CrossBoundary Energy Access
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    • Solar panels on PowerGen’s mini-grid at Dukugi, Niger State, Nigeria, financed by CrossBoundary Energy Access, March 2022. Credit: PowerGen
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CrossBoundary Energy Access Raises $25 Million from ARCH, Bank of America, and Microsoft Climate Innovation Fund to Finance Solar Powered Mini-Grids in Africa

CBEA’s blended finance approach creates a new model for funding rural electrification in Africa, bringing renewable electricity to one million people once the target $150 million is fully deployed

CrossBoundary Energy Access (CBEA) (www.CrossBoundary.com/Energy-Access) will deploy a total of $50 million in capital to its near-term pipeline of solar mini-grid portfolios.CBEA plans to deploy $150 million to bring clean energy to one million people in Africa. Supports the United Nations Sustainable Development Goal Number Seven (SDG7), Affordable and Clean Power…