Triple Jump provides mezzanine funding to Ecoligo
Impact investor Triple Jump is providing a $2 million mezzanine loan to solar-as-a-service provider Ecoligo as part of its Energy Entrepreneurs Growth Fund (EEGF).
Berlin-based Ecoligo offers retail investors the opportunity to invest money in solar projects in emerging countries. To date, 90 projects with a total capacity of 32.6 MWp have been fully installed and commissioned.
“The collaboration with Triple Jump was driven by our shared values and mission to support the sub-Saharan Africa region more comprehensively. We look forward to bringing sustainable solar power to even more businesses in sub-Saharan Africa through the support of a renowned and valued financing partner,” said Markus Schwaninger, CIO at Ecoligo.