Renewable energy, efficiencies key themes in Sunref Nigeria investor conference

… Production slumps to four-year low in 2020

The Sustainable Use of Natural Resources and Energy Finance (SUNREF), a green financing line for businesses developed by the French Development Agency (AFD), will host an investor’s conference on February 24 to discuss investment opportunities in renewable energy and energy efficiency.

The conference, hosted in partnership with development partners, the Nigerian Energy Support Program (NESP) implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and off-grid renewable energy investor All-On, is aimed at attracting investment into Nigeria’s renewable energy and energy efficiency sector.

Expected at the event are investors, banks, technical assistance providers, renewable energy and energy efficiency project developers, government agencies and other stakeholders and provide a platform to discuss access to finance for RE/EE projects.

“Investors and banks will talk about their available financial schemes targeted to RE/EE and project sponsors will present some of their most representative projects to the financiers,” the organisers said

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Immediately after the conference, the Renewable Energy Association of Nigeria (REAN) will host a Matchmaking Session so that manufacturers and other businesses can be connected to a qualified developer that can offer them energy and cost-saving solutions, and help them put together an application that will meet the SUNREF eligibility criteria.

According to the group, the main goal is to provide a starting point for those businesses that are interested in RE/EE solutions and want to take advantage of the concessionary lending and technical assistance that the SUNREF Nigeria programme has to offer but they are not sure where to begin.

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