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TESCO "Energy as a service" development

Sector: Wind • Location: South Sudan

Source: World Bank Group

Project
Active

"The project comprises an investment in the development of renewable energy company at service of the telecommunications sector in South Sudan. The sponsor is Communication & Renewable Energy Infrastructure (CREI), which develops its Telecom Energy Service Company (TESCO) to provide energy as a service. It received funding as a bridge loan by the Facility for Energy Inclusion (FEI) of $15m, signed

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The project “TESCO "Energy as a service" development” is an infrastructure initiative in the Wind sector, located in South Sudan. Taiyo aggregates data on it from World Bank Group.

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Participants

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Email

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Description

Description

"The project comprises an investment in the development of renewable energy company at service of the telecommunications sector in South Sudan. The sponsor is Communication & Renewable Energy Infrastructure (CREI), which develops its Telecom Energy Service Company (TESCO) to provide energy as a service. It received funding as a bridge loan by the Facility for Energy Inclusion (FEI) of $15m, signed on June 28, 2024. Related project - Communication & Renewable Energy Infrastructure (CREI) 413 telecom power solutions. FEI is managed by Cygnum Capital and was advised by Trinity International (legal) and IBIS Environmental Social Consulting Europe (E&S) on this transaction." https://www.cygnumcapital.com/news/fei-finnfund-and-crei-sign-us-20-million-facilities-to-finance-its-telecom-energy-service-company-in-south-sudan https://www.cygnumcapital.com/news/fei-finnfund-and-crei-sign-us-20-million-facilities-to-finance-its-telecom-energy-service-company-in-south-sudan

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Original Currency

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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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