This website use cookies and similar technologies to improve the site and to provide customised content and advertising. By using this site, you agree to this use. To learn more, including how to change your cookie settings, please view our Cookie Policy
Xmas Legs Small Present Present
Pocketmags Digital Magazines
EU
Pocketmags Digital Magazines
   You are currently viewing the European Union version of the site.
Would you like to switch to your local site?
Digital Subscriptions > > Bamboo Capital supports off-grid energy in Africa

Bamboo Capital supports off-grid energy in Africa

Africa and Asia

An equity capital platform has been launched with the goal of improving access to energy in sub-Saharan Africa and Asia.

The BEAM platform catalyses funding for distributed businesses, which is expected to wean developing countries off expensive grid infrastructure. Behind the platform is private equity firm Bamboo Capital Partners and next generation utility company BBOXX. By deploying US$50 million in equity to several energy data service firms, the partners hope to grow subsequent debt capital financing for joint ventures and co-investments in off-grid consumer energy projects.

READ MORE
Purchase options below
Find the complete article and many more in this issue of -
If you own the issue, Login to read the full article now.