.
Assets undermanagement:
N/A
Business stage ofporolio companies:
Growth or later stage
Type of oeredinvestment:
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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Company Proles - Investors
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.
Assets undermanagement:
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
Current/pastexperiences with o-grid energy companies:
We have several projects in dierent parts of the world – India,Hai, Uganda, among others.
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Company Proles - Investors
Armstrong Energy
Contact person andemail:
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
Business stage ofporolio companies:
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
Current/pastexperiences with o-grid energy companies:
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.
30
http://www.armstrongenergy.co.uk/http://www.armstrongenergy.co.uk/
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Company Proles - Investors
BIX Fund
Contact person andemail:
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
Current/pastexperiences with o-grid energy companies:
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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Company Proles - Investors
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.
Assets undermanagement:
N/A
Business stage ofporolio companies:
Seed, Series A-C
Type of oeredinvestment: Equity, Debt
Average cket size
investment:$500,000 - $5 million
Current/pastexperiences with o-grid energy companies:
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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Company Proles - Investors
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
Business stage ofporolio companies:
Type of oeredinvestment:
Grant
Average cket sizeinvestment: 50-100
Current/pastexperiences with o-grid energy companies:
Current projects with 3 PAYG energy start-ups in East Africa.
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Company Proles - Investors
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
Business stage ofporolio companies:
CrossBoundary Energy provides developers with fullyintegrated nancial soluons for C&I projects in Africa
Type of oeredinvestment:
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)
Current/pastexperiences with o-grid energy companies:
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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Company Proles - Investors
DEG Deutsche Invesons- und
Entwicklungsgesellscha mbH
Contact person andemail:
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
Business stage ofporolio companies:
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
Current/pastexperiences with o-grid energy companies:
So far only concessional support like EUR 500.000 up-scaling
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Company Proles - Investors
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/pastexperiences with o-grid energy companies:
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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Company Proles - Investors
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.
Assets undermanagement:
€ 15,000,000
Business stage ofporolio companies:
Early Stage, Growth Stage
Type of oeredinvestment: Equity, Mezzanine Equity and debt
Average cket sizeinvestment: € 1,500,000
Current/pastexperiences with o-grid energy companies:
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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Company Proles - Investors
DOEN Foundaon
Contact person andemail: Daphne Pit [[email protected]]
Website: www.doen.nl
Focus sector/s: DOEN Themes: Green & Inclusive Economy and Culture &Cohesion
Assets undermanagement:
Approx. EUR 100 mln in equity porolio
Business stage ofporolio companies:
Early stage
Type of oeredinvestment:
Grants / Debt / Converble debt / Direct Equity / Fund in FundInvestments
Average cket sizeinvestment: EUR 50k – EUR 5 mln
Current/pastexperiences with o-grid energy companies:
Amongst others: Simpa Networks, Selco, Emergence Bio Energy,Devergy, FRES, Froner Markets, SunFunder.
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Company Proles - Investors
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.
Assets undermanagement:
Undisclosed
Business stage ofporolio companies: Early and growth stage
Type of oered
investment:Equity and loans
Average cket sizeinvestment: USD 100k - USD 400k
Current/pastexperiences with o-grid energy companies:
Yes
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Company Proles - Investors
Global Partnerships
Contact person andemail:
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)
Current/pastexperiences with o-grid energy companies:
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.
Assets undermanagement:
Business stage ofporolio companies:
Seed - Series A
Type of oeredinvestment: Mainly equity
Average cket sizeinvestment: $350K
Current/pastexperiences with o-grid energy companies:
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
Current/pastexperiences with o-grid energy companies:
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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Company Proles - Investors
Oikocredit
Contact person andemail: David ten Kroode
Website: www.oikocredit.coop
Focus sector/s:Micronance, Agriculture, Renewable Energy
Assets undermanagement: €831 million
Business stage ofporolio companies:
Type of oeredinvestment: debt and equity
Average cket sizeinvestment: €5 million
Current/pastexperiences with o-grid energy companies:
equity investment in Barefoot Power
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Company Proles - Investors
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
Current/pastexperiences with o-grid energy companies:
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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Company Proles - Investors
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
Current/pastexperiences with o-grid energy companies:
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Company Proles - Investors
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.
Assets undermanagement:
Not disclosed. Over CHF 70m in investments in the last 4 years.
Business stage ofporolio companies:
Proof of concept / product / market
Type of oered
investment:
Equity, debt
Average cket sizeinvestment: Flexible
Current/pastexperiences with o-grid energy companies:
Yes.
mailto:[email protected]://www.quadia.ch/http://www.quadia.ch/mailto:[email protected]
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Company Proles - Investors
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
Business stage ofporolio companies:
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
Current/pastexperiences with o-grid energy companies:
In selected investments. Aim is to launch a debt fund targengenergy access companies in Q1 2015.
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Company Proles - Investors
Sovec Africa SME Fund
Contact person andemail: Paul van Aalst [[email protected]]
Website: www.sovec.nl
Focus sector/s: Clean energy, health, educaon, housing.
Assets undermanagement:
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.
Current/pastexperiences with o-grid energy companies:
Solar PV, solar heang, small hydropower, biogas, biomass,cookstoves, LPG, windenergy.
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Company Proles - Investors
USAID: DiV
Contact person andemail:
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
Type of oeredinvestment:
Grants
Average cket sizeinvestment: stage 1: $150K limit, stage 2: $1.5M limit, stage 3: $15M limit
Current/pastexperiences with o-grid energy companies:
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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Company Proles - Investors
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
Current/pastexperiences with o-grid energy companies:
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