Project detail - STICHTING TRIPLE JUMP ADVISORY SERVICES

STICHTING TRIPLE JUMP ADVISORY SERVICES

Status: Approved investment
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Disclaimer

The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.

Who is our customer

FMO’s customer is Stichting Triple Jump Advisory Services, Triple Jump B.V.’s foundation. Triple Jump B.V. is a Dutch partner and fund manager of the Energy Entrepreneurs Growth Fund.

What is our funding objective?

FMO will provide funding for the TA facility focusing on i) Core Business TA and ii) Impact/ESG strengthening for the investees of the Energy Entrepreneurs Growth Fund (EEGF).

Why do we fund this investment?

Combined with its equity investment in EEGF, FMO aims to prepare companies in the solar sector to successfully scale their business model and achieve ESG related goals. This is in line with FMO’s aim to support climate action and access to clean energy, support Bottom of the Pyramid customers and SMEs.

Region
Africa
Country
Africa
Sector
Energy
Effective date
7/20/2022
Total FMO financing
EUR 0.20 MLN
Funding
Building Prospects