Investment Directory
Explore a billion dollar investment opportunity represented by Practitioner Network member organizations operating at the forefront of the global off-grid energy sector, addressing energy access issues

Updated In October 19 2016
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Askn Electric Ltd

http://westafrica.smetoolkit.org/westafrica/en/webpage/15053/en

Based in: Ghana

Type of Organization

Small business

Operating In

West Africa

Countries of Operation

Ghana

Types of Work

  • Project Development
  • Manage Energy Programs
  • Integrate Install or Maintain Energy Systems

Energy Products or Services Offered

  • Energy Storage

Company Profile

  • Years in Business

    10

  • Full Time Employees

    15

  • Woman Leadership

    No

  • Active Financing Round

    No

Funding needs over the next 12-24 months

Further details about funding needs

Financing that will be repaid through the sale of energy. The project is estimated to generate 730GWh per annum. with current energy price of $180,000/GWh, an annual gross revenue of $131,400,000 is projected for the project. We are interested in receiving concessional debt $1.5 billion @ a rate of 3% p.a for 20 years, a project development grant of $2 million and a working capital of $50 million to help fund project administration and other incidentals during implementation.

Involved in Mini-Grids: No

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