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Embark and PANGEA in Strategic Alliance to Catalyze Investment in Clean Energy Enterprises | Energy Access Practitioner Network

News

Embark and PANGEA in Strategic Alliance to Catalyze Investment in Clean Energy Enterprises

June 20, 2014

Practitioner network members Embark, focusing on learning and networking through its comprehensive long-distance training programs for scaling up clean energy businesses, and Partners for Euro-African Green Energy (PANGEA), which promotes sustainable bioenergy investments in Africa, have entered into a strategic alliance with global energy project developer and advisor, Everest Energy Group, under the United Nations Sustainable Energy for All initiative.

The three-way partnership aims to advance the objectives of the Sustainable Energy for All initiative through greater knowledge sharing among various actors in the energy sector, and supporting SE4ALL’s focus on Sustainable Bioenergy in Africa.

Ellen Morris, one of Embark’s founding partners outlined in an announcement on Embark’s website how entrepreneurs who are part of this new coalition will benefit from exposure to a large and diverse network of individuals and organizations in the clean energy sector, and will benefit from Embark’s online training tool, MyBusinessPlan.

The partnership plans to provide a continuous pipeline of training and financing opportunities to small-scale entrepreneurs who can access larger networks and project opportunities through PANGEA, which will connect new businesses to more commercial finance, technical assistance and a network of product suppliers.

Everest Energy will help further develop the projects to attract large-scale investment by deploying its project finance expertise, particularly in bio-energy project development.