The Electrification Financing Initiative, ElectriFI, has opened its doors. Interested parties can now submit their project proposals.
ElectriFI is an innovative mechanism to unlock, accelerate and leverage investments providing access to affordable, reliable, sustainable and modern energy.
The implementation of the initial EUR 75 million allocation to ElectriFI was entrusted to the European Development Finance Institutions (EDFI).
This first EU contribution to ElectriFI will support investments that can improve the lives of more than six million people living principally in rural, underserved areas, promote rational use of energy for productive uses and social services benefiting the bottom of the pyramid.
More information on ElectriFI can be found on www.electrifi.org including the application form. This is the first round of Invitation to submit project proposals for ElectriFI and will be followed by another round in the last quarter of 2016.