SunFunder has launched the Fund to provide financing to companies operating along the solar off-grid and grid-deficit value chain. DFC/OPIC will play the role of anchor investor to the Fund. As a result of its lending operations, SunFunder estimates that the Fund will enable several million individuals to benefit from switching from kerosene to solar energy over the next five years, thereby enabling households and businesses in low-income communities to reduce their expenditures on energy while significantly
reducing CO2 emissions.
The project has been screened as a risk category C.
Project contacts not available at the time of disclosure.