Portfolio Partner Profile
responsAbility Access To Clean Power Fund
responsAbility’s Access to Clean Power Fund is a private debt fund that seeks to address the lack of access to clean power globally, with a strong focus on Sub-Saharan Africa and South and Southeast Asia. The Fund targets companies that provide solutions to households without access to electricity and to businesses looking for cleaner, cheaper and more reliable energy. Beyond the financing of the dynamic off-grid energy sector, the Fund will also actively address the solar potential for the commercial and industrial (C&I) sector.
Over the lifetime of the Fund, portfolio companies are expected to provide clean power to more than 150 m people, add 2,000 MW of clean energy generation capacity and reduce CO2 emissions by 6 m tons.
About responsAbility Investments AG responsAbility Investments AG is an asset manager in the field of development investments and offers professionally-managed investment solutions to private, institutional and public investors. The company’s investment solutions supply debt and equity financing predominantly to non-listed firms in emerging and developing economies. Through their inclusive business models, these firms help to meet the basic needs of broad sections of the population and to drive economic development—leading to greater prosperity in the long term. The company is headquartered in Zurich and has local offices in Bangkok, Geneva, Hong Kong, Lima, Luxembourg, Mumbai, Nairobi, Oslo, and Paris.
Featured Impact Story
Impact Story
candi solar
In March of 2022, the responsAbility Access to Clean Power Fund partnered with BIO, a Belgian investment company for developing countries, to provide a $10 million equivalent multi-currency loan to candi solar, a financial and clean energy platform. Candi aims to help organizations in emerging markets build and scale energy infrastructure projects across Asia and Africa. The loan will finance new solar projects in South Africa and India to mitigate the effects of climate change and will provide candi with the flexibility to allocate the funds according to the needs of their growing portfolio.
Read more about this impact story here.
Impact Story
d.light
In June of 2022, responsAbility issued a $14 million loan to d.light, a leading producer of solar-powered products for low-income families in emerging markets. The loan will provide flexible capital to fund d.light’s newly established financing vehicle, Brighter Life Kenya 2 (BLK2), and allow the organization to expand its operations across Africa. BLK2 is the largest off-balance-sheet financing facility of its kind.
Read more about this impact story here.
Renewable Energy
Gender Equity
