Important Disclosure. For corporate sponsors and accredited investors. Not a public offer. Local restrictions may apply. Prepared September 2025.
Capital Raising for Renewable Projects
We arrange and advise on capital for utility-scale and distributed renewable projects across Africa, MENA and frontier markets. Solar PV, wind, hydro, battery storage and hybrid systems. We focus on bankability: PPA strength, permits, grid connection, FX risk, and realistic construction schedules. Our deliverable is a financed project or a fast stop with a fix list.
Who We Serve
IPP Developers
Utility-scale solar and wind with grid PPAs, wheeling or merchant sleeves. Nigeria, Kenya, South Africa, Ghana, Egypt, Morocco and beyond.
C&I and Mini-Grid Operators
Corporate PPAs and embedded generation. Anchor-load sites, industrial parks, telecoms and mines.
Public-Private Sponsors
Municipal or national programs requiring competitive tenders, local content and clear risk allocation.
Capital Stack We Arrange
Development Capital
Early funding for studies, permits and PPA negotiations. Milestone-based advances tied to de-risking gates.
Construction Debt
Senior loans and ECA-supported tranches for EPC and equipment. DSRA, contingency and tested drawdown mechanics.
Long-Term Project Finance
Non-recourse term debt sized on P90/P50 and DSCR. Tenors matched to PPA and useful life.
Mezzanine and Holdco Loans
Gap fillers at sponsor or project level. Cash sweep and convert options where suitable.
Equity and Co-Investment
Strategic and financial investors for majority or minority positions. Options for staged equity and earn-ins.
Blended Finance
DFI anchors with concessional layers, guarantees or first-loss to clear credit limits.
Risk Cover and Guarantees
Political risk insurance, partial risk guarantees, PRGs for payment risk and LC confirmation for offtaker exposure.
FX and Hedging
NDFs, cross-currency swaps and tariff indexation modeling to protect cash flows under devaluation stress.
Key Markets and Use Cases
IPP Financing in Nigeria and Ghana
Grid-tied solar and gas-hybrid, emphasis on payment security, escrow and step-in rights.
Kenya and Tanzania Wind and Solar
Resource-strong sites with wheeling or utility PPAs. Grid studies and curtailment modeling are central.
South Africa Utility Scale
Bid programs and private PPAs with large industrial anchors. BESS inclusion for peak coverage.
Morocco and Egypt Wind/Solar
Export and domestic demand drivers. Equipment financing and ECA participation common.
Mini-Grid and C&I Portfolios
Warehouse lines and securitization of PPAs. Standardized docs improve lender appetite.
Hydro and Hybrid Storage
Small hydro paired with BESS for grid support. Environmental and social permits drive the path.
Documentation and Bankability
Core Docs
PPA or offtake LOI, grid connection offer, land/title, ESIA, resource studies, EPC and O&M term sheets, permits calendar and insurance plan.
Controls
Security package, accounts structure, cash waterfall, covenant set, DSRA sizing, construction tests and performance LDs.
We align to lender checklists used by banks, funds and DFIs. Clean files move first.
Indicative Economics
| Layer | Ticket Size | Tenor | Typical Pricing | Notes |
|---|---|---|---|---|
| Senior Project Debt | USD 30M–300M | 10–18y | Benchmark + 3.0–5.5% | Based on PPA strength, DSCR, country risk and ECA/DFI mix |
| DFI/Concessional Tranche | USD 20M–150M | 12–20y | Below senior spread | Policy-driven terms, often with covenants on E&S |
| Mezzanine / Holdco | USD 5M–75M | 5–10y | Benchmark + 7.0–12.0% | Cash sweep, PIK options, intercreditor required |
| Equity | USD 15M–200M | NA | IRR 12–20%+ | Hurdle depends on market, technology and offtaker |
| Equipment/ECA | USD 10M–150M | 5–12y | ECA program linked | Currency and content rules apply |
Numbers vary by jurisdiction, technology, construction risk, grid risk, FX and sanctions profile. Bank and third-party fees are separate from our fees.
Execution Process
Typical timing 12–20 weeks to signed terms when files are ready. Complex permits and grid studies can extend this.
Why Sponsors Hire Us
Bankability First
PPA clauses, curtailment, take-or-pay, tariff indexation, termination compensation, and change-in-law are reviewed early.
Real Controls
We set accounts, hedges, insurance and performance tests that lenders accept and sponsors can manage.
Actionable Feedback
If the case does not clear credit, you get a fix list and data room structure for the next attempt.
Africa-Focused SEO Targets
We attract investor traffic searching for “IPP financing Nigeria”, “solar project finance Kenya”, “wind farm funding South Africa”, “mini-grid finance Africa”, “renewable energy investors Africa”.
Request Capital Raising Support for Your Renewable Project
Share your PPA, grid offer, permits and model. We will respond with scope, a checklist and a call slot.
Open Client IntakeFAQs
Do you fund directly?
No. We arrange and advise. Banks, funds, DFIs and ECAs provide capital. We manage structure and execution.
Minimum project size?
We target projects with total costs above USD 20M. We accept smaller portfolios if there is a clear path to scale.
Local currency or USD?
Either, depending on tariff and hedge capacity. We model FX exposure and offer hedge options with lenders.
Can you work with state utilities?
Yes, subject to payment security. We use PRGs, LC confirmation and escrow to protect cash flows.
Carbon revenue?
We assess eligibility for credits. We can structure offtake or prepayment against verified issuance to support capex.
Timeline to signing?
12–20 weeks if data is ready and permits are on track. Grid and land issues can extend the schedule.
Disclaimer. All facilities and mandates are subject to KYC and AML, underwriting, E&S review, collateral and documentation. We do not guarantee funding. Third-party costs and bank charges are separate from our fees.
