CrossBoundary Energy Holdings (DFC-2018-CROSSBOUNDARYE)

Countries
  • Ghana
  • Kenya
  • Rwanda
Where the impacts of the investment may be experienced.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Cross Boundary Energy Holdings
The holder of the loan, grant, or other investment.
Sectors
  • Hydropower
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 6.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 6.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 9.25 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ DFC website

Updated in EWS Jun 27, 2020


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

The Project is expected to have a positive developmental impact in Africa through the installation of off-grid, solar power generating assets for commercial and industrial businesses. Economic growth in the region is constrained by inadequate power infrastructure, resulting in load shedding, blackouts, and a reliance on fossil-fueled, private generators.

Investment Description
  • US International Development Finance Corporation (DFC)
Contact Information

No contact information provided at the time of disclosure