< Go Back

Sierra Power Renewable Energy SL Limited

Location

Sierra Leone

Sector

Mini Grid

Stage

Bankable Feasibility
Overview

The operation and maintenance of electricity to remote areas through mini-grids represent a sustainable solution to address energy poverty and promote inclusive development. By investing in the establishment of mini-grid systems and empowering local communities to manage them effectively, we can unlock the potential of remote areas and improve the
lives of millions of people.
This project proposal outlines a comprehensive approach to achieve these objectives and lays the groundwork for a brighter, more sustainable future for all. Our experienced team, with a proven track record in the northern part of the country, is well-prepared to ensure the success and sustainability of this initiative.

Investment Needs

$5 000 000

Investment Project Type:

Private

Invested Value to Date:

$150 000

Funding Gap:

$5 000 000

Climate Classification:

Cross Cutting

Why Investing

1
De-risked Project
The project's foundation is built on secured land leases and regulatory approvals, minimizing uncertainties that often hinder investment. Additionally, having community buy-in ensures local support, which can lead to smoother project execution and long-term sustainability.
2
Blended Financing Model
By incorporating grant funding into the financing structure, the project's capital burden is significantly reduced. This not only lowers the initial investment risk but also can enhance returns for investors, as the reliance on traditional financing sources is diminished.
3
Replication Potential
The project's strong potential for replication in additional communities presents a scalable opportunity for investors. Successful implementation in one area can facilitate expansion into other regions, potentially accelerating growth and increasing overall profitability.
Mohamed Alhaji Munu
CEO and Founder
http://www.sierrapowersl.com/
Advertise With VUKA Group

Advertise With VUKA Group

Contact Us

Want to Generate Opportunities?

VUKA is the trusted media partner to key professionals, policy makers, suppliers and
manufacturers. We provide unparalleled opportunities for industry-wide connection.