Source: CrossBoundary Access | Oct 31, 2023

CrossBoundary Access open sources project financing tools used to finance over $80m of mini grids in Africa

CrossBoundary Access, in partnership with Shell Foundation, the UK-registered charity, is open sourcing the project financing tools they have used to structure and finance over $80m of mini-grid projects

Mini grids are the least cost method to provide electricity to 260 million people in Africa and have a critical role in achieving universal energy access on the continent; However, mini grids are complex infrastructure assets. It typically takes 12-24 months to structure and finance a mini grid project; CrossBoundary Access…