The Facility for Energy Inclusion (FEI) has received a further $24 million subscription by KfW. With this additional allocation, KfW on behalf of the German Ministry for Economic Cooperation and Development (BMZ) has now committed a total of $52 million to FEI, bringing FEI’s total equity base to about $145 million and the total potential fund size to just under $400 million. FEI has now reached final close of its equity.

The commitment by KfW is part of BMZ’s “Green people’s e...