OffGrid and Investors Company-Profiles - Updated

Company Profiles
Global Off-Grid Lighting Association (GOGLA)
The Global Off-Grid Lighting Association (GOGLA) is a neutral, independent, not-for-profit

association created to promote lighting solutions that benefit society and businesses in developing
and emerging markets. GOGLA acts as the industry advocate and supports the industry in growing
and strengthening the market for clean, quality off-grid lighting and electrical systems. Its main
objective is to support industry in scaling the sector based on principles of the triple bottom
line, thus contributing to the objectives of Sustainable Energy for All (SE4All) and the Millennium
Development Goals (MDGs).
Formed in 2012 as public-private initiative, GOGLA was conceived out of a joint World Bank/IFC
Lighting Africa and private sector effort to accelerate market development for energy access.
GOGLAs unique position as an advocate for off-grid lighting outside the philanthropic area
enables it to complement the work of partners and to continue where the World Bank / IFC
Lighting Global program stops.
The association welcomes the participation of all stakeholders within the off-grid lighting sector.
Industry Profiles
Company Profiles - Industry
Azuri Technologies
Legal status:
Limited company
Contact person and email:
Emily Ord [emily.ord@azuri-technologies.com]
Website:
Country of incorporation:
Business start date:
www.azuri-technologies.com
Core business areas

(including types of
products):
Azuri Technologies Ltd. is a commercial provider of PayGo

solar home systems to rural off-grid communities across
sub Saharan Africa.
Geographic scope of
activities:
enya, Uganda, Ethiopia, South Sudan, Malawi, South Africa,

Zimbabwe, Togo, Ghana, Tanzania, Rwanda and Sierra
Leone
Number of employees:
Estimated turnover:
England
2012
25
Below $1 million
$1 million - $5 million
Above $15 million
Barefoot Power
Legal status:
Limited company
Rick Hooper, CEO [rickh@barefootpower.com]
Website:
www.barefootpower.com
Australia
2005
Core business areas

(including types of
products):
Off-grid energy company, leading in solar home system and

accessory design & distribution.
Specialized in large scale electrification projects based on
pico PV, providing end-to-end solutions including financing,
installation, maintenance and lifecycle management
Geographic scope of
activities:
East and West Africa, India, Latin America
Estimated turnover:
90
Below $1 million
Above $15 million
BBOXX
Legal status:
Limited company of England and Wales
Mansoor Hamayun [m.hamayun@bboxx.co.uk]

Assistant: Natasha Cooper [n.cooper@bboxx.co.uk].
Website:
www.bboxx.co.uk
England
2010
Core business areas

(including types of
products):
BBOXX is leading The Solar Revolution by offering an ongrid experience in an off-grid world powered through a
unique financing model to sell solar home systems to the
mass market on a monthly payment plan. BBOXX leads and
manages all aspects of its business operations engineered
in London, manufactured in its factory in China, followed by
distribution to partners in 35 countries and 30 local shops
in Kenya, Rwanda and Uganda.
Geographic scope of
activities:
Kenya, Rwanda and Uganda, with partners working in Sierra

Leone, DRC, Tanzania, Pakistan, South Sudan, Malawi,
Senegal, Burkina Faso and Ivory Coast.
Estimated turnover:
130
Below $1 million
Above $15 million
6
BRIGHT Products
Legal status:
Limited Company
Ingun Berget, CEO [ingun@bright-products.com]
Website:
www.bright-products.com
Norway
November 11. 2011 - Commercial launch May 2014

Product development and sale of multi-functional solar
Core business areas

(including types of
products):
lamps, phone chargers and solar powered accessories.

Primary market - Off Grid consumers/users through
commercial distributors and UN/Aid & Relief organizations
Secondary market: Consumer market in Scandinavia, EU
and US/CA through outdoor/camping/boating retailers
Geographic scope of
activities:
Global. Currently sold in East Africa, Angola, EU and US.

Long term agreement with the UN. 210.000 units sold
6
Below $1 million
Above $15 million
Estimated turnover:
Centre for Research in Energy and Energy

Conservation
Legal status:
Company Limited by Guarantee without share capital
Moses Kakooza [mkakooza@creec.or.ug]
Website:
www.creec.or.ug
Uganda
December 3, 2010 = registration, but operating since 2001
Core business areas

(including types of
products):
Applied research, training and consultancy in rural

electrification, energy for productive use, household
energy, energy entrepreneurship and energy efficiency.
In addition CREEC operates two testing labs: one for cook
stoves and one for solar PV equipment and system
Geographic scope of
activities:
East Africa
Estimated turnover:
10
Below $1 million
Above $15 million
8
Fenix International
Legal status:
Incorporated
Mike Lin [mlin@fenixintl.com]
Website:
Fenixintl.com
USA, Uganda, Kenya, Tanzania
2009
Core business areas

(including types of
products):
Fenix designs, manufactures, and distributes mobile

payment enabled lease-to-own solar solutions for off-grid
households and businesses. Fenix ReadyPay Solar kits vary
in size and are uniquely upgradable to add solar panels,
phone chargers, LED lighting, radios and LCD TVs.
Geographic scope of
activities:
East Africa
Estimated turnover:
~80
Below $1 million
Above $15 million
9
Nadji.Bi
Legal status:
Limited Company
Julien Potron [julien.potron@nadjibi.com]
Website:
www.nadjibi.com
Senegal
2011
Core business areas

(including types of
products):
We are designing, manufacturing and selling solar devices

in West Africa (Senegal). We have 3 type of products: Solar
Lamps, Solar Home System (6W) and Solar Streetlights.
Geographic scope of
activities:
We have companies in Burkina Faso, Cameroon, Senegal

and France. We are selling mainly in French speaking
countries and in Ghana and Nigeria.
Estimated turnover:
35
Below $1 million
Above $15 million
10
Nokero
Legal status:
Private sector. Limited Company
Matt Clark, General Manager [mclark@Nokero.com]
Website:
www.nokero.com
Hong Kong
2010
Core business areas

(including types of
products):
Nokero Solar is a for-profit company with a mission to

provide affordable solar technology solutions for poor, offgrid communities around the world. Since 2010, we have
sold over 1,000,000 solar lightbulbs in over 120 countries
worldwide.
Geographic scope of
activities:
Global, with emphasis on Africa, Southeast Asia and Latin

America.
15+
Estimated turnover:
Below $1 million
Above $15 million
11
Nova Lumos
Legal status:
Limited liability company
Daniel Ben Yehuda [daniel.b@nova-lumos.com]
Website:
www.nova-lumos.com
Netherlands
2012
Core business areas

(including types of
products):
Pay per use solar power systems.
Geographic scope of
activities:
West Africa
50-100
Estimated turnover:
Below $1 million
Above $15 million
12
Omnivoltaic
Legal status:
Incorporated in Hong Kong SAR
Xiaojun Kang [xjkang@omnivoltaic.com]
Website:
www.omnivoltaic.com
Hong Kong SAR
May, 2013
Core business areas

(including types of
products):
Development and marketing of solar powered off-grid

products and solutions, with a focus on product innovation
and quality. Currently selling off grid lighting, home
systems, and independent hybrid power stations.
Geographic scope of
activities:
Africa, SE Asia, Oceania, Latin America
Estimated turnover:
20
Below $1 million
Above $15 million
13
One Degree Solar
Legal status:
Corporation
Gaurav Manchanda [gaurav@onedegreesolar.com]
Website:
www.onedegreesolar.com
USA
2012
Core business areas

(including types of
products):
1) Design and manufacture variety of solar products (micro-SHS,

portable lamps, and accessories)
2) Develop & provide distributors access to software tools for
management of customers, inventory & financials (ERP/CRM,
SMS service platform, PAYG)
3) Provide advisory services to national distributors
Geographic scope of
activities:
East Africa, Pacific Islands
Estimated turnover:
Below $1 million
Above $15 million
14
OSRAM
Legal status:
Publicly listed company
Christina Schme [c.schmoee@osram.com]
Website:
www.osram.com/offgrid
Germany
1906
Core business areas

(including types of
products):
OSRAM is one of the two leading light manufacturers

in the world. The company's portfolio covers the entire
value chain from components including lamps,
electronic control gear and opto semiconductors such as
light-emitting diodes (LED) as well as luminaires, light
management systems and lighting solutions.
Geographic scope of
activities:
Global
Estimated turnover:
> 34,000
Below $1 million
Above $15 million
15
Product Health
Legal status:
Limited company registered in the UK
Tamara Giltsoff, VP Business Development

[Tamara.Giltsoff@ProductHealth.com]
Website:
www.producthealth.com
UK
July 2013 (although R&D since 2012)

Remote monitoring and data analytics on Solar Home Systems and
batteries.
Core business areas

(including types of
products):
Product Health sells intelligence on products as a software service to

manufacturers and distributors of those products, such as Solar Home
Systems and batteries. Product Health Service connects remotely
to a product, analyses data from it and then triggers status alerts.
Customers can know how the product is being used, if the product is
healthy or if it is getting into trouble. They can act on this intelligence
and control the product remotely.
Geographic scope of
activities:
global but currently monitoring units in East and West Africa with
customers distributing there.
8 fulltime, 2 part time.
Estimated turnover:
Below $1 million
Above $15 million
16
Philips
Legal status:
Publicly listed company
Harry Verhaar [harry.verhaar@philips.com]
Website:
www.philips.com
Netherlands
1891
Core business areas

(including types of
products):
Royal Philips (NYSE: PHG, AEX: PHIA) is a diversified

health and well-being company, focused on improving
peoples lives through meaningful innovation in the
areas of Healthcare, Consumer Lifestyle and Lighting.
Headquartered in the Netherlands, Philips posted 2013
sales of EUR 23.3 billion and employs approximately
112,000 employees with sales and services in more than
100 countries. The company is a leader in cardiac care,
acute care and home healthcare, energy efficient lighting
solutions and new lighting applications, as well as male
shaving and grooming and oral healthcare.
Geographic scope:
Global
> 34,000
Below $1 million
Above $15 million
Estimated turnover:
17
Solarkiosk
Legal status:
German Holding Company, Corporation
Andreas Spiess, CEO [spiess@solarkiosk.eu]
Website:
www.solarkiosk.eu
Germany, Ethiopia, Kenya, Rwanda, Tanzania, Ghana

2012
Core business areas

(including types of
products):
SOLARKIOSK technology design, the E-HUBB, is an

energy service provider, a community distribution hub,
and becomes the market center of a BoP community.
SOLARKIOSKs profit centers are based on three revenue
streams: products (solar, FMCGs), services (charging,
cooling, etc.), and productive use (salon, cyber caf, etc.).
Geographic scope of
activities:
Worldwide; Specialized: Sub-Saharan Africa, Asia
Estimated turnover:
Approx. 60
Below $1 million
Above $15 million
18
Solarway
Legal status:
Private Limited Company
Shantanu Dutta, Marketing Manager

[shantanu@solarway.com]
Website:
www.solarway.com
United Arab Emirates
Nov 2012
Core business areas

(including types of
products):
Solar Powered Lights and Phone Charging Products for

domestic and personal usage.
Geographic scope of
activities:
Africa and Middle East
Estimated turnover:
30
Below $1 million
Above $15 million
19
Sinoware
Legal status:
Private Limited Company
Tommy Huang [tommyhuang@sinoware.com.cn]
Website:
www.sinoware.com.cn
China
2008
Core business areas

(including types of
products):
Africa, Middle east, Asia, (products: Solar lamp, solar

lantern, solar lighting system)
Geographic scope of
activities:
Africa, Indonesia, Middle East, India
100
Estimated turnover:
Below $1 million
Above $15 million
20
Solar Works!
Legal status:
Limited Company
Arnoud de Vroomen [a.devroomen@solar-works.nl]
Website:
www.solar-works.nl / www.solar-works.co.za
The Netherlands
December 2008
Core business areas

(including types of
products):
Geographic scope of
activities:
Estimated turnover:
Solar Lighting, charging and Direct Current power provision

for areas where there is no or limited access to electricity.
We stand out in:
- Making sure products dont work only on solar
- Products for slum environments
- Low cost housing
- Product development in Delft, The Netherlands
- Marketing and sales in Southern Africa (about 10
countries)
8
Below $1 million
Above $15 million
21
SunnyMoney
Legal status:
Website:
SunnyMoney Global Ltd No. 07788918.

Ruth Dobson, Chief Financial Officer
[ruth.dobson@solar-aid.org]
www.sunnymoney.org
UK
SunnyMoney was formed in 2008 and is wholly owned by
the UK charity SolarAid
Core business areas

(including types of
products):
SunnyMoney specialises in entry level and multi-function

(including phone charging) pico-solar light distribution and
sales. SunnyMoney is product neutral and all lights are
Lighting Africa approved. Manufacturers include d.light,
GreenLight Planet, Marathoner and Barefoot Power.
Geographic scope of
activities:
SunnyMoney operates in Kenya, Tanzania, Zambia, Malawi

and Uganda. It will start trading in Rwanda in 2015
86
Estimated turnover:
Below $1 million
Above $15 million
22
Village Power
Legal status:
AG (Ltd)
Thomas Huth
[thomas@village-power.ch]
Website:
www.village-power.ch
Switzerland
End of 2013
Core business areas

(including types of
products):
Solar Solutions for Rural Electrification

(Solar powered Lanterns, Solar Home Systems, Off-Grid
Packages, Mini-Grids, Solar Street & Security Lights, Solar
powered Water Pumps).
Geographic scope of
activities:
Sub-Saharan Africa
(Currently Uganda, Zambia, Mozambique, Tanzania
20
Below $1 million
Above $15 million
Estimated turnover:
23
WakaWaka
Legal status:
B.V. (Limited Company)
Maurits Groen [maurits@waka-waka.com]
Website:
www.waka-waka.com
the Netherlands
2011
Core business areas

(including types of
products):
Developing, manufacturing, and distributing solar devices

for off-grid areas, light and chargers.
Geographic scope of
activities:
Europe, USA, Haiti, Liberia, Sierra Leone, the Gambia,

Rwanda, Kenya, Mali, South Africa, Uganda, Syria, Iraq,
Indonesia, the Philippines, and many other countries.
Estimated turnover:
18
Below $1 million
Above $15 million
24
Investor Profiles
Company Profiles - Investors
Acumen
Contact person and
email:
Website:
Sean Moore, [smoore@acumen.org]

www.acumen.org
Focus sector/s:
Agriculture, Education, Energy, Healthcare, Housing, Water &

Sanitation..
Assets under
management:
Business stage of
portfolio companies:
~$60 million
Venture and early growth
Type of offered
investment:
Equity, convertible debt, debt
Average ticket size

investment:
$250k - $750k for venture stage; $750k - $3.0M for early

growth stage
Current/past
experiences with offgrid energy companies:
Current energy portfolio consists of 10 companies with an

aggregate IUM of ~$10 million. Portfolio contains 5 solar
energy product companies (lanterns, home systems, water
heaters) and 5 mini-grid companies (biomass and hydro).
26
Allotrope Partners
Contact person and
email:
Website:
Focus sector/s:
Assets under
management:
Business stage of
Type of offered
investment:
Average ticket size
investment:
Alexia C. Kelly [ack@allotropevc.com]

www.allotropepartners.com
Solar, Wind, Biomass, Oil and Gas, Hydropower, Sustainable
agriculture, Energy efficiency software
Allotrope Solar: Start-Up; Blue Lake Round Stock: Start-Up;

Big Sky Wind Energy: Start-Up; VFlare/VFuels: Start-Up; Natel
Energy: Start Up.
Merchant banking company: provides advisory and capital to
early stage companies and develops and operates low carbon
assets
Varies $25,000- $1 million+
Current/past
27
Anthos Asset Management

Contact person and
email:
Lori Scott, Impact Investing Consultant, [L.scott@anthos.nl]
Website:
Focus sector/s:
renewable energy, health, education, agroforestry, sustainable

land use, financial inclusion.
Assets under
management:
Business stage of
N/A
Type of offered
investment:
Growth or later stage

Range of investment types; initially investing into funds, limited
direct investments
Average ticket size

investment:
EUR 5 million
Current/past
Skopos is a new impact investment fund managed by Anthos

that launched in 2014. One of the first commitments made in
late 2014 was to the responsAbility Energy Access Fund.
28
Arc Finance
Contact person and
email:
Yara Akkari [yara@arcfinance.org]
Website:
www.arcfinance.org
Focus sector/s:
Assets under
management:
Business stage of
The mission of Arc Finance is to promote and expand access to

financing for energy, water and other basic needs to build the
income and assets of poor people around the world.
Note that we are a non-profit organization, and we receive funding
from USAID among other big donors, to promote renewable energy
In developing countries. We provide grants and technical assistance
to many companies around the world.
Big companies with interest in scaling up, introduce an energy
component to their portfolio (example MFIs, or MTOs or banks)
Type of offered
investment:
Technical assistance and grant
Average ticket size

investment:
$100,000
Current/past
We have several projects in different parts of the world India,

Haiti, Uganda, among others.
29
Armstrong Energy
Contact person and
email:
Andrew Newman
[andrewn@armstrongenergy.co.uk]
Website:
www.armstrongenergy.co.uk
Focus sector/s:
Investment firm that manages renewable energy assets for

investors and family offices, particularly large scale solar.
Assets under
management:
150 million under management for investors

100MWp of solar PV in the UK and India
Business stage of
Armstrong Energy Global is a new company to deliver solar and

CHP investments in India, with first solar farm connected.
Type of offered
investment:
Equity and debt.
Average ticket size

investment:
1 10 million
Current/past
Armstrong Energy Global Foundation has been created by the

founders of Armstrong Energy to improve access to energy for
off-grid communities in rural India. The first two micro-grid
projects funded are under construction in Karnataka.
30
BIX Fund
Contact person and
email:
Jeroen Blm [jeroen.blum@bixfund.com] and Claudia Doets

[claudia.doets@bixfund.com]
Website:
www.bixfund.com
Focus sector/s:
Impact fund that invests in household appliances for the

World's least affluent people.
Assets under
management:
Anticipated AuM of 100m USD with first close at 30m USD
Business stage of
Ready to be brought to scale
Type of offered
investment:
Impact based pre-finance
Average ticket size

investment:
1m USD per deal, preferably multiple deals per investee
Current/past
BIX Fund is built on a pilot portfolio of 5m USD invested in prefinancing cookstoves of Envirofit throughout Africa and India.
The pipeline of BIX Fund includes a variety of off-grid energy
companies.
31
Blue Haven Initiative

Contact person and
email:
Lauren Cochran [lauren@bluehaveninitiative.com]
Website:
www.bluehaveninitiative.com
Focus sector/s:
Renewable Energy, Financial Inclusion, focus on Sub Saharan

Africa with opportunistic investments made in other regions.
Assets under
management:
N/A
Business stage of
Seed, Series A-C
Type of offered
investment:
Equity, Debt
Average ticket size

investment:
$500,000 - $5 million
Current/past
Significant number of investments in portfolio in the US, in the

process of closing first off-grid investment in Nairobi.
32
Consultative Group to Assist

the Poor
Contact person and
email:
Camilo Tellez [ctellez@worldbank.org]
Website:
www.cgap.org
Focus sector/s:
Assets under
management:
PAYG Energy, Digital Finance, Water

N/A
Business stage of
Type of offered
investment:
Average ticket size
investment:
Current/past
Grant
50-100
Current projects with 3 PAYG energy start-ups in East Africa.
33
CrossBoundary Energy
Contact person and
email:
Matt Tilleard [matt.tilleard@crossboundary.com]
Website:
www.crossboundaryenergy.com
Focus sector/s:
Solar installations that serve Commercial and Industrial

customers in Africa through PPA or similar agreement
Assets under
management:
Available upon request
Business stage of
CrossBoundary Energy provides developers with fully

integrated financial solutions for C&I projects in Africa
Type of offered
investment:
Average ticket size
investment:
Integrated equity and debt to finance, own, and operate solar

assets under PPAs and lease-to-own agreements with clients
Current/past
US$500,000 to US$10m (renewable energy installations of

approximately 250 kW to 5 MW)
Through our financing platform, Solar4Africa CrossBoundary
Energy has commenced operation and is actively financing
construction of our first projects in Kenya. We intend to expand
to two further countries in the next 12 months.
34
DEG Deutsche Investitions- und

Entwicklungsgesellschaft mbH
Contact person and
email:
Mr. Rolf Grunwald,

[Rolf.Grunwald@deginvest]
Website:
www.deginvest.de
Focus sector/s:
Agribusiness, Financial Institution and all industry sector

including energy companies
Assets under
management:
Approximately, 6 billion EUR
Business stage of
Portolio companies are in all stages: development, construction

and operational
Type of offered
investment:
Equity, mezzanine loans and senior loans
Average ticket size

investment:
Between EUR 10 mn to 30 mn, in special cases smaller
Current/past
So far only concessional support like EUR 500.000 up-scaling
35
Deutsche Bank Global Social Finance

Contact person and
email:
Website:
Focus sector/s:
Assets under
management:
Amy Wang [amy.wang@db.com]

www.db.com/usa/content/en/1086.html
Deutsche Bank Global Social Finance manages a series of debt
funds focused on funding emerging market solutions within the
affordable energy, healthcare and financial services industries
Approximately USD 228 million in committed capital
Business stage of
Seed, Growth, Mature
Type of offered
investment:
Debt
Average ticket size

investment:
USD 1 5 million
Current/past
Current energy portfolio consists of four companies with an

aggregate committed capital of $6 million. Portfolio includes
three small scale solar product companies and one cookstoves
company.
36
DOB Equity
Contact person and
email:
Toine Huijbers [toine@dobequity.nl]
Website:
www.dobequity.nl
Focus sector/s:
Agribusiness and food, Natural resources, Retail & distribution,

Waste, Mobile technology enabled services, Clean energy.
Assets under
management:
15,000,000
Business stage of
Early Stage, Growth Stage
Type of offered
investment:
Equity, Mezzanine Equity and debt
Average ticket size

investment:
1,500,000
Current/past
Barefoot Power, M-KOPA
37
DOEN Foundation
Contact person and

email:
Daphne Pit [Daphne@doen.nl]
Website:
www.doen.nl
Focus sector/s:
DOEN Themes: Green & Inclusive Economy and Culture &

Cohesion
Assets under
management:
Approx. EUR 100 mln in equity portfolio
Business stage of
Early stage
Type of offered
investment:
Grants / Debt / Convertible debt / Direct Equity / Fund in Fund

Investments
Average ticket size

investment:
Current/past
EUR 50k EUR 5 mln

Amongst others: Simpa Networks, Selco, Emergence Bio Energy,
Devergy, FRES, Frontier Markets, SunFunder.
38
Elea Foundation
Contact person and
email:
Stefan Kappeler [sk@elea-foundation.org]
Website:
www.elea-foundation.org
Focus sector/s:
elea Foundation is a professional and active philanthropic

impact investor that fights absolute poverty with
entrepreneurial means, capitalizing on the benefits and
opportunities of globalization and creating measureable, lasting
impact.
Assets under
management:
Business stage of
Type of offered
investment:
Average ticket size
investment:
Current/past
Undisclosed
Early and growth stage
Equity and loans
USD 100k - USD 400k
Yes
39
Global Partnerships
Contact person and
email:
Peter Bladin [pbladin@globalpartnerships.org]

Daniel Stokley [dstokley@globalpartnerships.org]
Website:
www.globalpartnerships.org
Focus sector/s:
Microfinance, health, agriculture, green technology, education
Assets under
management:
$56 million (as of 12/31/2014)
Business stage of
Growth stage
Type of offered
investment:
Debt
Average ticket size

investment:
Current/past
$1 million ($250K - $3 million)

Partners in Latin America include MFIs, off-grid solar
distributors, and PAYG models. Currently invested in global
manufacturer Greenlight Planet, and building pipeline in East
Africa
40
Company Profiles - Inestors
Invested Development
Contact person and
email:
Alex Bashian [abashian@investeddevelopment.com]
Website:
www.investeddevelopment.com
Focus sector/s:
Early-stage financing for tech companies in the renewable

energy, agriculture, and mobile/ICT sectors.
Assets under
management:
Business stage of
Seed - Series A
Type of offered
investment:
Mainly equity
Average ticket size

investment:
$350K
Current/past
Equity investments in Solar Now (Uganda), Simpa Networks

(India), EGG Energy (Tanzania), Promethean Power
41
Company Profiles - Inestors
LGT Venture Philanthropy
Contact person and

email:
Natija Dolic [Natija.dolic@lgtvp.com]
Website:
www.lgtvp.com
Focus sector/s:
Agriculture & Forestry, Education, Health & Sanitation, ICT,

Renewable Energy
Assets under
management:
USD 113.1m capital committed as of January 2015
Business stage of
Growth Stage
Type of offered
investment:
Equity, Convertible-debt, Debt, Grants
Average ticket size

investment:
USD 1.5m
Current/past
We currently have 3 active investments in off-grid energy

companies. Our first investment in this sector was in 2009, and
we have 1 partial
exit as of today
42
Oikocredit
Contact person and
email:
David ten Kroode
Website:
www.oikocredit.coop
Focus sector/s:
Microfinance, Agriculture, Renewable Energy
Assets under
management:
831 million
Business stage of
Type of offered
investment:
debt and equity
Average ticket size

investment:
5 million
Current/past
equity investment in Barefoot Power
43
Persistent Energy Capital

Contact person and
email:
Dirk Muench [Dirk.Muench@persistentnrg.com]
Website:
www.persistentnrg.com
Focus sector/s:
Distributed energy in sub-Saharan Africa, energy access, offgrid energy services.
Assets under
management:
$4m
Business stage of
Early stage
Type of offered
investment:
Equity and debt
Average ticket size

investment:
n/a
Current/past
Invested in Off.grid:electric, FENIX International, Devergy;

incubated PEG Ghana; managed over 45 investments in the offgrid sector; published research on sector.
44
PanAfrican Investment Co.

Contact person and
email:
Jon Saunders - jsaunders@picinvest.com
Website:
www.picinvest.com
Focus sector/s:
Renewable energy / agriculture / manufacturing / technology /
education / healthcare
Assets under
management:
$35mm
Business stage of
flexible
Type of offered
investment:
Equity / quasi equity
Average ticket size

investment:
$1mm - $3mm
Current/past
45
Quadia SA
Contact person and
email:
Kostis Tselenis [tselenis@quadia.ch]
Website:
www.quadia.ch
Focus sector/s:
All sectors, impact related, sustainability and social impact

footprint a necessity.
Quadia is a regulated investment manager specialized in
social and environmental finance. With more than CHF 70
million invested in over 20 companies, Quadia is a leading and
pioneering impact investor.
Assets under
management:
Not disclosed. Over CHF 70m in investments in the last 4 years.
Business stage of
Proof of concept / product / market
Type of offered
investment:
Equity, debt
Average ticket size

investment:
Flexible
Current/past
Yes.
46
ResponsAbility Investments AG
Contact person and
email:
Vivian Kotun [Vivian.kotun@responsability.com]
Website:
www.responsability.com
Focus sector/s:
Finance, agriculture, energy, health and education
Assets under
management:
USD 2.4 billion as of October 2014
Business stage of
Across several stages, from early growth stage to mature

businesses
Type of offered
investment:
Debt and equity
Average ticket size

investment:
Typical range of $500,000 to $10 M, across sectors
Current/past
In selected investments. Aim is to launch a debt fund targeting

energy access companies in Q1 2015.
47
Sovec Africa SME Fund
Contact person and

email:
Paul van Aalst [Paul@sovec.nl]
Website:
www.sovec.nl
Focus sector/s:
Clean energy, health, education, housing.
Assets under
management:
Business stage of
Growth capital for start-up and expansion.
Type of offered
investment:
Debt and equity.
Average ticket size

investment:
USD 500k 1.5 million.
Current/past
Solar PV, solar heating, small hydropower, biogas, biomass,

cookstoves, LPG, windenergy.
48
USAID: DiV
Contact person and
email:
Website:
Focus sector/s:
div@usaid.gov
www.usaid.gov/div
Open to all sectors, for example: energy, health, education,
financial inclusion, agriculture, democracy, water & sanitation
Assets under
management:
Disburse between $20M-$30M annually
Business stage of
Range from proof of concept through early growth stage
Type of offered
investment:
Average ticket size
investment:
Current/past
Grants
stage 1: $150K limit, stage 2: $1.5M limit, stage 3: $15M limit
Over 4 years have funded organizations in the space at proof
of concept and early growth phases, including Off-Grid Electric
Tanzania., Simpa Networks, Mera Gao Power, Gram Power,
Azuri, Angaza, EGG energy, Buen Power Peru, etc.
49
Zouk Capital LLP
Contact person and

email:
John Higelin [jhigelin@zouk.com]
Website:
www.zouk.com
Focus sector/s:
Energy and resource efficiency.
Assets under
management:
600m
Business stage of
Growth
Type of offered
investment:
Preferred Equity
Average ticket size

investment:
10m - 30m
Current/past
Invested in one of Africas leading off grid solar companies..
50
GOGLAs Membership Base
Industry Members
Associate Members
Contact:
Global Off-Grid Lighting Association (GOGLA)
Nieuwekade 9
3511 RV Utrecht
The Netherlands
Email: info@gogla.org
Phone: +31 30-6006-142

OffGrid and Investors Company-Profiles - Updated

Hochgeladen von

Dokumentinformationen

Originaltitel

Copyright

Verfügbare Formate

Dieses Dokument teilen

Dokument teilen oder einbetten

Freigabeoptionen

Stufen Sie dieses Dokument als nützlich ein?

Sind diese Inhalte unangemessen?

Copyright:

Verfügbare Formate

OffGrid and Investors Company-Profiles - Updated

Hochgeladen von

Copyright:

Verfügbare Formate

Company Profiles

Global Off-Grid Lighting Association (GOGLA)

The Global Off-Grid Lighting Association (GOGLA) is a neutral, independent, not-for-profit

Company Profiles - Industry

Contact person and email:

Emily Ord [emily.ord@azuri-technologies.com]

Core business areas

Azuri Technologies Ltd. is a commercial provider of PayGo

enya, Uganda, Ethiopia, South Sudan, Malawi, South Africa,

Company Profiles - Industry

Contact person and email:

Rick Hooper, CEO [rickh@barefootpower.com]

Core business areas

Off-grid energy company, leading in solar home system and

East and West Africa, India, Latin America

Company Profiles - Industry

Limited company of England and Wales

Contact person and email:

Mansoor Hamayun [m.hamayun@bboxx.co.uk]

Core business areas

Kenya, Rwanda and Uganda, with partners working in Sierra

Company Profiles - Industry

Contact person and email:

Ingun Berget, CEO [ingun@bright-products.com]

Business start date:

November 11. 2011 - Commercial launch May 2014

Core business areas

lamps, phone chargers and solar powered accessories.

Global. Currently sold in East Africa, Angola, EU and US.

Company Profiles - Industry

Centre for Research in Energy and Energy

Company Limited by Guarantee without share capital

Contact person and email:

Moses Kakooza [mkakooza@creec.or.ug]

Business start date:

December 3, 2010 = registration, but operating since 2001

Core business areas

Applied research, training and consultancy in rural

Company Profiles - Industry

Contact person and email:

Mike Lin [mlin@fenixintl.com]

Business start date:

Core business areas

Fenix designs, manufactures, and distributes mobile

Company Profiles - Industry

Contact person and email:

Julien Potron [julien.potron@nadjibi.com]

Business start date:

Core business areas

We are designing, manufacturing and selling solar devices

We have companies in Burkina Faso, Cameroon, Senegal

Company Profiles - Industry

Private sector. Limited Company

Contact person and email:

Matt Clark, General Manager [mclark@Nokero.com]

Core business areas

Nokero Solar is a for-profit company with a mission to

Global, with emphasis on Africa, Southeast Asia and Latin

Company Profiles - Industry

Limited liability company

Contact person and email:

Daniel Ben Yehuda [daniel.b@nova-lumos.com]

Business start date: