EAV Fund 1 increased to $90 million
In 2017, Energy Access Ventures (EAV) increased its Fund 1 size to $90 million and boosted economic growth in sub-Saharan Africa. This was made possible through three investments: The Netherlands company Financierings-Maatschappij voor Ontwikkelingslanden joined the fund whilst existing limited partners Schneider Electric and CDC both increased their commitments.
EAV invests in companies worldwide to support innovative electricity technologies and business models.