Tag: off grid

SIMA forms an energy access fund to assist off-grid solar companies

Social Investment Managers and Advisors (SIMA) has launched the Energy Access Relief Fund (EARF) with a first closure of $68 million and a target closing of about $84 million by the end of the year. The fund intends to help off-grid solar firms and ensure that over 20 million people in Sub-Saharan Africa and Asia have access to energy. SIMA will use this fund to give relief loans to institutions who are experiencing financial issues due to COVID-19 disruptions.

Read More