- Electrification of 200,000 households in Haiti by 2028
- Haiti Green Solutions (HGS) and Gold Energy join Ekotek and Palmis Eneji as participants in the results-based financing scheme
- Additional catalytic grants made available
- Additional working capital loan to ESG (trading as Ekotek)
Port-au-Prince, 3 January 2023 – The Off Grid Electricity Fund (OGEF), the renewable energy access fund for Haiti supported by the World Bank, announces it now has contracts with four Haitian companies, Ekotek, Palmis Enèji, Haiti Green Solutions and Gold Energy in its results-based financing (RBF) grant program
The Fund, managed jointly by Bamboo Capital Partners and Fonds de Développement Industriel, invests debt and equity in companies and manages grant programs that helps companies offer renewable off grid energy access solutions to people in Haiti, ranging from mini grids to pay-as-you-go solar products.