Empower New Energy

Empower New Energy is about accelerating deployment of renewables in the countries most in need of energy, initially with a focus on Sub-Saharan Africa. We work in close collaboration with our project development partners, preparing the projects for investment by our impact investment fund. We focus on distributed renewables; 0.5 MW - 10 MW projects that have a long-term power sales agreement with the energy off-taker. ​ Through our impact investment fund, we bring equity and mobilise climate finance needed for projects that meet our investment criteria. Our projects ensure both cost savings and reliable electricity supply for the off-takers, and reduce their vulnerability of natural disasters and fluctuating fossil fuel prices. Our portfolio of investments deliver competitive financial return as well as outstanding CO2 reductions, job creation and other sustainable impact. Our value proposition is to provide a lean and flexible financing plattform which allows for diverse, small-scale projects to be built around industry, agriculture and commercial activity, with the primary aim to increase the speed of change from fossil energy to a renewable energy society.