FOREIGN

Trine, Solarise Africa Sign €5m Infrastructure Framework Agreement

A new infrastructure framework is set to improve investment across multiple industries in food security, renewable energy, urban development, manufacturing, and production in South Africa, Kenya, Ghana and Rwanda.

The demand for on-site renewable energy assets is increasing rapidly as businesses are faced with rising energy costs and a desire to improve the sustainability of their operations.

This is highlighted by Swedish-based impact investment platform Trine announcing their new partnership this week with Solarise Africa, a pan-African energy leasing company.

The two companies have embarked on the €5 million venture, which aims to advance investments in key infrastructure sectors.

Trine’s first debt financing round will unlock the potential to meet the demand for renewable energy. It will finance five solar projects in the regions of South Africa and Kenya.

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