< Go Back

Mzansi Clean Energy Capital

Location

South Africa

Sector

Renewable Energy

Stage

Pre-implementation
Overview

Clean Utilities is a first-to-market African instrument developed by Mzansi Clean Energy Capital that addresses the barriers to renewable energy adoption in grid-connected LMI households.
The Clean Utilities instrument is a fund partnering with landlords to catalyze investment in utilities infrastructure projects targeted at low-to moderate income households in affordable housing in South Africa. By partnering with major landlords, it reduces the financial risks inherent in the affordable housing market by aggregating smaller-scale projects and offering bankable off-take agreements.
Flexible, scalable utility solutions are delivered to residents, improving quality of life and financial security, accelerating South Africa’s just energy transition. Customized Technical Assistance raises awareness and optimises uptake.

Investment Needs

$54 000 000

Investment Project Type:

Private

Invested Value to Date:

NA

Funding Gap:

$54 000 000

Climate Classification:

Cross Cutting

Why Investing

1
Innovative Market Strategy
The Fund targets low- and moderate-income (LMI) utility markets in South Africa, derisking investments and offering a unique instrument for renewable energy investors.​
2
Skilled Development Team
Backed by an experienced clean technology team with local property sector ties, the Fund is preparing pilot projects and attracting funding interest.​
3
Catalytic Capital Potential
Clean Utilities aims to secure USD 18 million in senior debt, leveraging funding to target 28,000 affordable housing units over five years, with expansions planned for township retail and Kenyan housing.​
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.