The Renewable Energy Performance Platform (REPP) supports small to medium-sized renewable energy projects (1MW to 25MW) throughout sub-Saharan Africa. It was established in December 2015 with £48m in funding from the International Climate Initiative through the UK Department of Business, Energy and Industrial Strategy. The REPP offers three distinct products:

• Technical Assistance: REPP offers repayable Technical Assistance to support selected developers during the development phase in order to reach financial close.
• Advisory & Structuring Support: REPP provides structuring support and facilitates access to risk mitigation instruments and long-term lending from REPP Partners.
• Results-Based Financing: REPP may provide Results Based Financing to financially sustainable projects to support them in achieving commercial viability. The RBF may be provided as a grant or as concessional debt.

The REPP is set-up for an initial period of 5 years, with an overall target of installing 150 MW of new renewable energy capacity and improving the access to clean energy for 3.1 million households. More information is available at www.repp-africa.org

REPP was developed by the European Investment Bank (EIB) and UN Environment Programme (UNEP) to deliver the UN SE4ALL objectives in Sub-Saharan Africa by mobilising private sector development activity and investment in small and medium scale renewable energy projects. The REPP has a constantly growing network of REPP Partners (FMO, OPIC, ATI, Inspired Evolution, GPCF, PTA Bank, FinnFund, BOAK and Oiko Credit).

Date posted:

31/07/2017

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