SunFunder Inc. - Solar Energy Transformation Fund LLC (Subordinated) (DFC-SUNFUNDERINC)

Countries
  • Ghana
  • India
  • Kenya
  • Mozambique
  • Nigeria
  • Rwanda
  • Uganda
  • Zambia
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
Approved
Bank Risk Rating
C
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
Solar Energy Transformation Fund LLC
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 25.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ DFC website

Updated in EWS Aug 24, 2019

Disclosed by Bank Oct 1, 2018


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Project Description

According to the Agency's document, this project provides financing to the Solar Energy Transformation Fund in order to provide financing to companies operating along the solar off-grid value chain. 

Investment Description
  • US International Development Finance Corporation (DFC)
Private Actors