NSIA Launches $300m Fund for Renewable Energy

NSIA launches $300m fund for renewable energy

— Targets investment in mini-grids, standalone solar systems By Emma Ujah, Abuja Bureau Chief ABUJA — The Nigeria Sovereign Investment Authority, NSIA, has launched a $300 million Nigeria Distributed Renewable Energy, DRE, Fund to accelerate private-sector investment in renewable energy and expand electricity access to underserved communities and businesses. The Fund reached its commercial launch […]

Nigeria’s Renewable Energy Fund Begins Commercial Operations

The 300-million-dollar Nigeria Distributed Renewable Energy, DRE, Fund has commenced commercial operations, marking the start of capital deployment into renewable energy projects aimed at expanding electricity access across the country. The investment vehicle was formally launched on the sidelines of the United Nations General Assembly by the Nigeria Sovereign Investment Authority, NSIA, Africa50 and Sustainable […]

NSIA, Africa50, SEforALL launch $300m fund to scale Nigeria’s renewable energy market

By Abiodun Folarin WorldStage– Nigeria’s $300 million Distributed Renewable Energy (DRE), Fund has entered its commercial phase, opening the way for capital deployment into off grid and distributed renewable energy projects across the country. The Fund, co-managed by the Nigeria Sovereign Investment Authority (NSIA), and Africa50, was unveiled on the sidelines of the United Nations […]

Nigeria DRE Fund reaches commercial launch milestone, a model for scaling DRE investment across Africa

On the sidelines of the United Nations General Assembly, the Nigeria Sovereign Investment Authority (NSIA), Africa50 and Sustainable Energy for All (SEforALL) unveiled a new investment vehicle to spur renewable energy investments in Nigeria The [$300 million] Nigeria Distributed Renewable Energy (DRE) Fund has reached a major milestone with its commercial launch, marking the transition […] The post Nigeria DRE Fund reaches commercial launch mile…