Rural and Renewable Energy Agency Liberia

Other

Information

Company Description

An autonomous agency of the Government of Liberia with key mandate to facilitate and accelerate the rural economic transformation of rural/off-grid areas through the deployment of energy access from renewable energy sources.

Countries of Operation

Liberia

Ownership of Company: Government agency

Number of years since incorporated

10

Project Pitch

EU manufactured/supplied energy efficient productive use of energy appliances/equipment: Incentivizing the private sector through catalytic investment subsidies to address consumers affordability and products availability to accelerate the importation and retail distribution of energy efficient EU manufactured/supplied productive use appliances/equipment including cooking for household/residential, low consumption lighting, buildings, small & medium scale industrial, agricultural/fisheries and transportation sectors.

Team

Information not provided

Type of Project

Governmental/Institutional project

Stage

Concept stage

Annual Revenue (in EUR)

10.000.000 - 100.000.000 EUR

Number of employees

11-50

Total Project Cost (in EUR)

78,500,000 EUR

Financing needs (in EUR)

50,000,000 EUR

Type of financing needed

Debt; Equity; Guarantees

The Company is looking for:

Financing; Technology Solution/Equipment; Suppliers for products/services; Partners to distribute products

Planned allocation of fundraising capital

Greenfield (new activity for the company); Expansion (expanding an existing activity); PPP (Public-Private Partnership)

Did the project already benefit from an EC Funding Instrument?

Yes: EU DFI Financing Instrument

Sector
Renewable Energy

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