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CrossBoundary Energy Access announces first close on $16m facility for mini-grids

CrossBoundary Energy Access (CBEA), Africa’s first project financing facility for mini-grids, has announced its launch, with funding commitments from The Rockefeller Foundation and Ceniarth. The company will initially invest $16 million into mini-grids serving 170,000 people, providing first-time power to homes and businesses. The focus is on markets with supportive mini-grid regulatory frameworks, such as…

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