ElectriFI invests €2.5m in Sawa Energy
The investment will finance solar and battery projects serving businesses across Uganda and Rwanda.
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ElectriFI, managed by EDFI Management Company, has announced a €2.5 million equity investment in Sawa Energy, a renewable energy company operating in Uganda and Rwanda.
Founded in 2021, Sawa Energy finances, builds, and operates solar and battery projects tailored to the unique consumption needs of businesses. By offering long-term contracts, of 10 to 25 years, Sawa Energy enables clients to access reliable, affordable, and clean electricity. The company also provides comprehensive operations and maintenance services to ensure optimal system performance throughout the contract duration.
Rodrigo Madrazo, CEO of EDFI Management Company stated: “By supporting Sawa Energy’s expansion in Uganda and Rwanda, we are helping to accelerate the transition from polluting diesel generators to reliable, affordable solar power for businesses, creating lasting economic and environmental benefits across the region.”
Samuel Kaufman, CEO and co-founder, Sawa Energy added: “At Sawa Energy, our mission is to make clean, affordable energy accessible for businesses across East Africa. This partnership with ElectriFI enables us to scale our impact, helping more companies reduce emissions, lower energy costs, and improve productivity. We believe in building a sustainable model that benefits our clients, our team, our investors, and the entrepreneurs we serve.”
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