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Solengy Haiti

Sector: Water Supply and Storage • Location: Haiti

Source: International Finance Corporation (IFC)

Project
Active

  The proposed IFC investment entails a financing package for an aggregate amount of up US$12 million to Solengy Haiti S.A. (“Solengy” or the “Company”) for funding the deployment of additional solar energy systems (of up to 5 MWp and 11MWh) through the Company’s lease-to-own program to its customers. The financing package consists of: (i) a senior IFC A loan of up to US$3 million; (ii) senior par

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Project Information

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The project “Solengy Haiti” is an infrastructure initiative in the Water Supply and Storage sector, located in Haiti. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

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active

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Description

Description

  The proposed IFC investment entails a financing package for an aggregate amount of up US$12 million to Solengy Haiti S.A. (“Solengy” or the “Company”) for funding the deployment of additional solar energy systems (of up to 5 MWp and 11MWh) through the Company’s lease-to-own program to its customers. The financing package consists of: (i) a senior IFC A loan of up to US$3 million; (ii) senior parallel loans of up to US$3 million; and (iii) an additional US$6 million in subordinated loan. Solengy is a distributed energy solution provider in Haiti, providing turnkey and custom energy systems between 1KWp to 1MWp to households, schools, hospitals, commercial and industrial customers.                                                 

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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