MSC II is the tenth capital pool for the Metier team, which has worked together for over three decades and collectively has a track record of over 100 strong performance deals. MSC II provides project equity and growth capital to renewables and resource efficiency projects in sub-Saharan Africa. Commercial finance is not currently suitable or available in sufficient quantity for renewable C&I power and resource efficiency projects in Africa. Metier seeks to address this financing gap and demonstrate the bankability of these business models. MSC II will also provide much needed capital to enable small-scale utility projects to reach financial close, which often struggle to attract commercial capital that is often chasing larger and more bankable utility scale projects.
- Fund size
- 200m
- Fund Type
- Environmental funds
- Geography
- Africa
- Region
- Sub-Saharan Africa
- Sector(s)
- Energy Efficiency, Renewable Energy
- Vintage year
- 2019
- EIB commitment
- USD 20m
- Website
- www.metier.africa