Original disclosure @ IFC website
Updated in EWS Aug 24, 2021
Disclosed by Bank May 11, 2021
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According to the bank's website, InfraVentures and Scatec ASA has a joint platform for the development of re-deployable solar PV projects. The new joint platform will start with a pilot project with additional follow-on projects initially across countries in Sub-Saharan Africa. The project will contribute to addressing the energy gap, a major impediment to Africa’s development: today, 650 million Africans do not have access to electricity and increased investment is needed to meet the continent’s fast-growing energy demand. Renewable energy offers an opportunity to accelerate access to clean, affordable electricity and to attract private investment that will create jobs
Project contacts are not available at the time of disclosure.
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