No.

Company Name

Contact Details

1 Frontier Investment Management Bernard Osawa |Tel: +2542723

273615, +254 20 4214000 |Email:
bos@frontier.dk |Physical Address; 6th
Floor, West End Towers, Off Waiyaki
Way |URL: www.frontier.dk

2 European Investment Bank

Kurt Simonsen | Tel: +254-202735260 |

Email: Nairobi@eib.org | Physical
Address: Africa RE, Hospital Road,
Upper Hill, Nairobi |URL: www.eib.org

3 Deutsche Gesellschaft fuer

Reimund Hoffmann |Tel: +254 20
Technische Zusammenarbeit (GIZ) 2731826 |Email:
Reimund.Hoffmann@giz.de |Physical
Address: 5th Floor Utumishi House,
Mamlaka Road, Nairobi

4 Africa Enterprise Challenge Fund

Anjali Saini |Tel: +254 20 2699137/8 /9

|Email: react@aecfafrica.org | Physical
Address: Equatorial Fidelity Centre ,
3rd Floor, Waiyaki |URL:
www.aecfafrica.org

5 EU Energy Initiative Partnership

Dialogue Facility (EUEI PDF)

Michael Franz |Tel: +32 2 8949 361 |

Email: Michael.franz@euei-pdf.org |
Physical Address: c/o Deutsche
Gesellschaft fr Internationale
Zusammenarbeit (GIZ) GmbH
Leopold Plaza
Rue du Trne 108
1050 Brussels
Belgium |URL:www.euei-pdf.org

6 Willow Impact Investors

Nadine Kettaneh |Tel: +971 4 3955758

|Email: info@willowimpct.com |Physical
Address: 2504 The Fairmont, Dubai,
UAE | URL: www.willowimpact.com

7 Kenya Association of
Manufacturers

Jeff M Murage |Tel; +254 720261149,

+254 735818626 |Email:
Jeff.murage@kam.co.ke |Physical
Address: 86 Riverside Lane off
Riverside Drive |URL:www.kam.co.ke

8 Agence Franaise de
Dveloppement (AFD)

Maitane Concellon |Tel:+254 20 271

8452/57 |Email: concellonm@afd.fr |
Physical address: Top Plaza Building,
Kindaruma Road - Off Ngong Road |
URL:
www.afd.fr/lang/en/home/pays/afrique/
geo-afr/kenya/afd-kenya

Description
Manages the DI Frontier Market Energy &
Carbon Fund, an investment fund with a
unique focus on renewable energy and
carbon credit generating assets in SubSaharan Africa

Renewable Energy
Technologies Supported
Solar PV, Solar Thermal,
Biomass, Large Hydro, Small
Hydro, Wind, Geothermal,
Energy Efficiency

Multi-lateral development bank

Solar PV, Solar Thermal,

Biomass, Large Hydro, Small
Hydro, Wind, Geothermal,
Tidal, Energy Efficiency

Development partner

Solar

Fund provides grants and interest free

Solar PV, Solar Thermal,
loans to businesses who wish to implement Biomass, Large Hydro, Small
innovative, commercial viable, high impact Hydro, Wind, Geothermal,
projects in Africa.
Tidal, Energy Efficiency

EUEI PDF was established under the EU

N/A
Energy Initiative in 2004 to provide ondemand policy advisory services to
governments and government agencies in
ACP countries. Our focus is on supporting
market development for energy access
and renewable energy. We also support
national and international stakeholder
dialogue, and help to build linkages
between development partners,
government, private sector, and civil
society. The EUEI PDF is currently
financially supported by Austria, the
European Commission, Finland, France,
Germany, the Netherlands and Sweden.

Willow invests growth capital in SMEs and

businesses that seek to deliver social and
environmental impact in addition to
commercial returns

Solar PV, Solar Thermal,

Biomass, Small Hydro, Wind,
Tidal, Energy Efficiency

Business member organisation offering

financing embedded in a technical
assistance component hosted by KAM

Solar PV,Biomass, Hydro, Wind,

Energy Efficiency

Agence Franaise de Dveloppement (AFD) Solar PV, Solar Thermal,

is a financial institution and the main
Biomass, Small Hydro, Wind,
implementing agency for Frances official Tidal, Energy Efficiency
development assistance to developing
countries and overseas territories. In the
energy sector, AFD Kenya supports the
development of a low-carbon energy mix,
particularly geothermal energy; supports
access to electricity in rural and remote
areas; reinforcing the power transmission
and distribution grids; and regional
integration of the electricity market in East
Africa.

Acceptable Deal Size

No size restrictions

Stage of Project
Development
Early stage (prefeasibility), Under
development stage

Type of Financing
Debt, Equity

Minimum size approx $10

million

Under develoment stage Debt

(feasibility), mature
(operational) stage

No size restrictions

Mature (operational)
stage

Minimum size $250,000,

Maximum size US$1.5 million.
Companies must match this
with US$1.5million or more,
resulting in a project size of
US$3 million or more

Under develoment stage Grant, Debt

(feasibility), mature
(operational) stage

Grant

N/A

N/A

N/A

Minimum US$size 1 million;

Maximum size US$ 10 million

Under develoment stage Equity

(feasibility), mature
(operational) stage

No size restrictions

Early stage, Under

develoment stage
(feasibility), mature
(operational) stage

Grant, Debt and Equity

Additional Information
In addition to providing equity, the fund management
participates actively in the project development from
prefeasibility through to financial close. Projects may be
standalone such as wind farms or captive such as bagasse based
power generation at sugar factories. Additional information can
be accessed at www.frontier.dk

Smaller projects can be supported through the bank's credit lines

to local banks.

In Kenya, GIZ engagement in the energy sector focusses on

promotion of fuel wood saving cookstoves and small solar
systems under the global Energizing Development programme,
funded by various donors such as Norway, DGIS (Netherlands),
AusAid and Germany.

The AECF supports businesses working in agriculture, financial

services, renewable energy and technologies for adapting to
climate change. We also support initiatives in media and
information services where they relate to these sectors.

EUEI PDF does not provide project financing but support policy
advisory services to government and government agencies.

N/A

N/A

N/A

ERC RE Portal | April 2013

SOURCES OF RENEWABLE ENERGY PROJECT FNIANCE
NAME
Multi-Lateral Development Banks
1 World Bank Group
2 African Development Bank
Development Finance Institutions
3 International Finance Corporation
4 Kreditanstalt fr Wiederaufbau (KfW - DEG)
5 Proparco
6 European Investment Bank
European Investment Bank
Commercial Banks
7 Stanbic Bank
Standard Bank, South Africa
Private Equity Funds/ Search Funds
10 Frontier Investment Management
11 Catalyst Principal Partners
14 Consolidated Infrastructure Group
15 Willow Tree Impact Investors
Competitions/ Award Schemes/ Grants
16 Africa Entreprise Challenge Fund
National/ Regional Goverments
18 EUEI pdf
20 Agence Franaise de Dveloppement (AfD)
21 GIZ
22 NCA
Associations
23 Kenya Association of Manufacturers
24 Kenya Association of Manufacturers

CT FNIANCE
CONTACT PERSON

EMAIL

Mits Motohashi
Caroline Eboumbou

mmotohashi@worldbank.org
c.eboumbou@afdb.org

Arthur Itotia
Amdt Wierheim
Ghislain de Valon
Kurt Simonsen
Nikola Milianitis

anjagi@ifc.org
amdt.wierheim@kfw.de
devalong@afd.fr
simonsen@eib.org
n.milianitis@bei.org

Felix Gichaga
Terence Sibiya

felix.gichaga@stanbic.com
terence.sibiya@standardbank.co.za

Bernard Osawa
Paul Kavuma
DC Moore
Pasha Bakhtiar

bos@frontier.dk
pkavuma@catalystprincipal.com
investors@ciglimited.co.za
pasha@willowimpact.com

Anjali Saini

saini.anjali@gmail.com

Michael Franz
Concellon Maitane
Reimund Hoffman
Paul Mbole

michael.franz@euei-pdf.org
concellonm@afd.fr
reimund.hoffman@giz.de
paul.mbole@nca.no

Douglas Liner
Jeff Murage

douglas.liner@kam.co.ke
jeff.murage@kam.co.ke

COMMENTS
IFC to confirm person
No response

IFC to confirm person

Not a financier

No response