Case

PowerGen

SDGS
https://impactfund.dk/wp-content/themes/impactfund/assets/dist/img/sdg-icons/clean_energy.svg https://impactfund.dk/wp-content/themes/impactfund/assets/dist/img/sdg-icons/reduce_inequality.svg https://impactfund.dk/wp-content/themes/impactfund/assets/dist/img/sdg-icons/climate_action.svg
Facts
Year 2024
Sector Green Energy & Infrastructure
Fund Impact Fund Denmark
Current investment DKK 105.9m
Regions Africa
Huge lack of access to power – PowerGen propels capacity and connections

Access to affordable and reliable electricity remains a big challenge in Africa. Especially in the poorest countries in sub-Saharan Africa, where 570 million people
currently live without connection to power.

Deploying 120 MW of renawable energy

PowerGen is a leading distributed renewable energy (DRE) company striving to provide clean, reliable and affordable power across Africa. The company will deploy 120 megawatts of clean energy in rural Africa, which is expected to increase new power connections by more than 26,000 and reduce the cost of power for 7,000 businesses.

The initial focus will be on Nigeria, the Democratic Republic of the Congo (DRC) and Sierre Leone.