Alitheia Clean Energy

Alitheia Clean Energy Fund (ACEF)

Alitheia’s Clean Energy Fund is a wholesale debt facility creating new markets for clean energy products for underserved areas/segments by providing distributor and consumer finance to over 30,000 entrepreneurs across Nigeria

In partnership with Oando, Alitheia developed ACEF to fund viable commercial intermediaries that provide clean energy finance to over 5 million low-income households

The Alitheia ACEF is a wholesale financing vehicle creating new markets for clean energy products for underserved areas/segments by providing distributor and consumer finance to over 30,000 entrepreneurs across the country.

Alitheia worked in partnership with Oando to develop ACEF to fund viable commercial intermediaries that provide clean energy finance to over 5 million low-income households

Partner

Alitheia worked in partnership with Oando to develop ACEF to fund viable commercial intermediaries that provide clean energy finance to over 5 million low income households

Objectives

ACEF has had broad financial and social impact, including job creation, wealth creation, and access to affordable and safe energy for low income households.

ACEF provides on-lending funds to microfinance institutions, enabling the financing of micro LPG retailers, and end-consumers for the acquisition of LPG cylinders and fuels.

The activities of the ACEF are expected to have broad social and financial impact such as Job and Wealth Creation

Partners

Alitheia worked in partnership with Oando to develop ACEF to fund viable commercial intermediaries that provide clean energy finance to over 5 million low income households

Objectives

ACEF has had broad financial and social impact, including job creation, wealth creation, and access to affordable and safe energy for low income households.

ACEF provides on-lending funds to microfinance institutions, enabling the financing of micro LPG retailers, and end-consumers for the acquisition of LPG cylinders and fuels.

The activities of the ACEF are expected to have broad social and financial impact such as Job and Wealth Creation