Energy Access Ventures (Schneider Electric and others) prepares new fund

Energy Access Ventures (Schneider Electric and others) prepares new fund

With 15 investments and one exit under its belt, EAV (Energy Access Ventures, €75m) is focusing on developing its existing business. But our sources tell us that management is already considering creating a new fund two to three times larger, still focused on off-grid and access to electricity.

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            ▪ Energy Access Ventures (Schneider Electric and others) prepares new fund

▪ With 15 investments and one exit under its belt, EAV (Energy Access Ventures, €75m) is focusing on developing its existing business. But our sources tell us that management is already considering creating a new fund two to three times larger, still focused on off-grid and access to electricity.

https://www.africabusinessplus.com/en/805048/energy-access-ventures-schneider-electric-and-others-prepares-new-fund/

The €75m Energy Access Ventures (EAV) early stage funding vehicle has just invested in two solar developers that are still in their growth phase – SolarX in Mali and Ziz in Chad – and has achieved its objectives in terms of the number of tickets purchased. “We are far from having invested all our capital.

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