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Renewable Energy Performance Platform Platform

The “Renewable Energy Performance Platform” (REPP) seeks to mobilise private sector development activity and investment in small and medium scale renewable energy projects (up to 25MW) in sub-Saharan Africa. REPP has £48 m in capital commitments from DECC, with support from EIB and UNEP. A consortium comprising Camco Clean Energy and GreenStream has been appointed to manage REPP. Instruments REPP seeks to assist small to medium sized developers throughout the project development life cycle. The REPP will provide the following:

• Technical assistance: REPP will offer a Technical Assistance facility to provide support to selected developers during the development phase in order to reach financial close.

• Access to risk mitigation instruments: REPP will facilitate access to risk mitigation instruments provided by REPP partners. REPP will focus on mitigating risks which cannot be cost effectively managed by the private sector, in particular political, regulatory and offtaker risk, as well as currency risks.

• Access to long-term lending and assistance with financial structuring: REPP will facilitate access on behalf of projects to long-term lending from both public and private sector sources.

• Results-based finance: In cases where even after providing access to risk mitigation instruments and improving access to long term debt finance, the financial viability of a fundamentally sound project is not met, REPP will have the capacity to provide results-based financial support. Countries Countries which are initially targeted for REPP support include:

  • Benin
  • Burkina Faso
  • Burundi
  • Cote d’Ivoire
  • Ethiopia
  • Ghana
  • Kenya
  • Liberia
  • Madagascar
  • Malawi
  • Mauritania
  • Mozambique
  • Nigeria
  • Rwanda
  • Senegal
  • Sierra Leone
  • Tanzania
  • Togo
  • Zambia
  • Zimbabwe

Technologies

The following technologies will be supported:

  • onshore wind
  • solar photovoltaic (PV)
  • concentrating solar power (CSP)
  • geothermal
  • waste to energy
  • tidal power
  • small hydropower
  • biomass
  • biogas

 

For more information, visit the REPP website here

 

 

 

For more information see our Frequently Asked Questions or Contact Us

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